Amalgamated Financial (AMAL) CFO has shares withheld for RSU tax payment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amalgamated Financial Corp. Senior Executive VP and CFO Jason Darby reported a tax-withholding disposition of 1,797 shares of common stock at $39.08 per share. The shares were withheld to cover taxes on a restricted stock unit vesting, and Darby continues to hold 82,333.1 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Darby Jason
Role
Senior Executive VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,797 | $39.08 | $70K |
Holdings After Transaction:
Common Stock — 82,333.1 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 1,797 shares
Withholding price: $39.08 per share
Post-transaction holdings: 82,333.1 shares
+2 more
5 metrics
Tax-withholding shares
1,797 shares
Common stock withheld for RSU-related taxes
Withholding price
$39.08 per share
Value used for tax-withholding disposition
Post-transaction holdings
82,333.1 shares
Common stock held directly after disposition
Transaction code
F
Payment of tax liability by delivering securities
Tax-withholding count
1 transaction
TaxWithholdingCount in transaction summary
Key Terms
tax-withholding disposition, restricted stock unit, Form 4, Common Stock, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 1,797 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock unit financial
"vesting of a restricted stock unit installment, awarded to the reporting person"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Senior Executive VP and CFO financial
"officer_title: "Senior Executive VP and CFO""
FAQ
What insider transaction did AMAL CFO Jason Darby report on this Form 4?
Jason Darby reported a disposition of 1,797 AMAL common shares. The shares were withheld by the company at $39.08 per share to cover tax obligations related to a restricted stock unit vesting, rather than being sold in the open market.
Does the AMAL Form 4 indicate any option exercises or derivative transactions?
No, this AMAL Form 4 does not report any option exercises or derivative security transactions. It only reflects a single non-derivative common stock entry related to tax withholding on a restricted stock unit vesting installment.