Edgar Romney Jr. - 13 Feb 2025 Form 4 Insider Report for Amalgamated Financial Corp. (AMAL)

Role: Chief Strategy & Admin Officer
Signature: /s/ Edgar Romney Jr.
Issuer symbol: AMAL
Transactions as of: 13 Feb 2025
Net transactions value: -$561,883
Form type: 4
Filing time: 18 Feb 2025, 15:33:08 UTC
Previous filing: 20 May 2024
Next filing: 19 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMAL	Common Stock	Options Exercise	$385,295	+26,300	+190%	$14.65	40,156	13 Feb 2025	Direct
transaction	AMAL	Common Stock	Tax liability	$593,657	-16,518	-41%	$35.94	23,638	13 Feb 2025	Direct
transaction	AMAL	Common Stock	Sale	$353,521	-9,782	-41%	$36.14	13,856	13 Feb 2025	Direct	F1, F2

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	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-26,300	-100%	$0.000000	0	13 Feb 2025	Common Stock	26,300	$14.65	Direct

* 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 disposition reported in this Form 4 was conducted pursuant to a Rule 10b5-1 trading plan, adopted by the reporting person on 11/14/2024.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.04 - $35.61. The reporting person undertakes to provide to AMAL, any security holder of AMAL, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

Content

The disposition reported in this Form 4 was conducted pursuant to a Rule 10b5-1 trading plan, adopted by the reporting person on 11/14/2024.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.04 - $35.61. The reporting person undertakes to provide to AMAL, any security holder of AMAL, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.