Southern Region Workers United/SEIU's Form 4 filing
Amalgamated Financial Corp. (AMAL) · filed Feb 6, 2024
- Accession no.
- 0000902664-24-001105
- Filed
- Feb 6, 2024, 4:36 PM ET
- Trade date
- Dec 1-11, 2023
- Filing delay
- 67 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions. Open-market sales total $3.50M. It was filed 67 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Southern Region Workers United/SEIUCIK 0002008723 | 10% Owner |
| Workers United Canada CouncilCIK 0002009094 | 10% Owner |
| Rochester Regional Joint Board, Workers UnitedCIK 0002009104 | 10% Owner |
| Southwest Regional Joint Board, Workers UnitedCIK 0002009716 | 10% Owner |
| Western States Regional Joint Board, Workers UnitedCIK 0002010099 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 1, 2023 | Common Stock, par value $0.01 per share (Common Stock) | SSaleDisposed | −54,845 | $21.83F1 | −$1,197,101.82 | 7,971,505.93 | Direct | Duplicate filing |
| Dec 6, 2023 | Common Stock | SSaleDisposed | −5,000 | $22.66F2 | −$113,295 | 7,966,505.93 | Direct | Duplicate filing |
| Dec 7, 2023 | Common Stock | SSaleDisposed | −7,402 | $23.00 | −$170,246 | 7,959,103.93 | Direct | Duplicate filing |
| Dec 8, 2023 | Common Stock | SSaleDisposed | −34,869 | $23.02F3 | −$802,555.36 | 7,924,234.93 | Direct | Duplicate filing |
| Dec 11, 2023 | Common Stock | SSaleDisposed | −52,729 | $23.12F4 | −$1,218,909.93 | 7,871,505.93 | Direct | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.75 to $22.06, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 herein.
Referenced by the price of 1 transaction in Table I.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.415 to $23.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 herein.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.14, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 herein.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 herein.
Referenced by the price of 1 transaction in Table I.
Remarks
Workers United disgorged to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of the Securities Exchange Act of 1934. Each Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the Reporting Person. This report shall not be deemed an admission that any Reporting Person is a member of a group or the beneficial owner of any securities not directly owned by the Reporting Person. To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the second of two identical reports relating to the same transaction being filed with the Securities and Exchange Commission.