AMAL.NASDAQAmalgamated Financial CORP

Form 4: Workers United Group Sells Amalgamated Financial Corp. Shares in Multiple Transactions

Sentiment:

SEC Form 4

📋All filings for Amalgamated Financial CORP
🔒Login to Follow

A group of Workers United entities sold shares of Amalgamated Financial Corp. (AMAL) in a series of transactions between October 28 and October 30, 2024.

Summary

  • A group of Workers United entities, including Rochester Regional Joint Board, Pennsylvania Joint Board, and Philadelphia Joint Board, sold shares of Amalgamated Financial Corp.
  • The sales occurred between October 28 and October 30, 2024.
  • The transactions involved multiple sales at weighted average prices ranging from approximately $33.56 to $34.55 per share.
  • The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
  • The filing is one of two identical reports due to SEC's limit of 10 joint filers per report.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting share sales. It doesn't convey strong positive or negative sentiment, focusing on factual transaction details.

Industry Context

This filing reflects insider selling activity, which is a common occurrence. Monitoring such activity can provide insights into the perspectives of those with intimate knowledge of the company.

Stakeholder Impact

  • The share sales by Workers United entities could potentially exert downward pressure on the stock price in the short term.
  • The transactions may be of interest to shareholders seeking to understand the investment decisions of major stakeholders.

Key Dates

DateDescription
10/28/2024Date of earliest transaction reported
10/28/2024Sale of 18,625 shares at $34.3162 by Rochester Workers United
10/28/2024Sale of 18,625 shares at $34.3162 by Pennsylvania Joint Board
10/28/2024Sale of 18,625 shares at $34.3162 by Philadelphia Joint Board
10/29/2024Sale of 8,067 shares at $34.1432 by Rochester Workers United
10/29/2024Sale of 8,067 shares at $34.1432 by Pennsylvania Joint Board
10/29/2024Sale of 8,067 shares at $34.1432 by Philadelphia Joint Board
10/30/2024Sale of 19,100 shares at $33.9482 by Rochester Workers United
10/30/2024Sale of 9,308 shares at $34.2249 by Pennsylvania Joint Board
10/30/2024Sale of 19,100 shares at $33.9482 by Philadelphia Joint Board
10/30/2024Date of signatures for Western States Regional Joint Board, Workers United, Workers United Canada Council, Workers United, Southern Regional Joint Board, and Southwest Regional Joint Board

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.