Form 4: Amalgamated Financial Corp. CEO Priscilla Brown Reports Stock Transactions

Sentiment:

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

DateDescription
02/15/2023Date of restricted stock unit installment award to the reporting person.
01/01/2025Performance share units vested.
02/15/2025Date of stock transactions and approval for release of performance share units.
02/19/2025Date of Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Priscilla Brown, Amalgamated Financial Corp., AMAL, SEC Filing

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