---
schema_version: "secwatch.filing_event.v1"
accession: "0001823608-25-000021"
form_type: "8-K"
ticker: "AMAL"
cik: "0001823608"
company_name: "Amalgamated Financial Corp."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T05:58:19.894029+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# CEO Priscilla Brown gets new contract with $1.08M base salary; bonus deferral plan also adopted

## Summary
- CEO Priscilla Sims Brown's amended agreement sets base salary at $1,080,000, target bonus 80% of base, and target equity grant $1,560,000.
- Severance upon without-cause termination equals 12 months salary plus 1x or 1.75x annual target bonus, depending on change-in-control proximity.
- New Bonus Deferral Plan allows eligible executives to defer up to 100% of annual bonus into DSUs, with company match up to 35% of deferred amount, vesting based on age and service.
- CEO's contract term is 36 months, auto-renews annually unless either party gives 90-day non-renewal notice.

## SEC filing metadata
- accession: 0001823608-25-000021
- form_type: 8-K
- ticker: AMAL
- cik: 0001823608
- company_name: Amalgamated Financial Corp.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000021/0001823608-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823608/000182360825000021/amal-20250319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823608-25-000021
- JSON: https://secwatch.observer/filing/0001823608-25-000021.json
- Plain text: https://secwatch.observer/filing/0001823608-25-000021.txt

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