Amalgamated Financial Corp.·4

Feb 18, 8:11 PM ET

Tenner Mandy 4

4 · Amalgamated Financial Corp. · Filed Feb 18, 2026

Research Summary

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Amalgamated Financial (AMAL) EVP Mandy Tenner Receives Award; Shares Withheld

What Happened
Mandy Tenner, EVP and Chief Legal Officer of Amalgamated Financial (AMAL), received 2,102 shares on February 18, 2026 as the approved release of performance stock units (PSUs) that vested February 15, 2026. Those award shares were granted at $0 (an equity award); using the reported per-share figure of $41.39, the vested award is roughly $87,000 in market value. To satisfy tax withholding obligations, 1,004 shares were withheld in two transactions: 338 shares on Feb 15, 2026 (338 @ $41.39 = $13,990) and 666 shares on Feb 18, 2026 (666 @ $41.39 = $27,566), totaling about $41,556. These withholding transactions are internal tax withholding (code F), not open-market sales.

Key Details

  • Transaction types: A = Award/acquisition of 2,102 shares (PSUs released); F = shares withheld for tax/payment (338 and 666 shares).
  • Dates and prices:
    • 2026-02-15: 338 shares withheld at $41.39 ($13,990) — related to RSU vesting (see F1).
    • 2026-02-18: 2,102 shares acquired (award) at $0.00 (PSUs released; see F2).
    • 2026-02-18: 666 shares withheld at $41.39 ($27,566) — withholding on PSU release (see F3).
  • Shares owned after the transaction: Not specified in this filing.
  • Footnotes: F1 = shares withheld for a Feb 15, 2023 RSU installment; F2 = PSUs vested 2/15/2026 and approved for release 2/18/2026; F3 = shares withheld related to the PSU release.
  • Filing: Form 4 filed 2026-02-18 reporting transactions dated 2026-02-15–02-18. No late-filing flag is indicated on the form.

Context
This was an equity award vesting event (PSUs/RSUs) with a net-share settlement for taxes — common for employee equity compensation. The withheld shares represent tax/payment withholding, not a routine open-market sell that would more directly signal insider sentiment. No purchase or open-market sale is reported here.

Insider Transaction Report

Form 4
Period: 2026-02-15
Tenner Mandy
EVP, Chief Legal Officer
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-02-15$41.39/sh338$13,99021,906.54 total
  • Award

    Common Stock

    [F2]
    2026-02-18+2,10224,008.54 total
  • Tax Payment

    Common Stock

    [F3]
    2026-02-18$41.39/sh666$27,56623,342.54 total
Footnotes (3)
  • [F1]Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on February 15, 2023.
  • [F2]Represents performance stock units that vested on February 15, 2026, and were approved for release by the Company's Compensation Committee on February 18, 2026.
  • [F3]Represents the shares withheld related to the release of performance stock units.
Signature
/s/ Mandy Tenner|2026-02-18

Documents

1 file
  • 4
    wk-form4_1771463512.xmlPrimary

    FORM 4