Sean Searby - 01 Mar 2025 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Signature
/s/Sean Searby
Issuer symbol
AMAL
Transactions as of
01 Mar 2025
Net transactions value
-$109,476
Form type
4
Filing time
04 Mar 2025, 20:57:54 UTC
Previous filing
21 Feb 2025
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMAL Common Stock Tax liability $12,006 -370 -1.8% $32.45 20,639 01 Mar 2025 Direct F1, F2
transaction AMAL Common Stock Sale $97,470 -3,000 -15% $32.49 17,639 03 Mar 2025 Direct F3
* 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 Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on March 1, 2024.
F2 The total reported in Column 5 of this Form 4 includes 3.49 shares of common stock, acquired by the reporting person under the Company's dividend reimbursement plan, in Q1 of 2025.
F3 The disposition reported in this Form 4 was conducted pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 7/30/2024.