Form 4: Ameriprise Financial Executive Gerard P. Smyth Reports Stock Transactions
SEC Form 4 Filing
Ameriprise Financial's EVP & CIO, Gerard P. Smyth, reported acquiring and disposing of company stock on January 28, 2025.
Summary
- Gerard P. Smyth, EVP & CIO of Ameriprise Financial, filed a Form 4 detailing changes in his beneficial ownership of company stock.
- On January 28, 2025, Smyth acquired 2,934 shares of common stock at $0 price.
- On the same day, he disposed of 1,305 shares of common stock at a price of $571.84 per share.
- Following these transactions, Smyth's direct holdings decreased to 5,274 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial services industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- Similar filings are made by executives at other financial firms such as Goldman Sachs, Morgan Stanley, and JP Morgan Chase, when they trade their company's stock.
Stakeholder Impact
- The stock transactions by the executive may be of interest to shareholders, but are unlikely to have a significant impact on the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of stock acquisition and disposal by Gerard P. Smyth. |
| 01/30/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Ameriprise Financial, Gerard P. Smyth, Executive Compensation, Insider Trading
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