Tenner Mandy 4
4 · Amalgamated Financial Corp. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Amalgamated Financial (AMAL) EVP Mandy Tenner Sells 2,029 Shares
What Happened Mandy Tenner, EVP and Chief Legal Officer of Amalgamated Financial Corp. (AMAL), sold 2,029 shares on February 27, 2026. The weighted-average sale price was $38.50, producing gross proceeds of approximately $78,113. This transaction was a sale (not a purchase) and therefore is generally considered routine insider selling rather than a direct bullish signal.
Key Details
- Transaction date: 2026-02-27
- Transaction type: Open-market sale (Code S) executed under a Rule 10b5-1 trading plan
- Shares sold: 2,029
- Price: weighted-average $38.50; reported per-share prices ranged from $38.06 to $39.03 (footnote)
- Gross proceeds: ~$78,113
- Shares owned after transaction: Not disclosed in the provided filing summary (see the Form 4 for holdings)
- Footnotes: F1 — sale executed pursuant to a 10b5-1 plan adopted 8/14/2025; F2 — weighted average price and offer to provide per-price details on request
- Filing timeliness: Reported/Filed on 2026-02-27 (period of report 2026-02-27) — appears timely.
Context The sale was made under a pre-established Rule 10b5-1 plan (adopted Aug 14, 2025), which allows insiders to execute trades according to a preset schedule or formula and helps limit the appearance that trades are based on material nonpublic information. For retail investors, purchases typically carry more informational weight than routine sales; this report documents a planned insider sale rather than new insider buying.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-27$38.50/sh−2,029$78,113→ 19,083.54 total
Footnotes (2)
- [F1]The sale reported in this Form 4 was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/14/2025.
- [F2]The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.06 to $39.03, inclusive. The reporting person undertakes to provide to Amalgamated Financial Corp., any security holder of Amalgamated Financial Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.