Sam D. Brown, Senior Executive Vice President and Chief Banking Officer of Amalgamated Financial Corp. (NASDAQ:AMAL), filed a Form 4 on September 10, 2026, disclosing the sale of 30,735 shares of common stock across two transactions on September 8 and September 9, 2026.

Key Highlights

  • First sale: Brown disposed of 30,000 shares on September 8, 2026, at a weighted average price of $48.4197 per share, with individual transaction prices ranging from $48.10 to $48.81.
  • Second sale: Brown disposed of 735 shares on September 9, 2026, at $47.6101 per share.
  • Remaining ownership: Following both transactions, Brown directly beneficially owns 25,873.96 shares of common stock.
  • Rule 10b5-1 plan: The filing indicates the transactions were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Reporting person role: Brown is identified as SEVP and Chief Banking Officer of Amalgamated Financial Corp.

Brown's Share Sales and Remaining Stake in Amalgamated Financial

According to the Form 4 filing, Sam D. Brown sold a total of 30,735 shares of Amalgamated Financial Corp. common stock over two consecutive trading days. The first transaction, dated September 8, 2026, involved the disposal of 30,000 shares at a weighted average price of $48.4197. As noted in the filing's footnote, those shares were sold in multiple transactions at prices ranging from $48.10 to $48.81, and Brown "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."

The second transaction, dated September 9, 2026, involved the sale of 735 shares at $47.6101 per share. Both sales are recorded as direct disposals, coded "S" under Table I of the filing. No derivative securities transactions were reported in Table II. Following the two reported transactions, Brown's direct beneficial ownership stands at 25,873.96 shares of Amalgamated Financial Corp. common stock, according to the filing.

The filing indicates a box was checked to reflect that these transactions were executed pursuant to a Rule 10b5-1(c) plan. Brown signed the filing on September 10, 2026.

What Was Disclosed

Sam D. Brown, SEVP and Chief Banking Officer of Amalgamated Financial Corp. (NASDAQ:AMAL), disclosed the sale of 30,735 shares of common stock on September 8 and 9, 2026, leaving him with direct beneficial ownership of 25,873.96 shares following the transactions.