Bruce Maryann 4
Research Summary
AI-generated summary
Amalgamated Financial (AMAL) Director Bruce Maryann Receives RSU Award
What Happened
- Bruce Maryann, 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 at a grant value of $65,001, based on $40.05 per share. This is an award (compensation) grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-22 (timely filing).
- Grant: 1,623 RSUs at a notional price of $40.05 each; total reported value $65,001.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: The RSUs vest in one installment on the first anniversary of the grant date; each RSU represents the contingent right to one share of AMAL stock upon vesting.
- Transaction type: Award/Grant (code A); this is compensation income if/when vesting conditions are met.
Context
- RSU grants are a common form of executive/director compensation and do not represent immediate stock ownership until vesting; they do not indicate an open-market purchase or sale. No sale or exercise was reported in this filing.