Form 4: Ameriprise Financial Executive VP Walter Stanley Berman Reports Stock Disposal

Executive VP and CFO of Ameriprise Financial, Walter Stanley Berman, reports the disposal of shares to cover tax obligations and updates holdings in the 401(k) plan.

Summary

• Walter Stanley Berman, Executive VP and CFO of Ameriprise Financial, filed a Form 4 detailing changes in beneficial ownership.
• On January 27, 2025, Berman disposed of 573 shares of common stock at a price of $561.38 per share to satisfy tax obligations.
• The filing also reflects an update to the number of shares held indirectly through the Ameriprise Financial 401(k) plan, with 359.56 shares reported.
• Following the reported transaction, Berman directly owns 5,452 shares of Ameriprise Financial common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting routine transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the actions of a high-ranking executive at Ameriprise Financial.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved.

Key Dates