Form 4: Ameriprise Financial Executive Sells Shares
SEC Form 4
Gumer Alvero, President of Insurance & Annuities at Ameriprise Financial, sold 2,325 shares of common stock on October 31, 2024.
Summary
- Gumer Alvero, President of Insurance & Annuities at Ameriprise Financial Inc., reported a transaction involving the company's common stock.
- On October 31, 2024, Alvero sold 2,325 shares at a weighted average price of $516.0483 per share, with prices ranging from $515.8001 to $516.1200.
- Following the transaction, Alvero directly owns 4,669 shares of Ameriprise Financial common stock.
- Alvero also indirectly owns 1,050.78 shares through the Ameriprise Financial 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of the stock sale transaction. |
| 10/31/2024 | Date of the estimate of shares held in the 401(k) plan. |
| 11/04/2024 | Date of the signature on the Form 4 filing. |
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