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Insider sale: Amalgamated (NASDAQ: AMAL) CLO sells 607 shares

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 607 shares of common stock in an open-market transaction at $38.63 per share. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on 12/04/2024. After this sale, Tenner directly owns 21,112.54 shares.

Positive

  • None.

Negative

  • None.
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)
02/24/2026
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 02/24/2026 S 607(1) D $38.63 21,112.54 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 12/04/2024.
Remarks:
/s/ Mandy Tenner 02/24/2026
** 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?

Amalgamated Financial Corp. reported that executive Mandy Tenner sold 607 shares of common stock. The sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan, indicating a structured approach to selling rather than a discretionary, one-time decision.

How many Amalgamated Financial (AMAL) shares did Mandy Tenner sell and at what price?

Mandy Tenner sold 607 shares of Amalgamated Financial common stock at $38.63 per share. This reflects a single open-market sale, with the price representing the executed trade level disclosed in the Form 4 insider filing for this transaction.

How many Amalgamated Financial (AMAL) shares does Mandy Tenner own after the sale?

After the reported sale, Mandy Tenner directly owns 21,112.54 shares of Amalgamated Financial common stock. This post-transaction balance is disclosed in the Form 4 and shows her remaining direct equity stake following the 607-share open-market sale.

Was the AMAL insider sale by Mandy Tenner part of a Rule 10b5-1 plan?

Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted on 12/04/2024. Such plans pre-schedule trades, helping insiders systematically sell shares and manage potential concerns about trading while in possession of material nonpublic information.

What role does Mandy Tenner hold at Amalgamated Financial Corp. (AMAL)?

Mandy Tenner serves as Executive Vice President and Chief Legal Officer at Amalgamated Financial Corp. This senior leadership role makes her a reporting insider, so transactions in the company’s common stock must be disclosed on Form 4 filings with the SEC.

Was the AMAL insider transaction a buy or a sell of shares?

The insider transaction was a sale of shares. Mandy Tenner executed an open-market sale of 607 shares of Amalgamated Financial common stock, as indicated by transaction code “S” and the transaction description in the Form 4 filing.
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