CFO Sells Nearly 20,000 Shares of Regional Bank for More Than $960,000
Darby disposed of 27% of his direct equity stake at prices ranging from $47.24 to $48.54 per share, leaving him with 53,850 shares valued at $2.6 million.
Overview
Senior Executive VP and CFO Jason Darby sold 19,995 shares of Amalgamated Financial Corp. (NASDAQ:AMAL) on Sept. 10, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($48.10); post-transaction value based on Sept. 10, 2026, market close ($48.52).
Details
Amalgamated Financial Corp., established in 1923 and headquartered in New York City, operates as a regional financial institution with 450 employees and a market capitalization of $1.40 billion. The company has demonstrated strong performance with TTM net income of $113.40 million on revenue of $485.40 million, reflecting a net profit margin of approximately 23.35%. As a regional bank with diversified revenue streams spanning deposit products, investment management, and trust services, Amalgamated maintains a competitive position within the regional banking sector.
Source
Originally published at www.fool.com.