Form 4: Amalgamated Financial Corp. Executive Mandy Tenner Reports Stock Disposal
SEC Form 4 Filing
Mandy Tenner, EVP and Chief Legal Officer of Amalgamated Financial Corp., reports the disposal of 1,688 shares of common stock to cover tax obligations.
Summary
- On August 24, 2024, Mandy Tenner, the EVP and Chief Legal Officer of Amalgamated Financial Corp., disposed of 1,688 shares of common stock.
- The transaction was executed at a price of $32.48 per share.
- This disposal was likely to cover tax obligations related to vesting of restricted stock units or similar equity awards.
- Following the transaction, Tenner directly owns 18,592 shares of Amalgamated Financial Corp.
- Tenner also acquired 74 shares of common stock through the Employee Stock Purchase Program in Q2 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals are common to cover tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 08/24/2024 | Date of stock disposal transaction |
| 08/27/2024 | Date of Form 4 filing |
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