Brown Priscilla 4
Research Summary
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Amalgamated Financial (AMAL) CEO Priscilla Brown Withholds 3,837 Shares
What Happened Priscilla Brown, President & CEO of Amalgamated Financial Corp. (AMAL), had 3,837 shares withheld to satisfy tax withholding related to the vesting of restricted stock units. The withholding was recorded on 2026-02-19 at a per-share value of $39.93, for a total value of $153,211. This was a tax-withholding disposition of shares (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed four days after the transaction).
- Price per share: $39.93; Shares withheld/disposed: 3,837; Total value: $153,211.
- Footnote: F1 — Shares withheld related to the vesting of a restricted stock unit installment awarded to the reporting person on February 19, 2025.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing appears late relative to the typical 2-business-day Form 4 reporting window (transactionTimeliness = L).
Context This was a routine tax-withholding event tied to RSU vesting — the company (or the insider) surrendered/withheld a portion of vested shares to cover tax liabilities rather than selling shares on the open market. Such withholdings are common and generally do not signal a CEO buying or selling for investment reasons.