Amalgamated Financial Corp.·4

Jan 22, 6:40 PM ET

VELUSWAMY LESLIE 4

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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.