CFO Jason Darby reduced his direct holdings in Amalgamated Financial Corp. by selling nearly 20,000 shares, a move that follows the regional bank's strong historical performance and 3.80% net interest margin.
CFO Jason Darby sold 19,995 shares, reducing his direct holdings, which may signal reduced confidence.
Amalgamated Financial Corp. (NASDAQ: AMAL) CFO Jason Darby offloaded 19,995 shares in a series of transactions on September 10, 2026. The sale, valued at approximately $962,000, leaves the executive with a remaining direct stake of 53,850 shares, representing 0.18% of the company's equity.
While insider sales can sometimes signal reduced confidence, they are often executed for routine financial planning or tax purposes. Investors are encouraged to weigh this transaction against the company's strong fundamentals and historical performance.