Darby Jason 4

What Happened

• Darby Jason, Senior Executive VP and Chief Financial Officer of Amalgamated Financial (AMAL), received 4,695 shares on Feb 18, 2026 from the vesting/release of performance stock units (PSUs) (acquired at $0.00 as an award). To satisfy tax withholding obligations, a total of 2,151 shares were withheld (665 shares on Feb 15 and 1,486 shares on Feb 18) at $41.39 per share, resulting in reported dispositions valued at $27,524 and $61,506 respectively. Net increase in shares held from this event = 4,695 − 2,151 = 2,544 shares.
• These withholding transactions are coded “F” (payment of exercise price or tax liability) — routine tax-withholding of award shares, not open-market sales.

Key Details

• Transaction dates and amounts:
  • Feb 15, 2026: 665 shares withheld for taxes at $41.39 — disposed for $27,524 (related to RSU vesting awarded Feb 15, 2023) (F1).
  • Feb 18, 2026: 4,695 shares acquired as PSU release (price $0.00) (F2).
  • Feb 18, 2026: 1,486 shares withheld for taxes at $41.39 — disposed for $61,506 (withholding on PSU release) (F3).
• Total value withheld for taxes ≈ $89,030; acquisition value listed as $0.00 because shares were awarded/vested.
• Shares owned after the transactions: Not disclosed in the provided summary/Form 4 data.
• Filing: Form 4 was filed Feb 18, 2026 reporting the Feb 15/18 events; this appears to be a routine, timely filing.
• Codes explained: A = award/acquisition; F = tax withholding/payment of exercise price or tax liability (not an open-market sale).

Context

• These transactions reflect vested equity awards (PSUs and an RSU installment) and share-withholding to cover taxes — common executive compensation mechanics. The award acquisition is not a cash purchase (no out-of-pocket buy), and the withheld shares were used to satisfy tax obligations rather than indicating an intent to sell shares on the open market.
• For retail investors: award receipts increase insider holdings but are compensation-driven; routine tax withholdings (F) should not be interpreted as discretionary selling.