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Amalgamated Financial (NASDAQ: AMAL) risk chief reports stock award and tax withholdings

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

Rhea-AI Filing Summary

Amalgamated Financial Corp. executive reports equity award and tax withholdings. EVP and Chief Risk Executive Margaret Matilda Lanning received a grant of 2,133 shares of common stock at no cost in connection with vested performance stock units approved for release by the Compensation Committee.

The filing also shows dispositions of 688 shares and 351 shares of common stock, both described as shares withheld to satisfy tax obligations related to the vesting of restricted stock units and the release of performance stock units. After these transactions, she directly holds 15,741.13 common shares.

Positive

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Negative

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Insider Lanning Margaret Matilda
Role EVP, Chief Risk Executive
Type Security Shares Price Value
Grant/Award Common Stock 2,133 $0.00 --
Tax Withholding Common Stock 688 $41.39 $28K
Tax Withholding Common Stock 351 $41.39 $15K
Holdings After Transaction: Common Stock — 16,429.13 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*
Lanning Margaret Matilda

(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)
EVP, Chief Risk Executive
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 351(1) D $41.39 14,296.13 D
Common Stock 02/18/2026 A 2,133(2) A $0 16,429.13 D
Common Stock 02/18/2026 F 688(3) D $41.39 15,741.13 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/Margaret Matilda Lanning 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 transactions did AMAL executive Margaret Matilda Lanning report?

Margaret Matilda Lanning reported receiving 2,133 shares of Amalgamated Financial Corp. common stock as an equity award. She also reported share dispositions where 688 and 351 shares were withheld to cover tax obligations tied to vested restricted and performance stock units.

Did the AMAL executive buy or sell shares on the open market?

The reported transactions do not reflect open market buying or selling. They show an equity award of 2,133 shares at no cost and company share withholdings of 688 and 351 shares to satisfy tax liabilities from vesting equity awards.

How many AMAL shares does the executive own after these Form 4 transactions?

Following the reported equity award and tax-withholding dispositions, Margaret Matilda Lanning directly holds 15,741.13 shares of Amalgamated Financial Corp. common stock. This figure is disclosed in the Form 4 as the total shares owned after the final transaction.

What is the purpose of the 688 and 351 AMAL shares disposed in the filing?

The 688 and 351 share dispositions represent shares withheld by the company to pay tax liabilities. Footnotes explain they relate to the vesting of a restricted stock unit installment and the release of performance stock units, rather than discretionary market sales.

What type of award did the 2,133 AMAL shares represent for the executive?

The 2,133 shares represent performance stock units that vested and were approved for release by Amalgamated Financial Corp.’s Compensation Committee. They were delivered as common stock at no cost to the executive as part of her equity compensation.