Amalgamated EVP has 1,532 shares withheld
EVP and Chief Information & Operations Officer Sean Searby had 1,532 AMAL shares withheld for RSU-related obligations, leaving 20,779.96 shares owned directly.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) reported that executive vice president and Chief Information & Operations Officer Sean Searby had 1,532 shares of common stock withheld on September 1, 2026 as payment of exercise price or tax liability in connection with the vesting of a restricted stock unit installment awarded on September 1, 2025. After this withholding, Searby beneficially owned 20,779.96 shares of Amalgamated Financial Corp. common stock, held directly; this figure includes shares acquired through the Dividend Reinvestment Program and a small sale of fractional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,532 shares
Exercise Price or Tax Liability
1 txn
Insider
Searby Sean
Role
EVP Chief Info. & Ops. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1, F2 | 1,532 | $47.34 | $73K |
Holdings After Transaction:
Common Stock — 20,779.96 shares (Direct)
Footnotes (2)
- F1. Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on September 1, 2025.
- F2. The amount of securities beneficially owned includes 5.2086 shares the reporting owner acquired through the Dividend Reinvestment Program, less 0.5086 fractional shares sold at $48.14 per share.
Key Figures
Shares withheld for exercise price or tax liability: 1,532 shares
Withholding reference price: $47.34 per share
Shares owned after transaction: 20,779.96 shares
+2 more
5 metrics
Shares withheld for exercise price or tax liability
1,532 shares
Common stock withheld on September 1, 2026 for RSU-related obligations
Withholding reference price
$47.34 per share
Value per share applied to the 1,532 withheld shares on September 1, 2026
Shares owned after transaction
20,779.96 shares
Direct beneficial ownership of AMAL common stock following the September 1, 2026 withholding
Dividend Reinvestment Program shares acquired
5.2086 shares
Included within the beneficial ownership amount through the Dividend Reinvestment Program
Fractional shares sold under Dividend Reinvestment Program
0.5086 shares at $48.14 per share
Fractional shares sold, with proceeds reflected in beneficial ownership footnote
Key Terms
restricted stock unit, Dividend Reinvestment Program, beneficially owned, withheld
4 terms
restricted stock unit financial
"Represents the shares withheld related to the vesting of a restricted stock unit installment"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Dividend Reinvestment Program financial
"shares the reporting owner acquired through the Dividend Reinvestment Program, less 0.5086 fractional"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
beneficially owned financial
"The amount of securities beneficially owned includes 5.2086 shares the reporting owner acquired"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
withheld financial
"Represents the shares withheld related to the vesting of a restricted stock unit installment"
FAQ
What insider transaction did AMAL executive Sean Searby report on this Form 4?
Sean Searby reported that 1,532 shares of Amalgamated Financial Corp. common stock were withheld on September 1, 2026 as payment of exercise price or tax liability related to a vesting restricted stock unit installment awarded on September 1, 2025.
Was the AMAL Form 4 transaction by Sean Searby an open-market sale or a tax/exercise withholding?
The Form 4 reports a code F transaction, described as payment of exercise price or tax liability by delivering or withholding securities. Footnotes state the 1,532 shares were withheld in connection with the vesting of a restricted stock unit installment, not an open-market trade.
Was Sean Searby’s AMAL Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, and no footnote states that the September 1, 2026 withholding transaction was made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What role does Sean Searby hold at Amalgamated Financial Corp. (AMAL)?
Sean Searby is reported as an officer of Amalgamated Financial Corp., serving as Executive Vice President, Chief Information & Operations Officer at the time of the reported transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
