Form 4: Amalgamated Financial Corp. Executive Reports Stock Transaction
SEC Form 4 Filing
Sam D. Brown, SEVP and Chief Banking Officer of Amalgamated Financial Corp., reports a transaction involving common stock due to the vesting of a restricted stock unit installment.
Summary
- On March 1, 2025, Sam D. Brown, SEVP, Chief Banking Officer of Amalgamated Financial Corp., had 687 shares of common stock withheld at a price of $32.45.
- This was due to the vesting of a restricted stock unit installment awarded on March 1, 2024.
- Following the transaction, Brown beneficially owns 42,523.33 shares of common stock.
- This total includes 35 shares acquired through the company's dividend reimbursement plan in Q1 of 2025.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's compensation and stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of restricted stock unit installment award to the reporting person |
| 03/01/2025 | Date of transaction (shares withheld for vesting of restricted stock unit) |
| 03/04/2025 | Date of Form 4 filing |
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