Form 4: Amalgamated Financial Corp. Senior Executive VP and CFO Reports Share Transactions
SEC Form 4 Filing
Jason Darby, Senior Executive VP and CFO of Amalgamated Financial Corp., reports the disposal of shares to cover taxes related to vesting restricted stock units and acquisition of shares through a dividend reinvestment plan.
Summary
- On March 1, 2025, Jason Darby, Senior Executive VP and CFO of Amalgamated Financial Corp., disposed of 806 shares of common stock at a price of $32.45 per share to cover taxes related to the vesting of a restricted stock unit installment.
- Following the transaction, Darby beneficially owns 58,758.36 shares of common stock.
- This total includes 45.86 shares acquired through the company's dividend reimbursement plan in Q1 of 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions related to stock options and dividend reinvestment, with no indication of significant positive or negative sentiment.
Positives
- Darby acquired 45.86 shares through the dividend reimbursement plan, indicating confidence in the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they are routine and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of restricted stock unit installment award to the reporting person. |
| 03/01/2025 | Date of transaction: Disposal of shares for tax obligations and acquisition of shares through dividend reinvestment. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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