Amalgamated Financial (AMAL) legal chief sells 2,029 shares under plan
Rhea-AI Filing Summary
Amalgamated Financial Corp. executive Mandy Tenner, EVP and Chief Legal Officer, sold 2,029 shares of common stock in an open-market transaction on February 27, 2026. The shares were sold at a weighted average price of $38.4981 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 14, 2025.
After this sale, Tenner directly owned 19,083.54 shares of Amalgamated Financial common stock. The filing notes the sale price reflects multiple trades executed between $38.06 and $39.03 per share, and detailed trade-level pricing information is available on request.
Positive
- None.
Negative
- None.
Insights
Small, pre-planned insider sale with limited directional signal.
The EVP and Chief Legal Officer of Amalgamated Financial Corp., Mandy Tenner, sold 2,029 common shares at a weighted average of $38.4981 on February 27, 2026. The transaction was executed as an open-market sale.
The sale occurred under a Rule 10b5-1 trading plan adopted on August 14, 2025, indicating it was pre-scheduled rather than opportunistic. Following the sale, Tenner continued to hold 19,083.54 shares directly, so the transaction represents only a portion of her reported holdings.
Because the sale size is modest and governed by a pre-existing 10b5-1 plan, the informational value for outside investors is limited. Subsequent filings may provide additional context on any further trades under the same trading plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,029 | $38.4981 | $78K |
Footnotes (1)
- The sale reported in this Form 4 was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/14/2025. The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.06 to $39.03, inclusive. The reporting person undertakes to provide to Amalgamated Financial Corp., any security holder of Amalgamated Financial Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.