Sec Form 4 Filing - Brown Sam D. @ Amalgamated Financial Corp. - 2025-02-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Brown Sam D.
2. Issuer Name and Ticker or Trading Symbol
Amalgamated Financial Corp. [ AMAL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SEVP, Chief Banking Officer
(Last) (First) (Middle)
275 7TH AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
02/15/2025
(Street)
NEW YORK, NY10001
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/15/2025 A 2,898 A ( 1 ) $ 0 38,943.33 D
Common Stock 02/15/2025 F 1,025 D ( 2 ) $ 33.47 37,918.33 D
Common Stock 02/15/2025 F 412 D ( 3 ) $ 36.69 37,506.33 D
Common Stock 02/15/2025 F 536 D ( 4 ) $ 36.69 36,970.33 ( 5 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brown Sam D.
275 7TH AVENUE
NEW YORK, NY10001
SEVP, Chief Banking Officer
Signatures
/s/ Sam Brown 02/19/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents performance share units that vested on January 1, 2025, and were approved for release by the Company's Compensation Committee on February 15, 2025.
( 2 )Represents the shares withheld related to the release of performance stock units.
( 3 )Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on February 15, 2022.
( 4 )Represents the shares withheld related to the vesting of a restricted stock unit installment, awarded to the reporting person on February 15, 2023.
( 5 )A footnote, included to a Form 4 filed on behalf of the reporting person on January 6, 2025, noted that the reporting person acquired 54 shares of common stuck under the Company's dividend reimbursement plan. The footnote inadvertently excluded decimals, and should have noted the reporting person's complete acquisition of 54.33 shares, under the plan. This footnote serves to reconcile the inconsistency of .33 shares the total amount reported under Table I of Colum 5 between the Form 4 filed on January 6, 2025, and this Form 4 filed on February 19, 2025.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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