Form 4: Ameriprise Financial Inc. Executive Dawn M. Brockman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Dawn M. Brockman, SVP and Controller at Ameriprise Financial Inc., reports transactions involving common stock and phantom stock, including the vesting of phantom stock and a disposition of shares to cover tax obligations.
Summary
- On July 11, 2024, Dawn M. Brockman, SVP and Controller of Ameriprise Financial Inc., reported changes in her beneficial ownership of the company's stock.
- These changes include the vesting of 10.6955 shares of phantom stock, which convert to common stock.
- Brockman also disposed of 3.6955 shares of common stock to satisfy tax withholding obligations at a price of $439.82 per share.
- Following these transactions, Brockman directly owns 1,295 shares of common stock.
- Additionally, Brockman indirectly owns 142.9765 shares through the Ameriprise Financial 401(k) plan as of July 11, 2024.
- Brockman also owns 283.9446 shares of phantom stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership and transactions.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of the reported transactions (vesting of phantom stock and disposition of shares). |
| 07/11/2024 | Date of the estimate of shares held in the 401(k) plan. |
| 07/15/2024 | Date of signature on the Form 4 filing. |
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