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.
In a notable transaction on September 10, 2026, Chief Financial Officer Jason Darby sold 19,995 shares of Amalgamated Financial Corp. for a total of nearly $960,000, according to a recent SEC Form 4 filing. The transaction value was calculated at $48.10 per share, while the post-transaction value, based on the market close on the same day, was $48.52 per share.
Amalgamated Financial Corp., founded in 1923 and based in New York City, is a regional financial institution with an employee base of 450 and a market capitalization of $1.40 billion.
The company has shown robust financial health, with a trailing twelve-month (TTM) net income of $113.40 million and revenue of $485.40 million, resulting in a net profit margin of approximately 23.35%. As a regional bank offering a range of services including deposit products, investment management, and trust services, Amalgamated Financial Corp. maintains a competitive edge within the regional banking sector.
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