Romney Edgar Jr 4
Research Summary
AI-generated summary
AMAL Romney Edgar Jr (Chief Strategy & Admin Officer) Withholds 1,559 Shares
What Happened
- Romney Edgar Jr, Chief Strategy & Admin Officer of Amalgamated Financial (AMAL), had 1,559 shares withheld to satisfy tax obligations related to vested restricted stock units. The withholding is reported as a disposition at $39.93 per share, totaling approximately $62,251. This is a routine tax-withholding event tied to an award, not an open-market sale signaling investment intent.
Key Details
- Transaction date: 2026-02-19; Filing date: 2026-02-23 (timely — filed within required business-day window).
- Price reported: $39.93 per share; Total value: ~$62,251.
- Shares withheld/disposed: 1,559 (reported with transaction code F — tax withholding).
- Footnote: Shares withheld relate to restricted stock unit installments awarded to the reporting person on 2025-02-19.
- Shares owned after transaction: not specified in the supplied filing excerpt.
Context
- This was a tax-withholding disposition (common when RSUs vest). The company retained/withheld shares to cover withholding taxes rather than the insider selling shares on the open market; such transactions are generally considered administrative/routine and do not necessarily indicate a change in the insider’s view of the company.