Form 4: Ameriprise CFO Berman Reports Equity Transactions

Ameriprise Financial's Executive VP and CFO, Walter Stanley Berman, reported recent transactions involving company common stock and employee stock options.

Summary

• Walter Stanley Berman, Executive VP and CFO of Ameriprise Financial Inc., reported several equity transactions.
• On January 31, 2026, Berman disposed of 423 shares of common stock at a price of $527.19 per share.
• Following this disposal, Berman directly beneficially owned 9,819 shares of common stock.
• On February 2, 2026, Berman acquired 2,790 shares of common stock at a price of $0 per share, likely through a grant or vesting event.
• After this acquisition, Berman directly beneficially owned 12,609 shares of common stock.
• Also on February 2, 2026, Berman was granted 9,117 employee stock options with an exercise price of $532.18 per option.
• These options have an expiration date of February 3, 2036, and vest in three equal annual installments over three years.
• Additionally, Berman indirectly holds an estimated 363.95 shares of common stock in the Ameriprise Financial 401(k) plan as of February 2, 2026.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing as moderately positive, reflecting standard executive compensation practices that align management incentives with long-term company performance through equity grants and options.

Positives

• Acquisition of 2,790 shares of common stock at $0, indicating a grant or vesting event.
• Grant of 9,117 employee stock options, providing future potential upside.
• Continued significant direct and indirect beneficial ownership in the company.

Negatives

• Disposal of 423 shares of common stock at $527.19, which could be for tax purposes or other personal reasons.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly grants of equity and options to senior executives like a CFO, are common components of executive compensation packages in the financial services industry. These grants align executive incentives with shareholder interests over the long term. The disposal of a small number of shares is often a routine "sell to cover" for tax obligations related to equity vesting.

Related Party Transactions

• The reported transactions involve an executive (Walter Stanley Berman) and the company (Ameriprise Financial Inc.), which are inherently related party dealings as part of executive compensation.

Stakeholder Impact

• Shareholders: The grant of equity and options to the CFO aligns his interests with long-term shareholder value creation. The disposal of shares is minor and likely tax-related, not indicating a lack of confidence.
• Management: The transactions represent a significant component of the CFO's compensation, incentivizing performance.

Next Steps

• One-third of the granted employee stock options will vest after one year from February 2, 2026.
• Another one-third of the options will vest after two years from February 2, 2026.
• The final one-third of the options will vest after three years from February 2, 2026.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation transactions, including equity grants and option awards, which are standard practice for aligning management incentives with shareholder interests. The small disposal of shares is likely for tax purposes. The filing does not present new information that would fundamentally alter the investment thesis for Ameriprise Financial, thus a "hold" recommendation is appropriate for existing investors.

Keywords

Ameriprise Financial, AMP, Walter Stanley Berman, SEC Form 4, Insider Trading, Stock Options, Common Stock, Equity Grant, CFO, Executive Compensation