Sean Searby - Nov 13, 2023 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Role
EVP, Chief Operations Officer
Signature
/s/Sean Searby
Stock symbol
AMAL
Transactions as of
Nov 13, 2023
Transactions value $
-$48,275
Form type
4
Date filed
11/13/2023, 04:09 PM
Previous filing
Nov 8, 2023
Next filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Sale -$48.3K -2.5K -12.88% $19.31 16.9K Nov 13, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The dispositions reported in this Form 4 were effectuated pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 07/31/2023..
F2 The reporting person has reported prior awards of restricted stock units in Table II of Form 4. The total reported in this Column 5 includes 16,490 unvested restricted stock units previously reported in Table II and 415 shares owned by the reporting person.