Form 4: Amalgamated Financial Corp. Director Maryann Bruce Sells Shares Under 10b5-1 Plan

Director Maryann Bruce of Amalgamated Financial Corp. sold 4,403 shares of common stock at a weighted average price of $33.7727 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Maryann Bruce, a director at Amalgamated Financial Corp., sold 4,403 shares of common stock on January 28, 2025.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 29, 2024.
• The shares were sold at a weighted average price of $33.7727.
• The transactions occurred at prices ranging from $33.54 to $34.07.
• Following the transaction, Ms. Bruce directly owns 18,319 shares of Amalgamated Financial Corp.

Sentiment

Score: 5

Explanation: The document is a routine SEC Form 4 filing for a stock sale under a pre-arranged trading plan, which is neither positive nor negative.

Industry Context

This is a routine filing for a director selling shares under a pre-arranged trading plan, which is a common practice to avoid accusations of insider trading. It does not indicate any specific trend in the financial industry.

Comparison to Industry Standards

• Rule 10b5-1 trading plans are a standard practice for corporate insiders to sell shares without being accused of trading on non-public information.
• The sale of 4,403 shares by a director is not unusual and is within the typical range of insider transactions.
• The price range of $33.54 to $34.07 is consistent with the market price of the stock at the time of the transaction.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the stock price given the pre-arranged nature of the transaction.

Key Dates

Keywords

Form 4, insider trading, stock sale, Rule 10b5-1, Amalgamated Financial Corp, AMAL, director, Maryann Bruce