Form 4: Ameriprise Financial EVP & CIO Gerard P. Smyth Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gerard P. Smyth, EVP & CIO of Ameriprise Financial, reports transactions involving common stock and phantom stock, including acquisitions and disposals, according to a Form 4 filing.
Summary
- Gerard P. Smyth, the EVP & CIO of Ameriprise Financial Inc., filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of Ameriprise Financial common stock and phantom stock.
- On July 11, 2024, Smyth acquired 115.7065 shares of common stock through the conversion of phantom stock.
- Also on July 11, 2024, Smyth disposed of 50.7065 shares of common stock at a price of $439.82.
- Following these transactions, Smyth directly owns 3,852 shares of common stock and 932.7938 shares of phantom stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing transactions by an insider, with neutral sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with shareholder interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of common stock and phantom stock transactions. |
| 07/15/2024 | Date of Form 4 filing. |
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