Form 4: Amalgamated Financial Corp. Executive VP Jason Darby Reports Stock Disposal
SEC Form 4 Filing
Senior Executive VP and CFO of Amalgamated Financial Corp., Jason Darby, reports the disposal of 2,262 shares of common stock to cover tax obligations.
Summary
- On August 24, 2024, Jason Darby, Senior Executive VP and CFO of Amalgamated Financial Corp., disposed of 2,262 shares of common stock.
- The transaction was executed at a price of $32.48 per share.
- Following the transaction, Darby directly owns 54,208 shares of Amalgamated Financial Corp.
- The disposal was related to tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a disposal of shares by a key executive, which is a common occurrence for covering tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 08/24/2024 | Date of stock disposal transaction |
| 08/27/2024 | Date of signature on the Form 4 filing |
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