Amalgamated officer sells 5,992 shares at $47.46
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) reported that Chief Strategy & Admin Officer Romney Edgar Jr sold 5,992 shares of common stock on September 10, 2026 at a weighted average price of $47.4573 per share under a Rule 10b5-1 trading plan, leaving him with 22,392.6122 shares held directly. His post-transaction holdings include small fractional shares accumulated through dividend reinvestment programs linked to managed shares and deferred stock units.
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Insider Trade Summary 10b5-1
Net Seller: 5,992 shares
Net Sell
1 txn
Insider
Romney Edgar Jr
Role
Chief Strategy & Admin Officer
Sold
5,992 shs ($284K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,992 | $47.4573 | $284K |
Holdings After Transaction:
Common Stock — 22,392.6122 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.135 - $47.71. The reporting person undertakes to provide to AMAL, any security holder of AMAL, 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 range set forth in footnote (1) to this Form 4.
- F2. The total reported in Column 5 includes 53.06 and 0.0022 shares of common stock, acquired through a dividend reinvestment program linked to the reporting owner's managed shares, and 2.80 and 2.38 shares of common stock acquired through a dividend reinvestment program linked to the reporting owner's deferred stock units.
Key Figures
Shares sold: 5,992 shares
Weighted average sale price: $47.4573 per share
Shares owned after transaction: 22,392.6122 shares
+2 more
5 metrics
Shares sold
5,992 shares
Non-derivative sale of AMAL common stock on September 10, 2026
Weighted average sale price
$47.4573 per share
Weighted average of multiple transactions ranging from $47.135 to $47.71
Shares owned after transaction
22,392.6122 shares
Direct AMAL common stock holdings following the September 10, 2026 sale
Dividend reinvestment shares (managed)
53.06 and 0.0022 shares
Common stock acquired through a dividend reinvestment program linked to managed shares
Dividend reinvestment shares (deferred stock units)
2.80 and 2.38 shares
Common stock acquired through a dividend reinvestment program linked to deferred stock units
Key Terms
Rule 10b5-1 trading plan, weighted average price, dividend reinvestment program, deferred stock units
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction is affirmed under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dividend reinvestment program financial
"shares of common stock, acquired through a dividend reinvestment program"
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.
deferred stock units financial
"shares of common stock acquired through a dividend reinvestment program linked to the reporting owner's deferred stock units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AMAL disclose for Romney Edgar Jr?
AMAL disclosed that Chief Strategy & Admin Officer Romney Edgar Jr sold 5,992 shares of common stock on September 10, 2026 in a reported sale transaction. This was a non-derivative sale of AMAL common stock.
Was the AMAL insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 indicates the transaction is affirmed under a Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs, which can reduce the informational value of the exact timing of the sale.
What does the dividend reinvestment information mean in the AMAL Form 4?
The filing explains that the post-transaction share total includes 53.06 and 0.0022 shares from a dividend reinvestment program on managed shares and 2.80 and 2.38 shares from a dividend reinvestment program on deferred stock units, all in AMAL common stock.
What role does Romney Edgar Jr hold at Amalgamated Financial Corp. (AMAL)?
Romney Edgar Jr is reported as an officer of Amalgamated Financial Corp., serving as Chief Strategy & Admin Officer. The Form 4 reflects his personal direct ownership in AMAL common stock after the reported sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.