4Filed Sep 7, 8:00 PM ET

Amalgamated Financial (AMAL) 10% Owner Workers United Sells Shares

$AMAL · Amalgamated Financial Corp.

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Amalgamated Financial (AMAL) 10% Owner Workers United Sells Shares

What Happened
Workers United (a group reporting as a 10% owner of Amalgamated Financial Corp., AMAL) sold a total of 156,351 shares in several open‑market/private sales between Sept 3 and Sept 8, 2026. Individual reported disposals: 44,658 @ $49.43 ($2,207,472); 45,801 @ $49.23 ($2,254,628); 29,892 @ $48.52 ($1,450,426); 22,982 @ $49.14 ($1,129,317); and 13,018 @ $48.65 ($633,263). Aggregate proceeds across these transactions were approximately $7.68 million. These transactions are sales (code S), not purchases.

Key Details

  • Transaction dates: Sept 3, 2026; Sept 4, 2026; Sept 8, 2026.
  • Prices: weighted averages reported for each block (individual transactions list above). Footnotes state the shares were sold in multiple trades at price ranges roughly $48.25–$49.94 depending on the block; the filing offers to provide the breakdown on request.
  • Shares sold: 156,351 total. Approximate total proceeds: $7,675,106.
  • Shares owned after transaction: Not specified in the information provided here (check the full Form 4 for post‑transaction holdings).
  • Notable footnotes: multiple footnotes identify sub‑boards and funds (e.g., Rochester Workers United, Philadelphia Joint Board, Western States, etc.), confirm the filing represents a group of reporting persons and disclaim beneficial ownership except to the extent of pecuniary interest. The filing includes weighted‑average price footnotes and states it is one of two identical reports filed to accommodate more than 10 joint filers.
  • Timeliness: Filing date 2026‑09‑08 for trades on 9/3–9/8 appears to meet the Form 4 reporting timeframe (no late filing flag indicated).

Context

  • This is institutional/group selling by a 10% owner (Workers United and affiliated reporting persons), not an individual corporate officer or director trade. Institutional sales often reflect portfolio or liquidity decisions rather than a personal view on company prospects.
  • The filing disclaims beneficial ownership for many reporting persons and notes the reporting persons may be treated as a group for Section 16 purposes; read the full Form 4 and footnotes for details on which entity directly owned the sold shares.