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4Filed Sep 14, 8:00 PM ET

Amalgamated Financial (AMAL) 10% Owner Sells 462,412 Shares

$AMAL · Amalgamated Financial Corp.
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Research Summary

AI-generated summary of this SEC filing

Updated

Amalgamated Financial (AMAL) 10% Owner Sells 462,412 Shares

What Happened

  • Western States Regional Joint Board, Workers United (a reporting 10% owner of Amalgamated Financial, ticker AMAL) sold a total of 462,412 shares in open-market transactions on Sept. 11 and Sept. 14, 2026. The individual trades reported: 80,000 and 154,128 shares on 2026-09-11 and 82,412, 50,000 and 95,872 shares on 2026-09-14. Proceeds across these sales totaled approximately $22.13 million. These were sales (not purchases), so they represent dispositions by an institutional owner rather than insider buying.

Key Details

  • Transaction dates and reported amounts:
    • 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: 82,412 shares @ $47.69 = $3,930,006
    • 2026-09-14: 50,000 shares @ $47.98 = $2,398,920
    • 2026-09-14: 95,872 shares @ $47.89 = $4,591,703
  • Total sold: 462,412 shares for ~$22,130,925.
  • Shares owned after transaction: not specified in the summary data provided — see the full SEC filing for post-sale holdings.
  • Footnotes: F11 confirms Western States directly owns the reported shares. Other footnotes (F18–F22) note that reported prices are weighted averages across multiple executions with price ranges roughly between $47.60 and $48.31; the filing offers to provide detailed breakdowns on request.
  • Timeliness: Filing date is 2026-09-15; because some trades occurred on 2026-09-11, those specific trades appear to have been reported several days after execution (check the full filing for any late-filing disclosure).

Context

  • This filing involves a large institutional holder (a 10% owner) selling stock — not an executive or officer purchase — so it’s more indicative of portfolio/institutional rebalancing than a manager-level signal. The report is one of two identical filings (to accommodate SEC e-filing limits for multiple reporting persons) and includes disclaimers that individual Reporting Persons disclaim beneficial ownership of group-held shares beyond their direct pecuniary interest.