Amalgamated Financial (AMAL) withholds 331 executive shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amalgamated Financial Corp. executive Mandy Tenner, EVP and Chief Legal Officer, reported a small share disposition tied to taxes rather than an open-market trade. On April 1, 331 shares of common stock were withheld at $39.08 per share to cover tax obligations from a restricted stock unit vesting. After this routine tax-withholding event, she directly holds 20,420.19 shares of Amalgamated Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tenner Mandy
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 331 | $39.08 | $13K |
Holdings After Transaction:
Common Stock — 20,420.19 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 331 shares
Withholding price per share: $39.08 per share
Shares held after transaction: 20,420.19 shares
+1 more
4 metrics
Shares withheld for taxes
331 shares
Tax-withholding disposition on April 1, 2026
Withholding price per share
$39.08 per share
Value used for withheld shares
Shares held after transaction
20,420.19 shares
Direct ownership after tax withholding
Tax-withholding transactions
1 transaction, 331 shares
Current Form 4 summary
Key Terms
restricted stock unit, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
3 terms
restricted stock unit financial
"Represents the shares withheld related to the vesting of a restricted stock unit installment"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for the reporting person’s common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"