Form 4: Ameriprise Financial Inc. Director Sells Shares
SEC Form 4 Filing
Robert F. Sharpe Jr., a director at Ameriprise Financial Inc., sold 1,000 shares of common stock at an average price of $551.4439 on February 18, 2025.
Summary
- On February 18, 2025, Robert F. Sharpe Jr., a director of Ameriprise Financial Inc., sold 1,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $551.4439 per share, with individual sale prices ranging from $551.37 to $551.49.
- Following the transaction, Sharpe directly owns 3,625 shares of Ameriprise Financial Inc. common stock.
- Sharpe also indirectly owns 9,000 shares through a trust for a family member, 1,650 shares through an irrevocable trust for a family member, and 300 shares through his Rev Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale by a director may or may not reflect a broader trend or sentiment regarding the company's prospects.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of the stock sale transaction. |
| 02/20/2025 | Date of the signature on the Form 4 filing. |
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