Amalgamated (NASDAQ: AMAL) EVP sells 748 shares under 10b5-1 plan

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Amalgamated Financial Corp. executive Sean Searby reported an open-market sale of company stock. The EVP Chief Information & Operations Officer sold 748 shares of Amalgamated Financial Corp. common stock at $40.02 per share on April 7, 2026, in a direct transaction. Following the sale, he holds 22,307.26 common shares directly. The filing notes that this transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on April 29, 2025.

Insider Trade Summary 10b5-1

Net Seller: 748 shares ($29,935)

Net Sell 1 txn

Insider Searby Sean

Role EVP Chief Info. & Ops. Officer

Sold 748 shs ($30K)

Type	Security	Shares	Price	Value
Sale	Common Stock	748	$40.02	$30K

Holdings After Transaction: Common Stock — 22,307.26 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 748 shares Sale price per share: $40.02 per share Shares owned after sale: 22,307.26 shares +1 more

4 metrics

Shares sold 748 shares Open-market sale of common stock on April 7, 2026

Sale price per share $40.02 per share Price for the 748 common shares sold

Shares owned after sale 22,307.26 shares Direct holdings following the reported transaction

Net shares sold 748 shares Net change in buy/sell activity in this Form 4

Key Terms

Rule 10b5-1 trading plan, open-market sale, Common Stock, direct ownership

4 terms

Rule 10b5-1 trading plan financial

"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading pla,n adopted by the reporting person..."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: "open-market sale" for 748 shares of Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: "Common Stock" associated with the reported transaction"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

direct ownership financial

"ownership_type: "direct" and ownership_code: "D" indicate direct ownership"

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 09:16 AM

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^*

Searby Sean

(Last)

(First)

(Middle)

275 7TH AVENUE

(Street)

NEW YORK

10001

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP Chief Info. & Ops. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/07/2026		S		748⁽¹⁾	D	$40.02	22,307.26	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading pla,n adopted by the reporting person on 04/29/2025.

Remarks:

	/s/Sean Searby	04/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did AMAL executive Sean Searby report?

EVP Sean Searby reported selling 748 shares of Amalgamated Financial Corp. common stock. The shares were sold in an open-market transaction at $40.02 per share, and he retained direct ownership of 22,307.26 shares after the trade, according to the Form 4 filing.

At what price did AMAL insider Sean Searby sell his shares?

He sold the shares at $40.02 per share. The Form 4 specifies that 748 shares of Amalgamated Financial Corp. common stock were sold at this price in an open-market transaction, providing a clear indication of the transaction value per share.

How many AMAL shares does Sean Searby own after the reported sale?

After the reported sale, Sean Searby directly owns 22,307.26 shares of Amalgamated Financial Corp. common stock. This figure comes from the Form 4’s post-transaction holding field, which reflects his remaining direct ownership following the 748-share open-market sale.

Was the AMAL insider sale by Sean Searby under a Rule 10b5-1 plan?

Yes. A footnote explains the sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 29, 2025. Such pre-arranged plans allow insiders to schedule trades in advance under preset conditions.

What role does AMAL insider Sean Searby hold at the company?

Sean Searby serves as Executive Vice President and Chief Information & Operations Officer at Amalgamated Financial Corp. The Form 4 identifies him as an officer, confirming his senior management role while detailing his ownership and recent stock sale.

Was the AMAL insider transaction a direct or indirect holding change?

The transaction affected Searby’s direct holdings. The Form 4 lists the ownership code as “D” for direct, indicating the 748-share sale and the remaining 22,307.26 shares are held in his own name rather than through an intermediary entity.