Form 4: AMAL EVP Sells Shares for Tax Withholding
Insider Transaction Report
Amalgamated Financial Corp.'s EVP, Chief Credit Risk Officer, Margaret Matilda Lanning, disposed of 231 shares of common stock for tax withholding purposes.
Summary
- Margaret Matilda Lanning, Executive Vice President and Chief Credit Risk Officer of Amalgamated Financial Corp., reported a transaction involving company common stock.
- On February 19, 2026, 231 shares of Amalgamated Financial Corp. Common Stock were disposed of.
- The shares were withheld at a price of $39.93 per share to satisfy tax obligations related to the vesting of a restricted stock unit installment.
- The restricted stock unit installment was originally awarded to Ms. Lanning on February 19, 2025.
- Following this transaction, Ms. Lanning beneficially owns 15,510.13 shares of Amalgamated Financial Corp. Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax planning, with no direct positive or negative implications for the company's operational performance or strategic direction.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholding upon restricted stock unit (RSU) vesting, are common occurrences in publicly traded companies. These transactions typically do not reflect a change in management's outlook on the company's fundamentals or strategic direction.
Comparison to Industry Standards
- This type of transaction is standard practice for executive compensation plans involving restricted stock units across various industries, including financial services.
- Companies like JPMorgan Chase (JPM) or Bank of America (BAC) frequently report similar Form 4 filings for their executives when RSUs vest and shares are withheld for tax purposes, indicating this is a routine compensation-related event.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date restricted stock unit installment was awarded to the reporting person. |
| 02/19/2026 | Date of transaction (shares withheld for tax related to RSU vesting). |
| 02/23/2026 | Date the Form 4 was signed and filed. |
Keywords
Amalgamated Financial Corp, AMAL, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation, Margaret Matilda Lanning
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