Sam D. Brown - 22 Dec 2023 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Signature
/s/ Sam Brown
Issuer symbol
AMAL
Transactions as of
22 Dec 2023
Net transactions value
-$58,690
Form type
4
Filing time
29 Jan 2024, 20:18:50 UTC
Previous filing
14 Dec 2023
Next filing
06 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Tax liability $33,259 -1,235 -3.8% $26.93 31,428 22 Dec 2023 Direct F1
transaction AMAL Common Stock Award $0 +2,665 +8.5% $0.000000 34,093 25 Jan 2024 Direct F2
transaction AMAL Common Stock Tax liability $25,431 -944 -2.8% $26.94 33,149 25 Jan 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMAL Restricted Stocks Units Options Exercise $0 +4,106 $0.000000 4,106 22 Dec 2023 Common Stock 4,106 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities withheld from the vesting of 4,106 restricted stock units on December 22, 2023.
F2 Represents performance share units that vested on January 25, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of AMAL stock.
F4 On December 22, 2020, the reporting person was granted 12,316 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.