Workers United has filed a Form 144 to sell 168,809 shares of Amalgamated Financial Corp. stock, valued at approximately $8.4 million. This filing, dated October 30, 2026, indicates that Workers United is a 10% shareholder in Amalgamated Financial Corp., a state commercial bank.
Background
Workers United is a labor organization based in Philadelphia, Pennsylvania. The organization focuses on representing workers in various sectors and is incorporated in Pennsylvania. The recent filing is part of a series of transactions that Workers United has engaged in, reflecting its active role in the financial landscape.
What the Filing Says
The filing states that Workers United intends to sell 168,809 shares of common stock of Amalgamated Financial Corp., which has a par value of $0.01 per share. The approximate sale date is noted as October 30, 2026. The filing also mentions that the shares were acquired during a reorganization on August 19, 2018.
Impact
This sale may affect the market dynamics for Amalgamated Financial Corp. as it continues to grow within the state commercial banking sector. The filing does not specify how this transaction will impact Workers United's operations or its relationship with Amalgamated Financial Corp.
What's Next
The filing does not say what happens next.
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