Amalgamated Financial Corp. (AMAL) officer has 290 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amalgamated Financial Corp. executive Romney Edgar Jr reported a tax-withholding disposition of 290 shares of common stock tied to the vesting of a restricted stock unit installment awarded on February 15, 2023.
The shares were withheld at $41.39 per share on February 15, 2026, to satisfy tax obligations. After this transaction, he holds 27,057.41 shares in total, including 119.84 common shares and 9.88 restricted stock units acquired through a dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Romney Edgar Jr
Role
Chief Strategy & Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 290 | $41.39 | $12K |
Holdings After Transaction:
Common Stock — 27,057.41 shares (Direct)
Footnotes (1)
- Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on February 15, 2023. The total reported in Column 5 includes 119.84 shares of Common Stock, acquired by the reporting owner through a dividend reinvestment program, assigned to Common Stock, and 9.88 outstanding Restricted Stock Units, acquired by the reporting person under a dividend reinvestment program, assigned to deferred Restricted Stock Units
FAQ
What insider transaction did AMAL executive Romney Edgar Jr report?
Romney Edgar Jr reported a tax-withholding disposition of 290 Amalgamated Financial Corp. common shares. The shares were withheld in connection with the vesting of a restricted stock unit installment granted in February 2023, rather than an open-market sale of stock.
What is the origin of the restricted stock units involved in the AMAL filing?
The restricted stock unit installment involved in the tax-withholding disposition was awarded on February 15, 2023. The reported withholding reflects shares retained by the company when that installment vested, helping cover the reporting person’s tax obligations related to the equity award.
How do dividend reinvestment programs affect Romney Edgar Jr’s AMAL holdings?
Dividend reinvestment has added 119.84 common shares and 9.88 restricted stock units to Romney Edgar Jr’s reported total. These amounts arise from dividends automatically reinvested into Amalgamated Financial Corp. equity, increasing both his common stock and deferred restricted stock unit positions over time.