Amalgamated (NASDAQ: AMAL) CFO receives stock units, withholds shares

Rhea-AI Filing Summary

Amalgamated Financial Corp.'s Senior Executive VP and CFO Jason Darby reported routine equity compensation activity. On January 20, 2026, he acquired 4,724 shares of common stock at $0 upon the release of performance stock units that had vested on January 1, 2026 and were approved for release by the compensation committee. On the same date, 1,742 shares were disposed of at $32.03 per share, representing shares withheld in connection with that unit release. After these transactions, he beneficially owned 77,259.98 shares directly, which includes 34.62 outstanding Restricted Stock Units acquired via a dividend reinvestment program and assigned to deferred Restricted 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

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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)
01/20/2026

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	01/20/2026		A		4,724(1)	A	$0	79,001.98	D
Common Stock	01/20/2026		F		1,742(2)	D	$32.03	77,259.98(3)	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 performance stock units that vested on January 1, 2026, and were approved for release by the Company's Compensation Committee on January 20, 2026.

2. Represents the shares withheld related to the release of performance stock units.

3. The total reported in Column 5 includes 34.62 outstanding Restricted Stock Units, acquired by the reporting person under a dividend reinvestment program, assigned to deferred Restricted Stock Units.

Remarks:

	/s/Jason Darby	01/22/2026
	** 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 transaction did AMAL CFO Jason Darby report?

Jason Darby, Senior Executive VP and CFO of Amalgamated Financial Corp. (AMAL), reported equity compensation activity involving performance stock units converting into common stock and related tax-share withholding on January 20, 2026.

How many Amalgamated Financial (AMAL) shares did the CFO receive?

He acquired 4,724 shares of common stock at $0 per share, representing performance stock units that vested on January 1, 2026 and were approved for release on January 20, 2026.

Why were 1,742 AMAL shares disposed of in the Form 4 filing?

The 1,742 shares disposed of at $32.03 per share were shares withheld in connection with the release of performance stock units, typically to cover tax obligations related to the award.

How many AMAL shares does the CFO own after these transactions?

Following the reported transactions, Jason Darby beneficially owned 77,259.98 shares of common stock directly, which includes 34.62 outstanding Restricted Stock Units from a dividend reinvestment program assigned to deferred Restricted Stock Units.

Are the reported AMAL shares held directly or indirectly by the CFO?

The Form 4 indicates the holdings as direct ownership, with no disclosure of indirect ownership through other entities in the provided data.

What do the performance stock unit and RSU details mean for AMAL investors?

The filing shows routine equity compensation for the CFO of Amalgamated Financial Corp., including vested performance stock units converting to common shares and a small number of Restricted Stock Units outstanding via a dividend reinvestment program.