Form 4: Ameriprise Financial Inc. Director Reports Acquisition of Phantom Stock
SEC Filing
Christopher J. Williams, a director at Ameriprise Financial Inc., reported the acquisition of phantom stock units representing the right to receive common stock.
Summary
- On October 28, 2024, Christopher J. Williams, a director of Ameriprise Financial Inc., filed a Form 4 to report changes in beneficial ownership.
- The report indicates the acquisition of 60.26 units of phantom stock, each representing the right to receive one share of Ameriprise Financial, Inc. common stock.
- Following the transaction, Williams directly owns 3,556.6971 shares of phantom stock.
- The price of the derivative security is $513.4.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of transaction: Christopher J. Williams acquired phantom stock. |
| 10/30/2024 | Date of signature: Wendy B. Mahling signed the report on behalf of Christopher J. Williams. |
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