Western States Regional Joint Board, Workers United, has made a notable move in the financial sector by selling 92,809 shares of Amalgamated Financial Corp. This transaction, reported on November 6, 2026, is significant for both the union and the broader financial services industry.
Background
The Western States Regional Joint Board, Workers United, is a labor organization based in Los Angeles, California. It is part of a larger network of unions that advocate for workers' rights and interests. The organization is involved in various sectors, including retail and service industries, and has been active in filing reports with the SEC, including several Form 4 filings in recent months.
What the Filing Says
According to the recent SEC filing (accession number 0000902664-26-004394), the sale occurred on November 4, 2026, at a price of $50.8642 per share. The filing indicates that the Western States Regional Joint Board now holds approximately 6,747,407 shares following this transaction.
Impact
This sale may impact various stakeholders, including other labor unions and organizations within the financial services sector. The transaction reflects a strategic decision by the Western States Regional Joint Board, which, along with other unions, holds significant shares in Amalgamated Financial Corp. Notably, the filing also lists other reporting owners, including Workers United Canada Council and Southern Region Workers United/SEIU, indicating a collective approach among unions in managing their investments.
What's Next
The filing does not say what happens next, but the ongoing transactions and strategic decisions by labor unions like the Western States Regional Joint Board may continue to influence the financial landscape.
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