Form 4: Amalgamated Financial Corp. Executive Sam D. Brown Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Sam D. Brown, SEVP and Chief Banking Officer of Amalgamated Financial Corp., reports a transaction involving common stock on August 24, 2024.
Summary
- On August 24, 2024, Sam D. Brown, SEVP and Chief Banking Officer of Amalgamated Financial Corp., reported a transaction involving common stock.
- The transaction involved the disposition of 2,371 shares at a price of $32.48.
- Following the reported transaction, Brown beneficially owns 44,172 shares of common stock directly.
- The report also notes that Brown acquired 573 shares of common stock in Q2 2024 through the Employee Stock Purchase Program.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows the public to see if key executives are buying or selling company stock.
Stakeholder Impact
- The transaction could be of interest to shareholders as it provides insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 08/24/2024 | Date of transaction involving common stock |
| 08/27/2024 | Date of signature on the Form 4 filing |
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