Form 4: Ameriprise Financial CEO James Cracchiolo Reports Stock Transaction

Ameriprise Financial CEO James Cracchiolo reports a disposition of 1,762 shares of common stock to cover tax obligations, while also holding 1,703.78 shares indirectly through a 401(k) plan.

Summary

• James Cracchiolo, the CEO of Ameriprise Financial, reported a transaction involving the company's common stock.
• On January 26, 2025, Mr. Cracchiolo disposed of 1,762 shares of common stock at a price of $563.58 per share.
• This transaction was categorized as a disposition for tax purposes.
• Following the transaction, Mr. Cracchiolo directly owns 157,250 shares of Ameriprise Financial common stock.
• Additionally, he indirectly owns 1,703.78 shares through the Ameriprise Financial 401(k) plan.
• The number of shares held in the 401(k) plan is an estimate as of January 24, 2025, and varies with the price of Ameriprise stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing for a stock transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing for a stock transaction by a company executive and is common practice in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this transaction is consistent with typical reporting requirements.
• Similar filings are made by executives at other financial firms such as BlackRock, Morgan Stanley, and Goldman Sachs when they trade their company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.

Key Dates

Keywords

Ameriprise Financial, James Cracchiolo, stock transaction, SEC Form 4, insider trading, common stock, 401k plan, executive compensation