4Filed Sep 7, 8:00 PM ET
Amalgamated Financial (AMAL) — Western States Regional Joint Board Sells Shares
$AMAL · Amalgamated Financial Corp.Research Summary
AI-generated summary of this SEC filing
Amalgamated Financial (AMAL) — Western States Regional Joint Board Sells Shares
What Happened
- Western States Regional Joint Board, Workers United (reported as a 10% owner/institutional reporting person) sold a total of 155,351 shares of Amalgamated Financial Corp. (AMAL) in open-market dispositions between Sept 3 and Sept 8, 2026.
- Individual reported disposals: 44,658 shares @ $49.43 ($2,207,472); 45,801 shares @ $49.23 ($2,254,628); 29,892 shares @ $48.52 ($1,450,426); 22,982 shares @ $49.14 ($1,129,317); and 13,018 shares @ $48.65 ($633,263). Total proceeds ≈ $7,675,106.
- These were sales (not purchases); sales are typically routine portfolio/institutional liquidity events and do not by themselves signal insider bullishness.
Key Details
- Transaction dates and reported weighted-average prices: Sept 3–8, 2026. Weighted-average prices reported; footnotes give per-trade price ranges (e.g., $48.25–48.73, $48.60–48.70, $49.00–49.94 depending on the block).
- Shares owned after transaction: not specified in the summary data provided in this brief. (The Form 4 may include holdings—check the full filing for current ownership totals.)
- Notable footnotes: F11 indicates these securities are directly owned by Western States; several other footnotes (F18–F22) explain that prices are weighted averages and provide the ranges of execution prices. The filing is one of two identical reports filed to accommodate multiple reporting persons (see F15–F17 disclaimers).
- Filing timeliness: Report filed on Sept 8, 2026 covering transactions dated Sept 3–8, 2026; no late-filing flag is indicated in the provided summary.
Context
- This filing reflects activity by a 10% institutional owner (Workers United regional board), not an individual executive. Institutional sales are commonly portfolio rebalancing or liquidity actions and should be interpreted differently than insider (executive/director) trades.
- Because these were outright sales, there was no exercise or award activity to explain (no options exercised or shares granted in this filing).
- For full trade-by-trade details (exact times/prices per share) see the Form 4 footnotes—reporting persons offer to provide the breakdown of how many shares were sold at each price within the disclosed ranges upon request.