Form 4: Amalgamated Financial Corp. Executive Sean Searby Reports Acquisition of Restricted Stock Units

EVP, Chief Info. & Ops. Officer Sean Searby reports acquisition of restricted stock units in Amalgamated Financial Corp.

Summary

• On March 7, 2025, Sean Searby, EVP, Chief Info. & Ops. Officer of Amalgamated Financial Corp., acquired 670 restricted stock units (RSUs).
• These RSUs represent a contingent right to receive one share of AMAL stock each.
• The acquisition was made at a price of $0.
• Following the transaction, Searby beneficially owns 18,309.18 shares of common stock directly.
• 335 of the units are deferred under the Executive Retirement Plan in lieu of a portion of the reporting person's annual cash incentive and 335 units are matched under the Executive Retirement Plan, both vesting according to the Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The acquisition of restricted stock units by an executive can be seen as a positive sign by shareholders, aligning management's interests with theirs.

Key Dates