Form 4: Amalgamated Financial Corp. Executive VP Veluswamy Reports Share Disposal for Tax Obligations

Leslie Veluswamy, EVP & Chief Accounting Officer of Amalgamated Financial Corp., disposed of 331 shares to cover tax obligations related to vesting restricted stock units.

Summary

• On March 1, 2025, Leslie Veluswamy, the EVP & Chief Accounting Officer of Amalgamated Financial Corp., disposed of 331 shares of common stock.
• The transaction was executed to cover tax obligations related to the vesting of a restricted stock unit installment awarded on March 1, 2024.
• The shares were disposed of at a price of $32.45 per share.
• Following the transaction, Veluswamy directly owns 11,894 shares of Amalgamated Financial Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing indicates a common practice of executives selling shares to cover tax obligations arising from the vesting of stock awards.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates