The insider selling cluster is notable for its breadth (CFO, CBO, CLO, plus 10% owners) but the dollar amount is modest relative to market cap. The lack of any insider buying and the concentrated selling by a major 10% owner warrants monitoring for further sales or a potential secondary offering. However, given the strong analyst consensus and no negative corporate events in the cross-filing context, this cluster alone does not signal material deterioration. Traders should watch for any follow-on 8-K filings or changes in institutional ownership trends.
Price Chart
Executive Summary
A cluster of insider selling at Amalgamated Financial Corp. (AMAL) over the past week, totaling approximately $5.44M in open-market sales. The selling is broad-based, involving the CFO, Chief Banking Officer, Chief Legal Officer, and two 10% owner entities (Workers United and Western States Regional Joint Board). While the total dollar value is modest relative to the $1.4B market cap (~0.39%), the participation of multiple C-suite executives alongside a major 10% owner selling over $5M in a concentrated window is notable. The cluster appears liquidity-driven or routine portfolio rebalancing rather than a bearish signal.
Key Financial Metrics
Key Facts
- CFO Darby Jason sold 19,995 shares (~$962K) on 2026-09-10.
- Chief Banking Officer Brown Sam D. sold 30,735 shares total (~$1.49M) across two dates.
- Chief Legal Officer Tenner Mandy sold 2,920 shares (~$142K) on 2026-09-08.
- 10% owner Workers United and Western States Regional Joint Board sold a combined ~$10.2M across multiple trades in the window.
- Total open-market selling value of ~$5.44M represents ~0.39% of AMAL's $1.4B market cap.
- No insider buying was reported in the cluster window.
- The company has a 75% bullish analyst consensus (6 Buy, 2 Hold).
Financial Impact
Total insider selling of ~$5.44M, or ~0.39% of market cap, concentrated in a 7-day window.
Risk Factors
- Continued insider selling could pressure the stock in the near term.
- The 10% owner selling over $10M in a week may indicate a desire to reduce a large position, potentially leading to further overhang.
- No insider buying to offset the selling creates an asymmetric information signal.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AMAL-1789193565778 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $50.31 | awaiting T+20 | — | $50.88 (+1.13%) |
Oct 20, 2026 6d ago | 8-K | $47.82 | awaiting T+20 | — | $50.88 (+6.40%) |
Sep 17, 2026 5w ago | Insider Cluster | $47.40 $47.13 | ▲ +0.57% | ▲ +0.77% | $50.88 (−7.34%) |
Sep 15, 2026 5w ago | Insider Cluster | $46.62 $46.52 | ▲ +0.21% | ▲ +2.28% | $50.88 (−9.14%) |
Sep 11, 2026 6w ago | Insider Cluster | $47.78 $46.88 | ▼ −1.88% | ▼ −4.15% | $50.88 (+6.49%) |
Sep 11, 2026 6w ago | Insider Cluster | $47.78 $46.88 | ▲ +1.88% | ▲ +4.15% | $50.88 (−6.49%) |
Sep 10, 2026 6w ago | Insider Cluster | $47.87 $46.58 | ▲ +2.69% | ▲ +4.56% | $50.88 (−6.29%) |
Sep 8, 2026 6w ago | Insider Cluster | $47.83 $46.63 | ▲ +2.51% | ▲ +4.45% | $50.88 (−6.38%) |
Sep 2, 2026 7w ago | Insider Cluster | $49.04 $48.19 | ▼ −1.73% | ▼ −0.55% | $50.88 (+3.75%) |
Sep 2, 2026 7w ago | Insider Cluster | $49.04 $48.19 | ▼ −1.73% | ▼ −0.55% | $50.88 (+3.75%) |
US Market Status
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