Form 4: Amalgamated Financial Corp. Executive VP Jason Darby Sells 4,000 Shares

Senior Executive VP and CFO of Amalgamated Financial Corp., Jason Darby, sold 4,000 shares of common stock on June 28, 2024, at a weighted average price of $27.0186.

Summary

• On June 28, 2024, Jason Darby, Senior Executive VP and CFO of Amalgamated Financial Corp., sold 4,000 shares of common stock.
• The sale was executed at a weighted average price of $27.0186 per share.
• The transactions occurred within a price range of $27.00 to $27.11.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 14, 2023.
• Following the transaction, Darby directly owns 56,470 shares of Amalgamated Financial Corp.
• This total includes 624 shares acquired in Q1 2024 through the Employee Stock Purchase Program.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of an insider stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among corporate executives. Investors often monitor these filings for signals about management's confidence in the company's future prospects. However, sales under pre-arranged 10b5-1 plans are less likely to be indicative of management sentiment.

Key Dates