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Amalgamated 10% holders sell 462K shares at ~$48

Union-affiliated 10% owners of AMAL reported open-market sales totaling 462,412 shares at around $48 per share in mid-September 2026.

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Form Type
4

Rhea-AI Filing Summary

Amalgamated Financial Corp. (AMAL) had multiple affiliated 10% owners associated with Workers United report open-market sales of its Common Stock. Across transactions on September 11 and September 14, 2026, these reporting persons sold an aggregate 462,412 shares at weighted average prices around $48 per share, with one reporting person shown holding 6,906,314.93 shares afterward. The filers expressly disclaim beneficial ownership beyond their pecuniary interests, and no Rule 10b5-1 trading plan is reported.

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Insider Western States Regional Joint Board, Workers United, Workers United Canada Council, Southern Region Workers United/SEIU, Southwest Regional Joint Board, Workers United
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold 462,412 shs ($22.13M)
Type Security Shares Price Value
Sale Common Stock, par value $0.01 per share ("Common Stock") F18, F4, F15, F16, F17 82,412 $47.6873 $3.93M
Sale Common Stock F19, F3, F15, F16, F17 50,000 $47.9784 $2.40M
Sale Common Stock F22, F9, F15, F16, F17 95,872 $47.8941 $4.59M
Sale Common Stock F20, F5, F15, F16, F17 80,000 $47.8777 $3.83M
Sale Common Stock F21, F9, F15, F16, F17 154,128 $47.8828 $7.38M
holding Common Stock F1, F15, F16, F17 -- -- --
holding Common Stock F2, F15, F16, F17 -- -- --
holding Common Stock F6, F15, F16, F17 -- -- --
holding Common Stock F7, F15, F16, F17 -- -- --
holding Common Stock F8, F15, F16, F17 -- -- --
holding Common Stock F10, F15, F16, F17 -- -- --
holding Common Stock F11, F15, F16, F17 -- -- --
holding Common Stock F12, F15, F16, F17 -- -- --
holding Common Stock F13, F15, F16, F17 -- -- --
holding Common Stock F14, F15, F16, F17 -- -- --
Holdings After Transaction: Common Stock, par value $0.01 per share ("Common Stock") — 6,906,314.93 shares (Direct); Common Stock — 2,897,509.05 shares (Direct)
Footnotes (22)
  1. F1. Reflects securities directly owned by Rochester Regional Joint Board, Workers United ("Rochester Workers United").
  2. F2. Reflects securities directly owned by Pennsylvania Joint Board Workers United ("Pennsylvania Joint Board").
  3. F3. Reflects securities directly owned by Philadelphia Joint Board, Workers United ("Philadelphia Joint Board").
  4. F4. Reflects securities directly owned by Workers United.
  5. F5. Reflects securities directly owned by Chicago & Midwest Regional Joint Board, Workers United ("Chicago & Midwest").
  6. F6. Reflects securities directly owned by Laundry, Distribution & Food Service Joint Board, Workers United ("Laundry, Distribution & Food Service").
  7. F7. Reflects securities directly owned by Local 50, Workers United ("Local 50").
  8. F8. Reflects securities directly owned by Mid-Atlantic Regional Joint Board, Workers United ("Mid-Atlantic Regional").
  9. F9. Reflects securities directly owned by New York-New Jersey Regional Joint Board, Workers United ("New York-New Jersey Regional").
  10. F10. Reflects securities directly owned by Rochester Regional Joint Board Fund for the Future ("Rochester Regional Fund").
  11. F11. Reflects securities directly owned by Western States Regional Joint Board, Workers United ("Western States").
  12. F12. Reflects securities directly owned by Workers United Canada Council ("Workers United Canada").
  13. F13. Reflects securities directly owned by Workers United, Southern Regional Joint Board ("Southern Regional").
  14. F14. Reflects securities directly owned by Southwest Regional Joint Board ("Southwest").
  15. F15. For purposes of this filing, the "Reporting Persons" means, as applicable, Workers United, Chicago & Midwest, Laundry, Distribution & Food Service, Local 50, Mid-Atlantic Regional, New York-New Jersey Regional, Pennsylvania Joint Board, Philadelphia Joint Board, Rochester Regional Fund, Rochester Workers United, Western States, Workers United Canada, Southern Regional and Southwest.
  16. F16. The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, any Reporting Person is the beneficial owner of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein, if any.
  17. F17. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
  18. F18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.6000 to $47.8100, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  19. F19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.6500 to $48.3000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  20. F20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.8000 to $48.0145, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  21. F21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.8000 to $48.0000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  22. F22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.6000 to $48.3100, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Total shares sold 462,412 shares Aggregate net shares sold by reporting persons in this Form 4
Shares sold on September 14, 2026 (transaction 1) 82,412 shares Open-market sale at weighted average price of $47.6873 per share
Shares sold on September 14, 2026 (transaction 2) 50,000 shares Open-market sale at weighted average price of $47.9784 per share
Shares sold on September 14, 2026 (transaction 3) 95,872 shares Open-market sale at weighted average price of $47.8941 per share
Shares sold on September 11, 2026 (transaction 4) 80,000 shares Open-market sale at weighted average price of $47.8777 per share
Shares sold on September 11, 2026 (transaction 5) 154,128 shares Open-market sale at weighted average price of $47.8828 per share
Holdings after one reported sale 6,906,314.93 shares Total common shares directly held following the 82,412-share sale
Price range for weighted average $47.6873 $47.60–$47.81 per share Range of individual trade prices for one September 14, 2026 sale
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"each Reporting Person expressly disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"
ten percent owner regulatory
"each identified as a ten percent owner of the issuer"
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity in AMAL stock did the Form 4 report?

