Form 4: Ameriprise Financial Executive VP, Global CIO, William Davies, Reports Stock Disposal
SEC Form 4 Filing
William Davies, Executive VP and Global CIO of Ameriprise Financial, disposed of 96.5928 shares of common stock on January 26, 2025, to cover tax obligations.
Summary
- William Davies, an Executive VP and Global CIO at Ameriprise Financial, reported a transaction involving the disposal of company stock.
- On January 26, 2025, Mr. Davies disposed of 96.5928 shares of Ameriprise Financial common stock.
- The disposal was executed at a price of $563.58 per share.
- This transaction resulted in a decrease in Mr. Davies' direct holdings of Ameriprise Financial stock.
- Following the transaction, Mr. Davies directly owns 13,292.2672 shares of common stock, which includes 190.33 shares credited for dividend equivalents on deferred stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transaction. It does not indicate any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a routine filing related to stock transactions by company executives, which is common practice in publicly traded companies. It provides transparency into the trading activities of key personnel.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
- Similar filings are made by executives at companies like BlackRock, Morgan Stanley, and Goldman Sachs when they trade their company's stock.
- The transaction is typical for executives who receive stock-based compensation and may need to sell shares 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
| Date | Description |
|---|---|
| 01/26/2025 | Date of the stock disposal transaction. |
| 01/28/2025 | Date the Form 4 was signed. |
Keywords
Ameriprise Financial, William Davies, stock disposal, executive compensation, insider trading, Form 4, common stock, dividend equivalents
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