Form 4: Ameriprise Financial Executive VP and CFO Reports Stock Transaction

Walter Stanley Berman, Executive VP and CFO of Ameriprise Financial, reported a disposition of 384 shares of common stock on January 26, 2025, to cover tax obligations.

Summary

• Walter Stanley Berman, the Executive VP and CFO of Ameriprise Financial, filed a Form 4 disclosing a transaction involving the company's stock.
• On January 26, 2025, Mr. Berman disposed of 384 shares of Ameriprise Financial common stock at a price of $563.58 per share.
• This transaction was a disposition of shares to cover tax obligations.
• Following the transaction, Mr. Berman directly owns 6,025 shares of Ameriprise Financial common stock.
• Additionally, Mr. Berman indirectly owns 359.54 shares through the Ameriprise Financial 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock transaction, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like Ameriprise Financial, similar to filings made by executives at companies such as Prudential Financial (PRU) and Lincoln National Corporation (LNC).
• These filings are required by the SEC to ensure transparency in insider trading activities.
• The transaction is a common occurrence for executives who receive stock-based compensation and need to cover tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Ameriprise Financial, Stock Transaction, Executive VP, CFO, Walter Stanley Berman, Share Disposition, Tax Obligations, 401(k) Plan