VELUSWAMY LESLIE 4

What Happened

• Leslie Veluswamy, EVP & Chief Accounting Officer of Amalgamated Financial (AMAL), had 2,037 performance stock units approved for release on Feb 18, 2026 (award/acquisition). To satisfy tax withholding obligations, a total of 981 shares were withheld/disposed: 328 shares on Feb 15, 2026 at $41.39 each ($13,576) and 653 shares on Feb 18, 2026 at $41.39 each ($27,028). The Form 4 reports the award acquisition at $0.00 (standard for vested awards).

Key Details

• Transaction dates and prices:
  • Feb 15, 2026 — 328 shares withheld (code F) at $41.39/share = $13,576
  • Feb 18, 2026 — 2,037 shares granted/approved for release (code A) at $0.00
  • Feb 18, 2026 — 653 shares withheld (code F) at $41.39/share = $27,028
• Total withheld/disposed: 981 shares for $40,604.
• Shares owned after the transactions: not provided in the supplied filing data.
• Relevant footnotes from the filing:
  • F1: 328 shares withheld related to vesting of a restricted stock unit installment awarded Feb 15, 2023.
  • F2: 2,037 performance stock units vested on Feb 15, 2026 and were approved for release Feb 18, 2026.
  • F3: 653 shares withheld related to the release of performance stock units.
• Transaction codes: A = award/grant (acquisition), F = payment of exercise price or tax liability (share withholding).
• Filing timing: Form filed Feb 18, 2026 (three calendar days after the Feb 15 transactions); the filing does not indicate any late-report designation.

Context

• These transactions reflect vested equity being released and routine share withholding to cover tax obligations (not an open-market sale initiated by the insider). Withholding dispositions are common and typically administrative rather than a direct signal of insider sentiment.
• The award line shows an acquisition price of $0.00 because vested awards are reported as granted/released; the economic value to the insider equals the market value of the released shares at vesting, but the Form 4 reports the award at $0.00 acquisition price.