Form 4: Ameriprise Financial Inc. Director Acquires Phantom Stock
SEC Form 4 Filing
Christopher J. Williams, a director at Ameriprise Financial Inc., acquired phantom stock representing the right to receive common stock, according to a Form 4 filing.
Summary
- On April 29, 2025, Christopher J. Williams, a director of Ameriprise Financial Inc., acquired 43.7294 units of phantom stock.
- Each unit of phantom stock represents the right to receive one share of Ameriprise Financial Inc. common stock.
- Following the transaction, Williams directly owns 3,658.1128 shares of phantom stock.
- The distribution of these deferred stock units is governed by the Ameriprise Financial Deferred Share Plan for Directors, based on elections made by plan participants.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating standard corporate governance practices. It's neither overwhelmingly positive nor negative.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it relates to director compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of phantom stock acquisition |
| 05/01/2025 | Date of Form 4 filing |
Keywords
Form 4, phantom stock, director, Ameriprise Financial Inc., AMP, beneficial ownership, Christopher J. Williams
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