Brown Priscilla 4

What Happened
Priscilla Brown, President & CEO of Amalgamated Financial Corp. (AMAL), received an award of 20,693 shares (performance stock units) that vested and were approved for release, and had a total of 12,733 shares withheld to cover tax/exercise obligations. The withheld shares were disposed at $41.39 per share: 3,100 shares (=$128,309) and 9,633 shares (=$398,710), for a combined withholding value of $527,019. The award is recorded at $0 per share in the filing (standard for equity awards being issued).

Key Details

• Transaction dates and prices:
  • 2026-02-15: 3,100 shares withheld (F) at $41.39 — $128,309
  • 2026-02-15: (award installment origin) RSU installment awarded Feb 15, 2023 (related withholding)
  • 2026-02-18: 20,693 shares acquired (A) at $0.00 — PSUs released
  • 2026-02-18: 9,633 shares withheld (F) at $41.39 — $398,710
• Total withheld/disposed: 12,733 shares for ~$527,019 to satisfy tax/exercise obligations.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Withholding related to vesting of an RSU installment awarded 2/15/2023.
  • F2: PSUs vested 2/15/2026 and were approved for release by the Compensation Committee on 2/18/2026.
  • F3: Withholding related to release of PSUs.
• Filing: Report filed 2026-02-18 reporting transactions that occurred on 2026-02-15 and 2026-02-18; the filing date is shown in the report.

Context
This was not an open-market sale but routine withholding of shares to cover tax liabilities (disposition code F) tied to equity vesting and release of performance stock units (acquisition code A). For retail investors, such withholdings are administrative and don’t necessarily signal a change in the insider’s view of the company; the material action was the vesting/release of PSUs approved by the Compensation Committee.