The Form 4 reports that multiple affiliated 10% owners associated with Workers United sold a total of 462,412 shares of Amalgamated Financial Corp. common stock in open-market or private transactions on September 11 and 14, 2026.

At what prices were the AMAL shares sold in this Form 4?

The reported sales of AMAL common stock occurred at weighted average prices ranging from about $47.69 to $47.98 per share, with underlying individual trades executed in ranges between $47.60 and $48.31 per share, as described in the transaction footnotes.

How many AMAL shares did a reporting person hold after these transactions?

Following one of the reported sales, a reporting person is shown holding 6,906,314.93 shares of Amalgamated Financial Corp. common stock directly. The Form 4 also states that each reporting person disclaims beneficial ownership beyond their pecuniary interest.

Were the AMAL insider sales made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and the footnotes do not state that these sales were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

Who are the reporting persons involved in these AMAL transactions?

The reporting persons include Western States Regional Joint Board, Workers United, Workers United Canada Council, Southern Region Workers United/SEIU, and Southwest Regional Joint Board, Workers United, each identified as a ten percent owner of Amalgamated Financial Corp.

What does the Form 4 say about beneficial ownership of AMAL shares?

The reporting persons state that they may be deemed part of a "group" but each disclaims beneficial ownership of securities not directly owned and of the reported securities except to the extent of their pecuniary interest, if any.

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

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Learn about SEC filing dates
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*
Western States Regional Joint Board, Workers United

(Last)(First)(Middle)
920 SOUTH ALVARADO STREET

(Street)
LOS ANGELES CALIFORNIA 90006

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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 Stock, par value $0.01 per share ("Common Stock")09/14/2026S82,412D$47.6873(18)6,906,314.93D(4)(15)(16)(17)
Common Stock119,132.96D(1)(15)(16)(17)
Common Stock302,517.82D(2)(15)(16)(17)
Common Stock09/14/2026S50,000D$47.9784(19)373,022D(3)(15)(16)(17)
Common Stock09/11/2026S80,000D$47.8777(20)399,567D(5)(15)(16)(17)
Common Stock281,583.12D(6)(15)(16)(17)
Common Stock114,600D(7)(15)(16)(17)
Common Stock264,939.14D(8)(15)(16)(17)
Common Stock09/11/2026S154,128D$47.8828(21)1,476,678.4D(9)(15)(16)(17)
Common Stock09/14/2026S95,872D$47.8941(22)1,380,806.4D(9)(15)(16)(17)
Common Stock132,580D(10)(15)(16)(17)
Common Stock119,380D(11)(15)(16)(17)
Common Stock27,421.98D(12)(15)(16)(17)
Common Stock149,794.78D(13)(15)(16)(17)
Common Stock4,752.85D(14)(15)(16)(17)
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
1. Name and Address of Reporting Person*
Western States Regional Joint Board, Workers United

