Form 4: Ameriprise Financial Inc. Executive Sells 1,000 Shares

Sentiment:

SEC Form 4 Filing


Robert Francis Sharpe JR, General Counsel of Ameriprise Financial, sold 1,000 shares of common stock at a price of $523.125 on February 12, 2025.

Summary

  • On February 12, 2025, Robert Francis Sharpe JR, General Counsel of Ameriprise Financial Inc., sold 1,000 shares of common stock.
  • The sale was executed at a price of $523.125 per share.
  • Following the transaction, Sharpe directly owns 3,625 shares of Ameriprise Financial Inc. common stock.
  • Sharpe also indirectly owns 10,000 shares through a trust for a family member, 1,650 shares through an irrevocable trust for a family member, and 300 shares through the Reporting Person's Rev Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't indicate positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

  • The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence and doesn't necessarily indicate a negative outlook.

Key Dates

DateDescription
02/12/2025Date of the stock sale transaction.
02/14/2025Date of signature for the Form 4 filing.

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