---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-25-000012"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:26:40.911495+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Amended employment agreement for EVP Searby: $420k base, $420k retention RSU

## Summary
- Base salary set at $420,000 per year; bonus and equity targets each at 40% of base.
- One-time retention award of $420,000 in RSUs to be granted on Sept 1, 2025.
- Term of 36 months with annual auto-renewals; severance of 12 months base plus bonus (non-CIC).
- Change-in-control severance: 21 months base plus 175% of target bonus.
- Confidentiality, non-compete, and non-solicitation covenants apply for 12+ months post-termination.

## SEC filing metadata
- accession: 0001823608-25-000012
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000012/0001823608-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000012/amal-20250224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-25-000012
- JSON: https://secwatch.observer/filing/0001823608-25-000012.json
- Plain text: https://secwatch.observer/filing/0001823608-25-000012.txt

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