Form 4: Amalgamated Financial Corp. CEO Priscilla Brown Reports Stock Transactions
SEC Form 4 Filing
Priscilla Brown, President & CEO of Amalgamated Financial Corp., reports acquisition and disposal of common stock related to performance share units and restricted stock unit vesting.
Summary
- On February 15, 2025, Priscilla Brown, the President & CEO of Amalgamated Financial Corp., reported transactions involving the company's common stock.
- She acquired 21,564 shares related to performance share units that vested on January 1, 2025, and were approved for release on February 15, 2025.
- She disposed of 6,817 shares at $33.47 per share and 4,304 shares at $36.69 per share to cover taxes related to the release of performance stock units and the vesting of a restricted stock unit installment awarded on February 15, 2023.
- Following these transactions, Brown beneficially owns 204,967.06 shares of Amalgamated Financial Corp. common stock, which includes 276.06 shares obtained through the company's dividend reimbursement plan in Q4 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
- Employees may be interested in the executive's stock activity as an indicator of company performance.
Key Dates
| Date | Description |
|---|---|
| 02/15/2023 | Date of restricted stock unit installment award to the reporting person. |
| 01/01/2025 | Performance share units vested. |
| 02/15/2025 | Date of stock transactions and approval for release of performance share units. |
| 02/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Priscilla Brown, Amalgamated Financial Corp., AMAL, SEC Filing
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.