Form 4: Amalgamated Financial Corp. CEO Priscilla Brown Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Priscilla Brown, CEO of Amalgamated Financial Corp., disposed of 5,020 shares of common stock on April 1, 2025, to cover tax obligations related to a restricted stock unit vesting.

Summary

  • On April 3, 2025, Priscilla Brown, the President & CEO of Amalgamated Financial Corp., filed a Form 4 with the SEC.
  • The form reports a transaction that occurred on April 1, 2025, where 5,020 shares of common stock were disposed of.
  • The disposal was to cover tax obligations related to the vesting of a restricted stock unit installment awarded on April 1, 2024.
  • The price per share for the disposal was $28.7.
  • Following the transaction, Brown beneficially owns 259,884.8 shares of Amalgamated Financial Corp. common stock directly.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of a stock transaction related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of executives covering tax obligations related to stock awards.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates

DateDescription
04/01/2024Date of restricted stock unit award to Priscilla Brown.
04/01/2025Date of stock disposal to cover tax obligations.
04/03/2025Date of Form 4 filing.

Keywords

Form 4, SEC Filing, Insider Trading, Stock Disposal, Amalgamated Financial Corp, Priscilla Brown, Executive Compensation, Restricted Stock Unit, Tax Obligations

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