Western States Regional Joint Board, Workers United, filed a Form 4 with the SEC on November 3, 2026, disclosing three separate dispositions of Amalgamated Financial Corp. common stock between October 30 and November 3, 2026, on behalf of a group of affiliated labor union entities that collectively hold a 10% ownership stake in the issuer.

Key Highlights

  • Three transactions: 30,000 shares sold on October 30, 2026 at a weighted average price of $49.9691; 30,000 shares sold on November 2, 2026 at a weighted average price of $50.8135; and 16,000 shares sold on November 3, 2026 at a weighted average price of $50.0164.
  • Total shares disposed: 76,000 shares of Common Stock, par value $0.01 per share, were sold across the three transaction dates.
  • Remaining beneficial ownership: Following the November 3, 2026 transaction, Workers United directly held 6,840,215.93 shares, according to the filing.
  • 10% owner status: The filing identifies the reporting persons as 10% owners of Amalgamated Financial Corp., traded on NASDAQ:AMAL.
  • Prior transfer noted: The filing states that the November 3 post-transaction total includes 9,901 shares transferred to Workers United by Conseil du Quebec on September 30, 2025 for no value, which had not been previously reported.
  • Multiple reporting persons: The filing was made jointly on behalf of fourteen affiliated entities, including regional joint boards, local units, and the Workers United Canada Council.

Amalgamated Financial Ownership Changes Filed by Workers United Group

The Form 4 covers dispositions of common stock in Amalgamated Financial Corp., a company whose shares trade under the symbol AMAL on NASDAQ. The reporting entity, Western States Regional Joint Board, Workers United, filed on behalf of a group of fourteen labor-affiliated organizations, each of which directly owns a portion of the issuer's shares. Amalgamated Financial Corp. is associated with the labor union movement, and the reporting persons are identified as 10% owners of the company, a category that triggers Section 16 reporting obligations under the Securities Exchange Act of 1934.

All three sales were executed at weighted average prices, with the actual per-share prices ranging across intervals disclosed in the filing. For the October 30 sale, individual transaction prices ranged from $49.6900 to $50.2350. The November 2 sale prices ranged from $50.6000 to $51.1400, and the November 3 sale prices ranged from $49.7200 to $50.4600. The filing notes that full detail on shares sold at each individual price within these ranges is available upon request to the issuer, any security holder, or SEC staff.

Beyond the three active sale transactions, the filing lists additional share balances held directly by other affiliated entities, including New York-New Jersey Regional Joint Board with 1,476,678.4 and 1,380,806.4 shares in separate accounts, Philadelphia Joint Board with 373,022 shares, and Chicago and Midwest Regional Joint Board with 399,567 shares, among others. Each reporting person expressly disclaims beneficial ownership of securities not directly owned by that entity, and the filing states that the joint filing should not be construed as an admission of group membership or beneficial ownership beyond each party's direct holdings.

What Was Disclosed

The filing reports three open-market dispositions of Amalgamated Financial Corp. common stock totaling 76,000 shares between October 30 and November 3, 2026, by a group of fourteen Workers United-affiliated entities acting as 10% owners of the issuer, with the directly held balance standing at 6,840,215.93 shares after the final transaction.