Searby Sean 4
Accession 0001849127-26-000002
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 7:42 PM ET
Size
6.6 KB
Accession
0001849127-26-000002
Research Summary
AI-generated summary of this filing
Amalgamated Financial (AMAL) EVP Sean Searby Receives Award
What Happened
Sean Searby, EVP & Chief Information & Operations Officer of Amalgamated Financial (AMAL), received 2,190 shares as the release of performance stock units (award). To satisfy tax withholding related to the release, 808 shares were withheld/disposed at $32.03 per share for a total of $25,880. Net new shares delivered to Searby from this release were 1,382 (2,190 granted minus 808 withheld).
Key Details
- Transaction dates: performance units vested Jan 1, 2026; release approved and transaction reported for Jan 20, 2026; Form 4 filed Jan 22, 2026.
- Grant (Code A): 2,190 shares @ $0.00 (acquired).
- Tax withholding (Code F): 808 shares disposed @ $32.03 = $25,880.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes:
- F1: PSUs vested on Jan 1, 2026 and were approved for release Jan 20, 2026.
- F2: 808 shares were withheld related to the release to cover tax liability.
- F3: totals include a 0.01 share from dividend reinvestment and 9.88 RSUs assigned to deferred RSUs.
- Filing timeliness: Form filed Jan 22 for a Jan 20 transaction; no late filing flag indicated in the report.
Context
This was a compensation-related release of performance stock units, not an open-market buy or an intentional sale for investment purposes. The withholding of shares is a common cashless method employers use to satisfy tax obligations on vested awards and does not necessarily indicate the insider's market view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-20+2,190→ 25,528.47 total - Tax Payment
Common Stock
[F2][F3]2026-01-20$32.03/sh−808$25,880→ 24,720.47 total
Footnotes (3)
- [F1]Represents performance stock units that vested on January 1, 2026, and were approved for release by the Company's Compensation Committee on January 20, 2026.
- [F2]Represents the shares withheld related to the release of performance stock units.
- [F3]The total reported in Column 5 includes 0.01 share of Common Stock, acquired by the reporting owner through a dividend reinvestment program, assigned to Common Stock, and 9.88 outstanding Restricted Stock Units, acquired by the reporting person under a dividend reinvestment program, assigned to deferred Restricted Stock Units.
Signature
Documents
Issuer
Amalgamated Financial Corp.
CIK 0001823608
Related Parties
1- filerCIK 0001849127
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 7:42 PM ET
- Size
- 6.6 KB