Form 4: Amalgamated Financial Corp. Executive Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Tyrone Graham, EVP and Chief HR Officer of Amalgamated Financial Corp., sold shares of common stock under a pre-arranged 10b5-1 trading plan.
Summary
- On March 5, 2025, Tyrone Graham, EVP and Chief HR Officer of Amalgamated Financial Corp., sold 3,317 shares of common stock at a weighted average price of $30.4996.
- The shares were sold under a Rule 10b5-1 trading plan adopted on December 4, 2024.
- On March 7, 2025, Graham sold an additional 869 shares at a price of $29.73.
- Following these transactions, Graham directly owns 10,580 shares of Amalgamated Financial Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales by an executive. The use of a 10b5-1 plan suggests pre-planned transactions, reducing the likelihood of significant negative sentiment.
Industry Context
Sales by company executives are a normal part of corporate activity. It is important to note that the sales were executed under a pre-arranged 10b5-1 trading plan, which is designed to allow insiders to sell shares without being accused of trading on non-public information.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 03/05/2025 | Date of first reported transaction: sale of 3,317 shares |
| 03/07/2025 | Date of second reported transaction: sale of 869 shares |
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