Amalgamated SEVP sells 30,735 shares of stock
Amalgamated Financial Corp.’s chief banking officer reported Rule 10b5-1 plan sales totaling 30,735 AMAL shares across two days.
Rhea-AI Filing Summary
Amalgamated Financial Corp. (AMAL) reported that Sam D. Brown, SEVP and Chief Banking Officer, sold a total of 30,735 shares of common stock in open-market or private transactions. On September 8, 2026, he sold 30,000 shares at a weighted average price of $48.4197 per share, and on September 9, 2026, he sold 735 shares at $47.6101 per share. The company indicates these transactions were made under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 30,735 shares
Net Sell
2 txns
Insider
Brown Sam D.
Role
SEVP, Chief Banking Officer
Sold
30,735 shs ($1.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 735 | $47.6101 | $35K |
| Sale | Common Stock F1 | 30,000 | $48.4197 | $1.45M |
Holdings After Transaction:
Common Stock — 25,873.96 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.10 - $48.81. The reporting person undertakes to provide to AMAL, any security holder of AMAL, 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 in footnote (1) to this Form 4.
Key Figures
Total shares sold: 30,735 shares
Shares sold on September 8, 2026: 30,000 shares
Weighted average sale price on September 8, 2026: $48.4197 per share
+4 more
7 metrics
Total shares sold
30,735 shares
Common stock sales reported for September 8–9, 2026
Shares sold on September 8, 2026
30,000 shares
Common stock sale in open market or private transaction
Weighted average sale price on September 8, 2026
$48.4197 per share
Multiple transactions between $48.10 and $48.81
Price range on September 8, 2026
$48.10–$48.81 per share
Range of individual trade prices within the weighted average sale
Shares sold on September 9, 2026
735 shares
Common stock sale in open market or private transaction
Sale price on September 9, 2026
$47.6101 per share
Price reported as per-share transaction value
Net buy/sell direction
Net sale of 30,735 shares
Two sale transactions; no purchases reported
Key Terms
Rule 10b5-1, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 regulatory
"transactions were made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
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.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transactions did AMAL report for Sam D. Brown on this Form 4?
Amalgamated Financial Corp. reported that Sam D. Brown sold 30,735 shares of common stock in two transactions on September 8 and 9, 2026, described as sales in open market or private transactions.
Were Sam D. Brown’s AMAL stock sales made under a Rule 10b5-1 plan?
Yes. The filing indicates that the transactions were made under a Rule 10b5-1 trading plan, as shown by the checked Rule 10b5-1 affirmation box on the Form 4.
What is Sam D. Brown’s role at Amalgamated Financial Corp. (AMAL)?
Sam D. Brown is reported as an officer of Amalgamated Financial Corp., holding the title SEVP, Chief Banking Officer, in the Form 4 insider transaction report.
AI-generated analysis. How Rhea-AI works. Not financial advice.