4//SEC Filing
VELUSWAMY LESLIE 4
Accession 0001765673-26-000002
CIK 0001823608other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 6:40 PM ET
Size
6.2 KB
Accession
0001765673-26-000002
Research Summary
AI-generated summary of this filing
Amalgamated Financial (AMAL) EVP Leslie Veluswamy Receives Award, Sells Shares
What Happened
- Leslie Veluswamy, EVP & Chief Accounting Officer of Amalgamated Financial Corp. (AMAL), received 2,049 performance stock units that were released to her on January 20, 2026 (recorded as an acquisition at $0.00). As part of the release, 733 shares were withheld to cover tax obligations; those withheld shares are reported as a disposition at $32.03 each, totaling $23,478.
Key Details
- Transaction date(s): 2026-01-20 (report filed 2026-01-22; Period of Report: 2026-01-20)
- Awarded: 2,049 shares recorded at $0.00 (award/release of performance stock units)
- Withheld/disposed: 733 shares at $32.03 = $23,478 (tax withholding)
- Shares owned after the transaction: Not specified in this Form 4 filing
- Footnotes:
- F1: The reported units were performance stock units that vested on Jan 1, 2026 and were approved for release by the Compensation Committee on Jan 20, 2026.
- F2: The 733 shares reflect shares withheld related to the release to satisfy tax withholding.
- Filing timeliness: Form 4 was filed on 2026-01-22 reporting a 2026-01-20 transaction; no late-filing flag indicated in the filing.
Context
- This was not an open-market sale but a routine withholding of vested performance shares to cover taxes (common for equity awards). The primary event is receipt/release of performance-based equity, not a purchase or an intentional market-sale by the insider.
Insider Transaction Report
Form 4
VELUSWAMY LESLIE
EVP & Chief Accounting Officer
Transactions
- Award
Common Stock
[F1]2026-01-20+2,049→ 13,943 total - Tax Payment
Common Stock
[F2]2026-01-20$32.03/sh−733$23,478→ 13,210 total
Footnotes (2)
- [F1]Represents performance stock units that vested on January 1, 2026, and were approved for release by the Company's Compensation Committee on January 20, 2026.
- [F2]Represents the shares withheld related to the release of performance stock units.
Signature
/s/Leslie Veluswamy|2026-01-22
Documents
Issuer
Amalgamated Financial Corp.
CIK 0001823608
Entity typeother
Related Parties
1- filerCIK 0001765673
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 6:40 PM ET
- Size
- 6.2 KB