Form 4: Amalgamated Financial Corp. Executive VP Jason Darby Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Jason Darby, Senior Executive VP and CFO of Amalgamated Financial Corp., disposed of 569 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 1, 2025, Jason Darby, Senior Executive VP and CFO of Amalgamated Financial Corp., disposed of 569 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of a restricted stock unit installment awarded on April 1, 2024.
- The shares were disposed of at a price of $28.7.
- Following the transaction, Darby beneficially owns 60,533.36 shares of Amalgamated Financial Corp. common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of restricted stock unit award to Jason Darby |
| 04/01/2025 | Date of share disposal by Jason Darby to cover tax obligations |
| 04/03/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, insider trading, share disposal, restricted stock units, tax obligations, AMAL, Amalgamated Financial Corp., Jason Darby
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