---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-24-000098"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:28:29.920115+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Amalgamated Financial grants $1M in equity to execs; adopts universal proxy bylaw

## Summary
- CEO Priscilla Sims Brown receives $750K in time-vesting RSUs and $750K target PSUs.
- CFO Jason Darby and CBO Sam Brown each receive $125K time-vesting RSUs and $125K target PSUs.
- Time-vesting awards vest in three equal annual installments; PSUs cliff vest on third anniversary.
- Compensation Committee cites retentive purpose given challenging bank industry year.
- Bylaws amended on April 4, 2024 to incorporate universal proxy rules under Rule 14a-19.

## SEC filing metadata
- accession: 0001823608-24-000098
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360824000098/0001823608-24-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360824000098/amal-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-24-000098
- JSON: https://secwatch.observer/filing/0001823608-24-000098.json
- Plain text: https://secwatch.observer/filing/0001823608-24-000098.txt

## Key facts
- Governance Changes
  Amalgamated Financial Corp.: Amended advance notice provisions to incorporate universal proxy regulations under Rule 14a-19 (effective 2024-04-04).
  - Change: bylaw amendment
  - Effective: 2024-04-04
  source text: On April 4, 2024, the Board of Directors of the Corporation approved amendments to the advance notice provisions of the Company’s Bylaws to incorporate the universal proxy regulations under Rule 14a-19 of the Securities Exchange Act of 1934, as amended.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823608/000182360824000098/0001823608-24-000098-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.