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  4. [Form 4] Amalgamated Financial Corp. Insider Trading Activity

Amalgamated Financial (NASDAQ: AMAL) director sells stock to pay taxes

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

Rhea-AI Filing Summary

Amalgamated Financial Corp. director Royce A. Wells reported selling 787 shares of Common Stock at $50.00 per share on August 3, 2026, in a sale described as an open market or private transaction. After the sale, he directly holds 2,694 shares. A footnote states he will use the cash proceeds to pay taxes incurred upon the vesting of 1,858 restricted stock units on June 27, 2026, and the filing indicates the transaction was not made under a Rule 10b5-1 trading plan.

Positive

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Negative

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Insider Wells Royce A.
Role Director
Sold 787 shs ($39K)
Type Security Shares Price Value
Sale Common Stock F1 787 $50.00 $39K
Holdings After Transaction: Common Stock — 2,694 shares (Direct)
Footnotes (1)
  1. F1. Mr. Royce will use cash proceeds from this sale to pay taxes incurred upon the vesting of 1,858 restricted stock units on June 27, 2026.
Shares sold 787 shares Common Stock sale on August 3, 2026
Sale price $50.00 per share Price for 787-share Common Stock sale
Shares held after sale 2,694 shares Direct holdings following August 3, 2026 transaction
Restricted stock units vested 1,858 units RSUs vesting on June 27, 2026, linked to tax obligation
restricted stock units financial
"upon the vesting of 1,858 restricted stock units on June 27, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open market or private transaction financial
"transaction code description is Sale in open market or private transaction"
vesting financial
"taxes incurred upon the vesting of 1,858 restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider trade did Amalgamated Financial (AMAL) disclose in this Form 4?
Amalgamated Financial (AMAL) disclosed that director Royce A. Wells sold 787 shares of Common Stock at $50.00 per share on August 3, 2026. Following this open market or private transaction, he directly holds 2,694 shares of Amalgamated Financial stock.

Who is the insider involved in the latest Amalgamated Financial (AMAL) transaction?
The insider is Royce A. Wells, a director of Amalgamated Financial Corp. He reported a sale of 787 shares of Common Stock and now directly owns 2,694 shares after the transaction reported for August 3, 2026.

At what price were the Amalgamated Financial (AMAL) shares sold in this filing?
The reported sale price was $50.00 per share for 787 shares of Amalgamated Financial Common Stock. The transaction on August 3, 2026, is characterized as a sale in an open market or private transaction in the filing’s transaction details.

How many Amalgamated Financial (AMAL) shares does the director hold after the sale?
After the reported sale, director Royce A. Wells directly holds 2,694 shares of Amalgamated Financial Common Stock. This post-transaction holding figure comes from the Form 4’s “total shares following transaction” field for the August 3, 2026 sale.

Why did the Amalgamated Financial (AMAL) director sell 787 shares according to the filing?
A footnote explains that Royce A. Wells will use cash proceeds from the 787-share sale to pay taxes incurred upon the vesting of 1,858 restricted stock units on June 27, 2026, linking the transaction to tax obligations from that equity vesting.

Was the Amalgamated Financial (AMAL) insider sale made under a Rule 10b5-1 plan?
The Form 4 indicates the transaction was not made under a Rule 10b5-1 trading plan. The document-level checkbox corresponding to Rule 10b5-1 arrangements is marked false, meaning the reported August 3, 2026 sale was not executed pursuant to such a pre-arranged plan.
SEC Form 4
FORM 4UNITED 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*
Wells Royce A.
(Last)(First)(Middle)
275 7TH AVENUE
(Street)
NEW YORK NEW YORK 10001
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Amalgamated Financial Corp. [ AMAL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/03/2026S(1)787D$502,694D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Mr. Royce will use cash proceeds from this sale to pay taxes incurred upon the vesting of 1,858 restricted stock units on June 27, 2026.
Remarks:
/s/ Royce A. Wells08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR