Form 4: Amalgamated Financial Corp. Executive Sells Shares

Sentiment:

Statement of Changes in Beneficial Ownership


Mandy Tenner, EVP and Chief Legal Officer of Amalgamated Financial Corp., reported a sale of 747 shares of common stock on April 7, 2026, executed under a pre-established Rule 10b5-1 trading plan.

Summary

  • Mandy Tenner, Executive Vice President and Chief Legal Officer of Amalgamated Financial Corp. (AMAL), sold 747 shares of common stock.
  • The transaction occurred on April 7, 2026, with a sale price of $40.02 per share.
  • The sale was conducted under a Rule 10b5-1 trading plan adopted by Ms. Tenner on August 14, 2025.
  • Following the transaction, Ms. Tenner beneficially owns 19,706.19 shares of common stock.
  • This total includes 33 shares purchased through the Company's Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the sale was conducted under a pre-arranged trading plan, mitigating concerns of insider trading based on material non-public information.

Negatives

  • An executive officer sold a portion of their holdings in the company.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The use of a Rule 10b5-1 plan indicates a pre-planned sale, often used by executives to diversify holdings or manage personal finances without triggering insider trading concerns.

Stakeholder Impact

  • Shareholders may note the sale by an executive, but the use of a Rule 10b5-1 plan suggests it was pre-planned and not necessarily a reflection of negative sentiment towards the company's future prospects.

Key Dates

DateDescription
08/14/2025Date Rule 10b5-1 trading plan was adopted by Mandy Tenner.
04/07/2026Date of the reported stock sale transaction.
04/09/2026Date the Form 4 was signed by the reporting person.

Keywords

Amalgamated Financial Corp., AMAL, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, Executive Officer, Beneficial Ownership

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