Form 4: Amalgamated Financial Corp. Executive Sells Shares Under 10b5-1 Trading Plan

Sentiment:

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

DateDescription
12/04/2024Date the reporting person adopted the Rule 10b5-1 trading plan
03/05/2025Date of first reported transaction: sale of 3,317 shares
03/07/2025Date of second reported transaction: sale of 869 shares

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