Director at Amalgamated (NASDAQ: AMAL) receives 1,623 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mark Finser reported acquisition or exercise transactions in this Form 4 filing.
Amalgamated Financial Corp. director Mark Finser received an award of 1,623 restricted stock units of common stock valued at $40.05 per unit on May 20, 2026. These units vest in a single installment on the first anniversary of the grant date.
Each restricted stock unit represents a contingent right to receive one share of AMAL stock upon vesting. Following this equity award, Finser directly holds 20,233 shares of Amalgamated Financial common stock, reflecting routine stock-based compensation rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mark Finser
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,623 | $40.05 | $65K |
Holdings After Transaction:
Common Stock — 20,233 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,623 restricted stock units
Grant value per unit: $40.05 per unit
Post-transaction holdings: 20,233 shares
3 metrics
RSU grant size
1,623 restricted stock units
Awarded to director Mark Finser on May 20, 2026
Grant value per unit
$40.05 per unit
Price per restricted stock unit at grant
Post-transaction holdings
20,233 shares
Total common shares directly held after grant
Key Terms
restricted stock units, contingent right, grant date
3 terms
restricted stock units financial
"Represents restricted stock units awarded to the reporting person on May 20, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of AMAL stock."
grant date financial
"The restricted stock units vest in one installment on the first anniversary of the grant date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Amalgamated Financial Corp. (AMAL) report in this Form 4 for Mark Finser?
Amalgamated Financial reported that director Mark Finser received 1,623 restricted stock units of common stock as an equity award. The award was granted at $40.05 per unit and increases his total direct holdings to 20,233 shares after the transaction.
Is Mark Finser’s AMAL Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant, not a market purchase. Mark Finser received 1,623 restricted stock units as compensation, classified under transaction code A for a grant, award, or other acquisition of Amalgamated Financial common stock.
When do Mark Finser’s newly granted AMAL restricted stock units vest?
The 1,623 restricted stock units granted to Mark Finser vest in one installment on the first anniversary of the May 20, 2026 grant date. Vesting must occur before each unit converts into one share of Amalgamated Financial common stock.
What does each restricted stock unit in Mark Finser’s AMAL grant represent?
Each restricted stock unit represents a contingent right to receive one share of Amalgamated Financial common stock. The units only convert into shares once the vesting condition is satisfied, which occurs in a single installment after one year.