Form 4: Ameriprise Financial EVP & CIO Gerard P. Smyth Reports Stock Sale
SEC Form 4 Filing
EVP & CIO of Ameriprise Financial, Gerard P. Smyth, reports the sale of 974 shares of common stock at a price of $259.53 on April 29, 2021.
Summary
- On April 29, 2021, Gerard P. Smyth, EVP & CIO of Ameriprise Financial, sold 974 shares of Ameriprise Financial Inc. (AMP) common stock.
- The sale price was $259.53 per share.
- Following the transaction, Smyth directly owns 9,020 shares of Ameriprise Financial common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The stock sale by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons behind the sale.
Key Dates
| Date | Description |
|---|---|
| 04/29/2021 | Date of stock sale transaction |
| 03/19/2025 | Signature date of the form |
Keywords
Form 4, insider trading, stock sale, Gerard P. Smyth, Ameriprise Financial, AMP, EVP & CIO
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.