Form 4: Amalgamated Financial EVP's Stock Activity

Amalgamated Financial's EVP, Sean Searby, reported the vesting of performance stock units and subsequent share disposition for tax purposes.

Summary

• EVP Chief Info. & Ops. Officer Sean Searby acquired 2,190 shares of Amalgamated Financial Corp. Common Stock on January 20, 2026, through the vesting of performance stock units.
• The performance stock units vested on January 1, 2026, and their release was approved by the Company's Compensation Committee on January 20, 2026.
• Concurrently, 808 shares of Common Stock were disposed of on January 20, 2026, at a price of $32.03 per share, to cover tax obligations related to the release of the performance stock units.
• Following these transactions, Sean Searby's direct beneficial ownership of Common Stock is 24,720.47 shares.
• The total reported beneficial ownership includes 0.01 shares of Common Stock and 9.88 outstanding Restricted Stock Units, both acquired through a dividend reinvestment program.

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation event involving the vesting of performance stock units and subsequent share disposition for tax purposes. While the vesting increases beneficial ownership, the tax-related sale slightly offsets the positive impact, resulting in a neutral to slightly positive sentiment.

Positives

• EVP Sean Searby's beneficial ownership increased by 2,190 shares due to performance stock unit vesting, indicating long-term incentive alignment and achievement of performance targets.

Negatives

• 808 shares were disposed of to cover tax liabilities, reducing the net increase in beneficial ownership from the vested performance stock units.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the vesting of performance stock units as a positive sign of executive alignment with company performance, though the subsequent sale for tax purposes is a routine event and not indicative of a change in sentiment.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the vesting of performance stock units and the subsequent sale of shares to cover tax obligations. Such transactions are common for executive compensation and typically do not indicate a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing.

Keywords

Amalgamated Financial Corp, AMAL, Sean Searby, Form 4, insider transaction, performance stock units, vesting, executive compensation, beneficial ownership