Mark Finser 4
4 · Amalgamated Financial Corp. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Amalgamated Financial (AMAL) Director Mark Finser Receives RSU Award
What Happened
Mark Finser, a director of Amalgamated Financial Corp. (AMAL), was granted 1,623 restricted stock units (RSUs) on May 20, 2026. The grant was recorded at a grant-date fair value of $40.05 per unit, totaling approximately $65,001. This is an award/compensation grant (transaction code A), not an open-market purchase or sale of shares.
Key Details
- Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-22) — filing appears timely.
- Grant details: 1,623 RSUs @ $40.05 per unit; aggregate grant value ≈ $65,001.
- Vesting: RSUs vest in one installment on the first anniversary of the grant (per footnote). Each RSU is a contingent right to one share upon vesting.
- Shares owned after transaction: Not disclosed on the Form 4 (or not reported in the filing excerpt).
- Transaction code: A = Award/Grant (not a purchase/sale).
- No 10b5-1 plan, tax withholding, or cashless exercise noted in the filing excerpt.
Context
RSUs are a form of compensation and do not result in immediate share ownership until they vest; they are commonly used to retain directors and executives. Because this is an award rather than an open-market buy, it should be viewed as compensation-related rather than a direct signal of the insider buying or selling stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-20$40.05/sh+1,623$65,001→ 20,233 total
Footnotes (1)
- [F1]Represents restricted stock units awarded to the reporting person on May 20, 2026. The restricted stock units vest in one installment on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of AMAL stock.