Form 4: Ameriprise Financial Executive Reports Stock Transactions

Joseph Edward Sweeney, a Pres-AWM Products & Services at Ameriprise Financial, reported the acquisition and disposal of common stock and phantom stock on July 11, 2024.

Summary

• On July 11, 2024, Joseph Edward Sweeney, an officer at Ameriprise Financial Inc., reported transactions involving Ameriprise Financial common stock and phantom stock.
• Sweeney acquired 310.549 shares of common stock through phantom stock conversion.
• He also disposed of 149.549 shares of common stock at a price of $439.82.
• Following these transactions, Sweeney directly owns 7,161 shares of common stock.
• Additionally, Sweeney indirectly owns 291.901 shares through a 401(k) plan.
• He also holds 849.2376 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It allows investors to monitor the actions of key personnel and their sentiment towards the company's prospects.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates