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Amalgamated (NASDAQ: AMAL) legal chief reports stock sale and tax withholding

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

Rhea-AI Filing Summary

Amalgamated Financial Corp. executive reports share transactions tied to equity compensation. EVP and Chief Legal Officer Mandy Tenner had 263 shares of common stock withheld at $39.93 per share to cover taxes on a restricted stock unit vesting on February 19, 2026. On the same date, she sold 1,360 shares of common stock in an open-market transaction at $40.44 per share. After these transactions, she directly owned 21,719.54 shares of Amalgamated Financial Corp. common stock.

Positive

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Negative

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Insider Tenner Mandy
Role EVP, Chief Legal Officer
Sold 1,360 shs ($55K)
Type Security Shares Price Value
Tax Withholding Common Stock 263 $39.93 $11K
Sale Common Stock 1,360 $40.44 $55K
Holdings After Transaction: Common Stock — 23,079.54 shares (Direct)
Footnotes (1)
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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).
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)
02/19/2026
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 02/19/2026 F 263(1) D $39.93 23,079.54 D
Common Stock 02/19/2026 S 1,360 D $40.44 21,719.54 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. Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on February 19, 2025.
Remarks:
/s/ Mandy Tenner 02/23/2026
** 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 transactions did AMAL executive Mandy Tenner report on this Form 4?

Mandy Tenner reported a tax-related share withholding and an open-market sale. She had 263 shares withheld at $39.93 per share for taxes and sold 1,360 shares at $40.44 per share, both involving Amalgamated Financial Corp. common stock.

How many Amalgamated Financial Corp. (AMAL) shares did the insider sell?

The filing shows an open-market sale of 1,360 AMAL common shares. These shares were sold at a price of $40.44 per share, according to the reported non-derivative transaction coded as an "S" sale.

What does the tax-withholding transaction mean in AMAL’s Form 4 filing?

The 263 withheld shares represent tax payment on a restricted stock unit vesting. Instead of paying cash, shares were withheld at $39.93 per share, as noted in the footnote describing the vesting-related share withholding.

What is Mandy Tenner’s AMAL share ownership after these transactions?

After the reported transactions, Mandy Tenner directly owns 21,719.54 AMAL common shares. This figure reflects the impact of both the 263-share tax withholding and the 1,360-share open-market sale on the same date.

What transaction codes appear in this AMAL Form 4 and what do they indicate?

The filing includes code "F" for a tax-withholding disposition and code "S" for an open-market sale. Code F covers 263 withheld shares, while code S covers the 1,360 common shares sold at $40.44 per share.

Is the AMAL insider’s ownership reported as direct or indirect in this Form 4?

The transactions and resulting holdings are reported as direct ownership. The Form 4 uses ownership code "D" and does not reference any trusts, partnerships, or other entities holding the Amalgamated Financial Corp. shares.