(Last)(First)(Middle)
920 SOUTH ALVARADO STREET

(Street)
LOS ANGELES CALIFORNIA 90006

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Workers United Canada Council

(Last)(First)(Middle)
2800 SKYMARK AVENUE, UNIT 10A

(Street)
MISSISSAUGAL4W 5A7

(City)(State)(Zip)

ONTARIO, CANADA

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Southern Region Workers United/SEIU

(Last)(First)(Middle)
1777 PHOENIX PARKWAY, SUITE 203

(Street)
ATLANTA GEORGIA 30349

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Southwest Regional Joint Board, Workers United

(Last)(First)(Middle)
3235 SOUTH CARRIER PARKWAY

(Street)
GRAND PRAIRIE TEXAS 75052

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Reflects securities directly owned by Rochester Regional Joint Board, Workers United ("Rochester Workers United").
2. Reflects securities directly owned by Pennsylvania Joint Board Workers United ("Pennsylvania Joint Board").
3. Reflects securities directly owned by Philadelphia Joint Board, Workers United ("Philadelphia Joint Board").
4. Reflects securities directly owned by Workers United.
5. Reflects securities directly owned by Chicago & Midwest Regional Joint Board, Workers United ("Chicago & Midwest").
6. Reflects securities directly owned by Laundry, Distribution & Food Service Joint Board, Workers United ("Laundry, Distribution & Food Service").
7. Reflects securities directly owned by Local 50, Workers United ("Local 50").
8. Reflects securities directly owned by Mid-Atlantic Regional Joint Board, Workers United ("Mid-Atlantic Regional").
9. Reflects securities directly owned by New York-New Jersey Regional Joint Board, Workers United ("New York-New Jersey Regional").
10. Reflects securities directly owned by Rochester Regional Joint Board Fund for the Future ("Rochester Regional Fund").
11. Reflects securities directly owned by Western States Regional Joint Board, Workers United ("Western States").
12. Reflects securities directly owned by Workers United Canada Council ("Workers United Canada").
13. Reflects securities directly owned by Workers United, Southern Regional Joint Board ("Southern Regional").
14. Reflects securities directly owned by Southwest Regional Joint Board ("Southwest").
15. For purposes of this filing, the "Reporting Persons" means, as applicable, Workers United, Chicago & Midwest, Laundry, Distribution & Food Service, Local 50, Mid-Atlantic Regional, New York-New Jersey Regional, Pennsylvania Joint Board, Philadelphia Joint Board, Rochester Regional Fund, Rochester Workers United, Western States, Workers United Canada, Southern Regional and Southwest.
16. The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, any Reporting Person is the beneficial owner of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein, if any.
17. Information with respect to each Reporting Person is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.6000 to $47.8100, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.6500 to $48.3000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.8000 to $48.0145, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.8000 to $48.0000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.6000 to $48.3100, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Remarks:
Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of the Securities Exchange Act of 1934. Each Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the Reporting Person. This report shall not be deemed an admission that any Reporting Person is a member of a group or the beneficial owner of any securities not directly owned by the Reporting Person. To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the second of two identical reports relating to the same transaction being filed with the Securities and Exchange Commission.
Western States Regional Joint Board, Workers United By: Lynne Fox, by Power of Attorney09/15/2026
Workers United Canada Council By: Lynne Fox, by Power of Attorney09/15/2026
Workers United, Southern Regional Joint Board By: Lynne Fox, by Power of Attorney09/15/2026
Southwest Regional Joint Board By: Lynne Fox, by Power of Attorney09/15/2026
** 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)

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