Amalgamated Financial Corp.·4

Apr 3, 4:59 PM ET

Brown Sam D. 4

Research Summary

AI-generated summary

Updated

Amalgamated (AMAL) SEVP Sam D. Brown Withholds 839 Shares for Taxes

What Happened
Sam D. Brown, Senior Executive Vice President and Chief Banking Officer of Amalgamated Financial Corp. (AMAL), had 839 shares withheld on April 1, 2026 to satisfy tax withholding related to a restricted stock unit (RSU) vesting. The 839 shares were valued at $39.08 each, for a total of $32,788, and were reported on a Form 4 filed April 3, 2026. This was a tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely filing).
  • Disposition: 839 shares withheld at $39.08 per share; total value ~$32,788.
  • Transaction code: F (payment of exercise price or tax liability — shares withheld).
  • Footnote: The shares withheld relate to an RSU installment that vested and was originally awarded on April 1, 2024 (per footnote F1).
  • Shares owned after transaction: not specified in the provided excerpt of the filing.

Context
Tax-withholding dispositions are routine administrative actions when equity awards vest; they do not reflect an active decision to sell shares on the market. This filing documents that a portion of Brown’s RSU award was used to cover tax obligations.