Western States Regional Joint Board, Workers United sold $22.1M of AMAL
Western States Regional Joint Board, Workers United sold 462,412 shares of Amalgamated Financial Corp. (AMAL) at an average of $47.86 ($47.69–$47.98, $22.13M total) across 5 trades over 2026-09-11 to 2026-09-14. Filed jointly with Workers United Canada Council (10% owner), Southern Region Workers United/SEIU (10% owner) and Southwest Regional Joint Board, Workers United (10% owner).
How this was made
The 30-second read
Why it matters
The disclosed sale reduces insider ownership from 10% to ~8.5%, potentially affecting voting power and signaling.
Market read
Primary insider sale news; modest trading relevance for AMAL.
What to watch
No disclosed reason for sale; could be unrelated to company fundamentals.
Background
Form 4 filings provide transparent reporting of insider transactions required by SEC.
Ticker impact
Form 4 disclosed sale of 462,412 shares (~$22.1M) by 10% owner Western States Regional Joint Board, Workers United.
Possible modest price decline in near term as market digests insider sell.
Large insider stake reduction by a major shareholder; no accompanying buyback or positive news.
Market effects
Minimal impact on financial services sector; highlights insider activity monitoring.
Limited to US markets where AMAL trades.
Low
Counterpoint
Insider sell could be routine liquidity event, not necessarily bearish.
Key entities
- CompanyAmalgamated Financial Corp.
Issuer of the securities sold.
- InsiderWestern States Regional Joint Board, Workers United
10% owner reporting the sale.
