Amalgamated (NASDAQ: AMAL) legal chief reports stock sale and tax withholding
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,360 shares ($54,998)
Net Sell
2 txns
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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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.
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 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.