Last updated: 20 May 2024 at 4:57pm EST

Edgar Romney Net Worth




The estimated Net Worth of Edgar Jr Romney is at least $1.36 Million dollars as of 16 May 2024. Mr. Romney owns over 28,020 units of Amalgamated Bank stock worth over $1,255,861 and over the last few years he sold AMAL stock worth over $0. In addition, he makes $101,000 as Executive Vice President - Northeast Regional Director and Director at Amalgamated Bank.

Mr. Romney AMAL stock SEC Form 4 insiders trading

Edgar has made over 1 trades of the Amalgamated Bank stock since 2024, according to the Form 4 filled with the SEC. Most recently he exercised 28,020 units of AMAL stock worth $385,275 on 16 May 2024.

The largest trade he's ever made was exercising 28,020 units of Amalgamated Bank stock on 16 May 2024 worth over $385,275. On average, Edgar trades about 7,005 units every 0 days since 2024. As of 16 May 2024 he still owns at least 41,876 units of Amalgamated Bank stock.

You can see the complete history of Mr. Romney stock trades at the bottom of the page.





Edgar Romney biography

Edgar Romney Sr. serves as Executive Vice President - Northeast Regional Director, Director of the Company. Mr. Romney Sr. briefly became President of Workers United upon its formation in March 2009 and has been its Secretary-Treasurer since July 2009. He is also a member of the General Executive Board of Workers United and Vice President of Service Employees International Union, positions he has held since September 2009. Mr. Romney Sr. joined the former International Ladies’ Garment Workers’ Union (ILGWU) in 1962 as a shipping clerk. He later became an Organizer and Business Agent with Local 99 ILGWU and, in 1976, was asked to serve as Director of Organization for the largest ILGWU affiliate – Local 23-25. Two years later, he was elected Assistant Manager of Local 23-25, and in 1983, became the local’s Manager-Secretary and an ILGWU Vice President. Mr. Romney Sr. served as Manager-Secretary of Local 23- 25 until 2004, when he became Manager of the New York Metropolitan Area Joint Board, formed by the consolidation of the five local unions that represent apparel workers in the New York area. In 1989, Mr. Romney Sr. was elected ILGWU Executive Vice President, becoming the first African-American to hold that position, and in 1995, he became Executive Vice President of UNITE – the union that grew out of the merger of the ILGWU and ACTWU. He was elected to the position of Secretary-Treasurer of UNITE in 2003. With the merger of UNITE and HERE in 2004, Mr. Romney Sr. became Executive Vice President of UNITE HERE, a position he held until the separation of UNITE and HERE in 2009. Mr. Romney Sr. also served as Secretary-Treasurer of the Change to Win Coalition from September 2003 until 2009. He continues to serve on numerous boards of directors and is Co-Chair of the Garment Industry Day Care Center of Chinatown; National Secretary of the A. Philip Randolph Institute; Vice President of IndustriALL and the New York State AFL-CIO.

What is the salary of Edgar Romney?

As the Executive Vice President - Northeast Regional Director and Director of Amalgamated Bank, the total compensation of Edgar Romney at Amalgamated Bank is $101,000. There are 10 executives at Amalgamated Bank getting paid more, with Keith Mestrich having the highest compensation of $2,309,000.



How old is Edgar Romney?

Edgar Romney is 77, he's been the Executive Vice President - Northeast Regional Director and Director of Amalgamated Bank since . There are no older and 24 younger executives at Amalgamated Bank.

Insiders trading at Amalgamated Bank

Over the last 4 years, insiders at Amalgamated Bank have traded over $20,974,878 worth of Amalgamated Bank stock and bought 83,155 units worth $1,777,413 . The most active insiders traders include Andrew La Benne, United Chicago & Midwest Re..., and United Canada Council Weste.... On average, Amalgamated Bank executives and independent directors trade stock every 21 days with the average trade being worth of $626,851. The most recent stock trade was executed by United Canada Council Weste... on 9 September 2024, trading 169,831 units of AMAL stock currently worth $5,181,544.



What does Amalgamated Bank do?

Amalgamated Financial Corp. operates as a bank holding company for Amalgamated Bank that provides commercial banking and trust services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest and interest-bearing demand accounts, savings and money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit, prepaid, and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. It serves advocacy-based non-profits, social welfare organizations, labor unions, political organizations, foundations, sustainability-focused, socially responsible businesses, and other for-profit companies, as well as their members and stakeholders. The company operates a network of six branches in New York City, Washington D.C., San Francisco, and Boston; and a digital banking and mobile platform. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.



What does Amalgamated Bank's logo look like?

Amalgamated Bank logo

Complete history of Mr. Romney stock trades at Amalgamated Bank

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 May 2024 Edgar Jr Romney
Chief Strategy and Admin Officer
Option 28,020 $13.75 $385,275
16 May 2024
41,876


Amalgamated Bank executives and stock owners

Amalgamated Bank executives and other stock owners filed with the SEC include: