Brown Priscilla 4
Research Summary
AI-generated summary
Amalgamated Financial (AMAL) CEO Priscilla Brown Withholds 5,020 Shares
What Happened
Priscilla Brown, President & CEO of Amalgamated Financial Corp. (AMAL), had 5,020 shares withheld on April 1, 2026 to satisfy tax withholding related to the vesting of a restricted stock unit installment. The shares were recorded at $39.08 each, for a total value of $196,182. This was a tax-withholding disposition (transaction code F), not an open-market sale or a purchase.
Key Details
- Transaction date and price: April 1, 2026 — 5,020 shares withheld at $39.08 per share (total $196,182).
- Transaction type: Code F — payment of exercise price or tax liability via share withholding.
- Footnote: F1 — withholding relates to an RSU installment awarded to the reporting person on April 1, 2024.
- Shares owned after transaction: Not specified in the provided filing.
- Filing timeliness: Report filed April 3, 2026 for a reportable event on April 1, 2026 (appears timely).
Context
Share withholding to cover taxes on vested RSUs is a routine administrative action and differs from an open-market sale; it does not necessarily indicate a change in the insider’s market view. For retail investors, purchases or outright sales tend to be more informative about insider sentiment than tax-withholding transactions.