Form 4: Ameriprise Financial Executive Alvero Gumer Reports Stock Transaction

Ameriprise Financial's President of Insurance & Annuities, Alvero Gumer, reported a disposition of 40 shares of common stock to cover tax obligations and an indirect holding of 1,051.78 shares through a 401(k) plan.

Summary

• Alvero Gumer, President of Insurance & Annuities at Ameriprise Financial, filed a Form 4 detailing a stock transaction.
• On January 26, 2025, Mr. Gumer disposed of 40 shares of Ameriprise Financial common stock at a price of $563.58 per share.
• This transaction was to cover tax obligations related to vesting of stock.
• Mr. Gumer also indirectly holds 1,051.78 shares of Ameriprise Financial common stock through the company's 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 regulatory filing and does not indicate any positive or negative sentiment. It is a neutral disclosure of a stock transaction.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transaction is typical for executives who receive stock-based compensation and need to cover tax obligations.
• The 401(k) holdings are also a common form of employee benefit.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale by an executive.
• The disclosure provides transparency to stakeholders regarding executive stock transactions.

Key Dates

Keywords

Form 4, Ameriprise Financial, Stock Transaction, Insider Trading, Alvero Gumer, Executive Compensation, 401(k), Share Disposition