Form 4: Amalgamated Financial Corp. Executive Margaret Lanning Reports Stock Transactions
SEC Form 4 Filing
EVP Margaret Lanning reports acquisition and disposition of Amalgamated Financial Corp. stock related to vesting of performance share units and restricted stock units.
Summary
- Margaret Lanning, EVP and Chief Credit Risk Officer of Amalgamated Financial Corp., filed a Form 4 detailing changes in beneficial ownership.
- On February 15, 2025, Lanning acquired 1,299 shares of common stock related to vested performance share units.
- Also on February 15, 2025, 478 shares were disposed of at $33.47 per share and 324 shares were disposed of at $36.69 per share to cover taxes related to the vesting of performance stock units and restricted stock units.
- Following these transactions, Lanning beneficially owns 9,939 shares of Amalgamated Financial Corp. common stock.
- A correction was made to reconcile a one-share discrepancy from a previous Form 4 filing on July 29, 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.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of previous Form 4 filing with a one-share discrepancy. |
| 01/01/2025 | Performance share units vested. |
| 02/15/2023 | Date of restricted stock unit installment award. |
| 02/15/2025 | Date of stock acquisition and disposition transactions. |
| 02/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Amalgamated Financial Corp, Lanning, AMAL
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