4Filed Sep 14, 8:00 PM ET
Amalgamated Financial (AMAL) 10% Owner Workers United Sells 462,412 Shares
$AMAL · Amalgamated Financial Corp.Research Summary
AI-generated summary of this SEC filing
Amalgamated Financial (AMAL) 10% Owner Workers United Sells 462,412 Shares
What Happened
Workers United (a reported 10% owner composed of multiple regional joint boards and funds) reported multiple open‑market sales of Amalgamated Financial Corp. (AMAL) stock. The filings show five disposals totaling 462,412 shares for aggregate proceeds of approximately $22,130,925. Individual transactions reported:
- 2026-09-14: 82,412 shares @ $47.69 — $3,930,006
- 2026-09-14: 50,000 shares @ $47.98 — $2,398,920
- 2026-09-11: 80,000 shares @ $47.88 — $3,830,216
- 2026-09-11: 154,128 shares @ $47.88 — $7,380,080
- 2026-09-14: 95,872 shares @ $47.89 — $4,591,703
All transactions are reported as sales (code S). Sales are generally routine dispositions and are not the same signal as an executive purchase.
Key Details
- Transaction dates: Sept 11 and Sept 14, 2026; filing date: Sept 15, 2026 (filed within the Section 16 reporting window).
- Aggregate shares sold: 462,412; aggregate proceeds: ≈ $22.13 million.
- Price reporting: Footnotes indicate weighted‑average prices and multiple execution prices across small ranges (roughly $47.60–$48.31 across the trades).
- Reporting persons: The filer represents a group of Workers United entities (regional joint boards and funds). Footnotes (F1–F15, F16–F17) clarify which sub‑entities directly own the reported securities and disclaim collective beneficial ownership beyond each entity’s direct holdings.
- Shares owned after the transactions: Not specified in the information provided here.
- Duplicate filing note: This is the first of two identical reports filed to accommodate the SEC electronic filing system limit on joint filers.
Context
- This report comes from a 10% institutional owner (Workers United and affiliated regional boards/funds), not an individual officer or director. Institutional sales can reflect portfolio rebalancing or liquidity needs and don’t necessarily imply an opinion on the company’s prospects.
- No derivative transactions, option exercises, gifts, or tax‑withholding events are indicated — these were outright sales.
- Footnotes offer to provide transaction‑by‑transaction pricing details on request (since some rows report weighted averages over multiple executions).