Amalgamated Financial Corp.·4

May 22, 4:46 PM ET

Kelly Julie 4

Research Summary

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Amalgamated Financial (AMAL) Director Julie Kelly Receives RSU Award

What Happened

  • Julie Kelly, a director of Amalgamated Financial Corp. (AMAL), received a grant of 1,623 restricted stock units (RSUs) on May 20, 2026. The grant is reported as an acquisition (code A) at a grant value of $40.05 per RSU, totaling $65,001.
  • This was an award/grant (not an open-market purchase or sale). The RSUs are a contingent right to receive shares upon vesting, so no shares were issued to Kelly immediately.

Key Details

  • Transaction date: 2026-05-20; Filing date: 2026-05-22 (appears timely within the 2-business-day Form 4 window).
  • Grant price/value: $40.05 per RSU; total grant value reported $65,001.
  • Number of RSUs granted: 1,623.
  • Shares owned after transaction: Not disclosed in the Form 4.
  • Footnote: The RSUs vest in one installment on the first anniversary of the grant date; each RSU converts to one share upon vesting (Footnote F1).
  • Transaction code: A = Award/Grant.

Context

  • RSU grants are common compensation for executives and directors and represent future equity if vesting conditions are met; they are not immediate open-market purchases or sales and do not necessarily signal a buy/sell decision.
  • Because the RSUs vest one year from the grant, any resulting shares (and any subsequent sale) would be reported in future filings when they occur.