Form 4: Ameriprise Director Liane Pelletier Acquires Phantom Stock
Statement of Changes in Beneficial Ownership
Director Liane J. Pelletier acquired 441.7518 shares of phantom stock in Ameriprise Financial, Inc. as part of annual compensation.
Summary
- Director Liane J. Pelletier was granted 441.7518 shares of phantom stock on April 29, 2026.
- The phantom stock units represent a right to receive common stock on a one-for-one basis.
- The total beneficial ownership of phantom stock following this transaction is 624.7279 shares.
- Settlement of these units occurs in a lump sum following the director's departure from the Board.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Demonstrates alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Value of phantom stock is directly tied to the future performance of Ameriprise Financial common stock.
Future Outlook
The phantom stock units will be settled in common stock upon the director's termination of service from the Board of Directors.
Industry Context
StockSavvy.ai notes that this transaction is a routine disclosure of director compensation within the financial services sector, reflecting standard corporate governance practices for equity-based board remuneration.
Comparison to Industry Standards
- The use of phantom stock or deferred share units for non-employee directors is a standard practice among S&P 500 financial institutions to ensure long-term alignment.
- The one-for-one settlement structure is consistent with industry norms for deferred compensation plans.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of annual phantom stock units to a non-employee director. | 04/29/2026 | Standard alignment of director incentives with shareholder interests. |
Stakeholder Impact
- Shareholders: No immediate impact; reflects standard board compensation practices.
Next Steps
- Settlement of phantom stock units upon the director's future departure from the Board.
Key Dates
| Date | Description |
|---|---|
| 04/29/2026 | Date of the phantom stock grant transaction. |
| 05/01/2026 | Date of filing for the Form 4. |
Keywords
Ameriprise Financial, AMP, Form 4, Insider Trading, Phantom Stock, Director Compensation
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