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Amalgamated Financial (AMAL) legal chief sells 2,029 shares under plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tenner Mandy

(Last) (First) (Middle)
275 SEVENTH AVE

(Street)
NEW YORK NY 10001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Amalgamated Financial Corp. [ AMAL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 S 2,029(1) D $38.4981(2) 19,083.54 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Mandy Tenner 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Amalgamated Financial Corp. (AMAL) report for Mandy Tenner?

Amalgamated Financial Corp. reported that EVP and Chief Legal Officer Mandy Tenner sold 2,029 shares of common stock. The sale was an open-market transaction executed at a weighted average price of $38.4981 per share, reducing but not eliminating her direct ownership stake.

When did Mandy Tenner sell Amalgamated Financial Corp. (AMAL) shares and at what price?

Mandy Tenner sold Amalgamated Financial Corp. common shares on February 27, 2026, at a weighted average price of $38.4981. The filing notes trades occurred in multiple executions, with individual prices ranging from $38.06 to $39.03 per share during that trading session.

How many Amalgamated Financial Corp. (AMAL) shares did Mandy Tenner sell and how many does she still own?

Mandy Tenner sold 2,029 shares of Amalgamated Financial Corp. common stock in this transaction. After completing the sale, she directly owned 19,083.54 shares, indicating the sale represented only a portion of her reported holdings in the company.

Was Mandy Tenner’s sale of Amalgamated Financial Corp. (AMAL) shares under a Rule 10b5-1 plan?

Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan that Mandy Tenner adopted on August 14, 2025. Such plans pre-schedule trades, helping insiders systematically sell shares and reduce the appearance of trading on nonpublic information.

What does the weighted average price mean in Mandy Tenner’s AMAL stock sale?

The weighted average price of $38.4981 reflects multiple trades executed between $38.06 and $39.03 per share. Instead of listing each individual execution, the filing provides a single blended price and offers to supply detailed trade-level data upon request to investors or regulators.

What role does Mandy Tenner hold at Amalgamated Financial Corp. (AMAL) according to the Form 4?

According to the Form 4, Mandy Tenner serves as Executive Vice President and Chief Legal Officer of Amalgamated Financial Corp. Her position makes her a reporting insider, so her trades in company common stock must be disclosed publicly through Section 16 insider transaction filings.
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