STOCK TITAN

AMAL CFO gains 4,695-share award, withholds 2,151 shares for taxes

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

Rhea-AI Filing Summary

Amalgamated Financial Corp. Senior Executive VP and CFO Jason Darby reported equity award activity in company stock. On February 18, 2026, he acquired 4,695 shares of common stock as a grant related to vested performance stock units approved for release by the Compensation Committee. In connection with the vesting of a restricted stock unit installment and the release of performance stock units, 1,486 shares on February 18, 2026 and 665 shares on February 15, 2026 were disposed of through share withholding to cover tax obligations, rather than open-market sales. After these transactions, he directly owned 76,594.98 shares of Amalgamated Financial Corp. common stock.

Positive

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Negative

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Insider Darby Jason
Role Senior Executive VP and CFO
Type Security Shares Price Value
Grant/Award Common Stock 4,695 $0.00 --
Tax Withholding Common Stock 1,486 $41.39 $62K
Tax Withholding Common Stock 665 $41.39 $28K
Holdings After Transaction: Common Stock — 81,289.98 shares (Direct)
Footnotes (1)
  1. Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on February 15, 2023. Represents performance stock units that vested on February 15, 2026, and were approved for release by the Company's Compensation Committee on February 18, 2026. Represents the shares withheld related to the release of performance stock units.
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*
Darby Jason

(Last) (First) (Middle)
275 7TH AVENUE

(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)
Senior Executive VP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026
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 02/15/2026 F 665(1) D $41.39 76,594.98 D
Common Stock 02/18/2026 A 4,695(2) A $0 81,289.98 D
Common Stock 02/18/2026 F 1,486(3) D $41.39 79,803.98 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 15, 2023.
2. Represents performance stock units that vested on February 15, 2026, and were approved for release by the Company's Compensation Committee on February 18, 2026.
3. Represents the shares withheld related to the release of performance stock units.
Remarks:
/s/Jason Darby 02/18/2026
** 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 activity did AMAL CFO Jason Darby report on this Form 4?

Jason Darby reported an equity award and related tax-withholding transactions in Amalgamated Financial common stock. He received a grant tied to vested performance stock units, and some shares were withheld to satisfy tax obligations associated with restricted stock and performance stock unit vesting.

How many AMAL shares were granted to the CFO in this filing?

The CFO acquired 4,695 shares of Amalgamated Financial common stock on February 18, 2026 as a grant. The filing links this grant to performance stock units that vested on February 15, 2026 and were approved for release by the company’s Compensation Committee on February 18, 2026.

Why were some AMAL shares disposed of in Jason Darby’s Form 4?

The dispositions reflect shares withheld to cover tax liabilities, not open-market sales. The filing states shares were withheld in connection with the vesting of a restricted stock unit installment and the release of performance stock units, using transaction code F for tax-withholding disposition.

How many AMAL shares were withheld for taxes in this Form 4?

A total of 2,151 shares were withheld to satisfy tax obligations. This includes 1,486 shares on February 18, 2026 and 665 shares on February 15, 2026, both reported as tax-withholding dispositions related to restricted stock unit and performance stock unit vesting events.

What is Jason Darby’s AMAL share ownership after these transactions?

Following the reported grant and tax-withholding dispositions, Jason Darby directly owned 76,594.98 shares of Amalgamated Financial common stock. The Form 4 characterizes this ownership as direct, reflecting his holdings after the award release and associated share withholdings for tax purposes.

What types of equity awards are referenced in this AMAL Form 4 filing?

The filing references both restricted stock units and performance stock units. Footnotes explain that some shares were withheld upon vesting of a restricted stock unit installment, while the 4,695-share grant relates to performance stock units that vested and were approved for release by the Compensation Committee.