Form 4: Ameriprise Executive Reports Share Forfeitures for Tax

Ameriprise Financial's CEO of Global Asset Management, William F. Truscott, reported the forfeiture of shares to cover tax withholdings related to vesting events in late January 2026.

Summary

• William F. Truscott, CEO of Global Asset Management at Ameriprise Financial Inc. (AMP), filed a Form 4 detailing changes in his beneficial ownership.
• On January 26, 2026, Truscott disposed of 292 shares of Common Stock at a price of $500.53 per share.
• On January 27, 2026, an additional 317 shares of Common Stock were disposed of at a price of $498.33 per share.
• These disposals were forfeitures of shares to satisfy tax withholding obligations upon the vesting of equity compensation.
• Following these transactions, Truscott directly beneficially owned 2,970 shares of Common Stock.
• Indirect beneficial ownership includes 12,290 shares held by an LLC and an estimated 307.41 shares held in the Ameriprise Financial 401(k) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine administrative event (share forfeiture for tax withholding upon vesting of equity compensation) which is neither inherently positive nor negative for the company's operational or financial performance. It is a standard part of executive compensation management.

Positives

• The underlying event of share vesting indicates the successful maturation of equity compensation for the executive, reflecting achievement of compensation milestones.

Negatives

• The forfeiture of 292 shares at $500.53 and 317 shares at $498.33 represents a reduction in the executive's direct beneficial ownership due to tax obligations.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports a routine insider transaction related to executive compensation. The forfeiture of shares to cover tax obligations upon vesting is a common and standard practice for executives across various industries who receive equity-based compensation.

Comparison to Industry Standards

• The reported forfeiture of shares for tax withholding is a common and standard practice for executives receiving equity compensation across various industries, ensuring compliance with tax obligations upon the vesting of restricted stock units or similar awards. This is not unique to Ameriprise Financial or its industry peers.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation and tax compliance.
• Employees: No direct impact on the broader employee base.
• Management: The executive's direct beneficial ownership is adjusted due to tax obligations, a standard part of their compensation structure.

Key Dates

Keywords

Ameriprise Financial, AMP, Form 4, insider transaction, share forfeiture, tax withholding, executive compensation, beneficial ownership