Darby Jason 4
Research Summary
AI-generated summary
Amalgamated Financial (AMAL) CFO Jason Darby Receives Award
What Happened
- Jason Darby, Senior Executive VP and Chief Financial Officer of Amalgamated Financial Corp. (AMAL), received 4,724 shares on January 20, 2026 as the release of performance stock units. The Form 4 reports an acquisition of 4,724 shares at $0.00 (award). To cover tax withholding, 1,742 shares were disposed at $32.03 each for a value of $55,796, resulting in a net increase of 2,982 shares to Darby’s holdings from this event.
Key Details
- Transaction dates: January 20, 2026 (award release and tax withholding).
- Award (code A): 4,724 shares acquired at $0.00.
- Tax withholding (code F): 1,742 shares withheld/disposed at $32.03 each — proceeds reported as $55,796.
- Footnotes: F1 — PSUs vested Jan 1, 2026 and were approved for release Jan 20, 2026; F2 — withheld shares relate to that release; F3 — 34.62 RSUs from a dividend reinvestment program were assigned to deferred RSUs and included in the reported totals.
- Filing: Form 4 filed Jan 22, 2026 (two days after the Jan 20 transaction), which is within the typical two-business-day reporting window.
- Shares owned after transaction: Not explicitly reported on the supplied data; net change from this report is +2,982 shares.
Context
- This was a routine vesting/release of performance stock units, not an open-market purchase or sale by the insider. The withheld shares were used to satisfy tax obligations (common practice), so the “disposal” is for tax withholding rather than a market sale. The primary signal is acquisition via award (a non-cash compensation event).