Amalgamated Financial (AMAL) SEVP Sam D. Brown Receives Award

What Happened

• Sam D. Brown, Senior Executive Vice President & Chief Banking Officer of Amalgamated Financial (AMAL), received 3,980 shares on Feb 18, 2026 representing vested performance stock units. Related to vesting and tax-withholding, a total of 1,863 shares were withheld and disposed: 575 shares on Feb 15, 2026 (575 @ $41.39 = $23,799) and 1,288 shares on Feb 18, 2026 (1,288 @ $41.39 = $53,310). Net from the PSU release he received 2,692 shares (3,980 − 1,288).

Key Details

• Transaction dates and prices:
  • 2026-02-15: 575 shares withheld for tax (reported as disposition) at $41.39 — $23,799 (footnote F1).
  • 2026-02-18: 3,980 shares acquired as award (PSUs) at $0.00 (approved for release by the Compensation Committee) (footnote F2).
  • 2026-02-18: 1,288 shares withheld for tax (reported as disposition) at $41.39 — $53,310 (footnote F3).
• Shares owned after the transactions: Not specified in the provided filing.
• Footnotes:
  • F1: 575 shares withheld related to vesting of a restricted stock unit installment awarded Feb 15, 2023.
  • F2: Performance stock units vested on Feb 15, 2026 and were approved for release Feb 18, 2026.
  • F3: 1,288 shares withheld related to the release of those performance stock units.
• Filing timeliness: Form filed Feb 18, 2026 reporting transactions dated Feb 15 and Feb 18, 2026 — filing appears timely.

Context

• These were equity award transactions (RSU/PSU vesting) with shares withheld to cover tax obligations — not open-market sales or purchases. Withholding to satisfy tax liability (transaction code F) is routine and does not necessarily indicate a change in insider sentiment.