Amalgamated Financial (NASDAQ: AMAL) exec logs 458-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amalgamated Financial Corp. executive Sam D. Brown, SEVP and Chief Banking Officer, reported a Form 4 transaction involving a tax-related share disposition. On February 19, 2026, 458 shares of common stock were withheld at 39.93 per share to cover taxes upon vesting of a restricted stock unit installment, leaving him with 54,891.39 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Sam D.
Role
SEVP, Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 458 | $39.93 | $18K |
Holdings After Transaction:
Common Stock — 54,891.39 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Amalgamated Financial Corp. (AMAL) report for Sam D. Brown?
Amalgamated Financial Corp. reported that executive Sam D. Brown had 458 common shares withheld on February 19, 2026. The shares were used to satisfy tax obligations tied to a restricted stock unit vesting, rather than being sold in an open-market transaction.
What does the Form 4 tax-withholding disposition mean for AMAL insider Sam D. Brown?
The Form 4 shows a tax-withholding disposition, where 458 shares were withheld at 39.93 per share. This occurred when a restricted stock unit installment vested, allowing taxes to be paid in shares instead of cash while Brown retained the remaining vested shares.
Was the AMAL Form 4 transaction an open-market sale by Sam D. Brown?
No, the AMAL Form 4 transaction was not an open-market sale. It was coded “F,” indicating 458 shares were withheld to cover tax liabilities upon restricted stock unit vesting, rather than shares being intentionally sold by Brown on the open market.