Searby Sean 4

What Happened

• Sean Searby, EVP & Chief Information & Operations Officer of Amalgamated Financial (AMAL), had performance stock units vest and was issued 2,178 shares on Feb 18, 2026 (acquisition recorded at $0 as an award). To cover tax withholding, a total of 1,023 shares were surrendered: 350 shares on Feb 15, 2026 (disposed for $41.39/share, $14,487) and 673 shares on Feb 18, 2026 (disposed for $41.39/share, $27,855). Total value withheld for taxes: $42,342.
• This is not an open-market sale or purchase by intent — it reflects award vesting and routine tax-withholding rather than a directional trade by the insider.

Key Details

• Transaction dates and amounts:
  • 2026-02-15: 350 shares withheld (F) at $41.39 — $14,487 (disposition for tax withholding related to an RSU installment).
  • 2026-02-18: 2,178 shares granted/awarded (A) at $0 — $0 (performance stock units released).
  • 2026-02-18: 673 shares withheld (F) at $41.39 — $27,855 (tax withholding on the PSU release).
• Total shares withheld: 1,023; total cash value withheld: $42,342.
• Shares owned after the transactions: not disclosed in the provided filing details.
• Relevant footnotes:
  • F1: 350 shares withheld were tied to a restricted stock unit installment awarded Feb 15, 2023.
  • F2: 2,178 shares are performance stock units that vested on Feb 15, 2026 and were approved for release Feb 18, 2026.
  • F3: 673 shares withheld relate to release of the performance stock units.
• Filing: Form 4 filed Feb 18, 2026 (reporting period Feb 15, 2026). No late filing flag indicated in the provided data.

Context

• These entries reflect equity award vesting (PSUs/RSUs) and routine tax-withholding (transaction code F). Such withholdings are common and do not necessarily indicate the insider is selling shares for investment reasons.
• The award (2,178 shares at $0) is a compensation event rather than a market purchase; therefore it should be interpreted as pay/compensation, not a bullish purchase signal.