Form 4: Ameriprise Financial SVP and Controller Reports Stock Transaction

Dawn M. Brockman, SVP and Controller at Ameriprise Financial, reported a disposition of 22 shares of common stock and an indirect holding of 143.47 shares through a 401(k) plan.

Summary

• Dawn M. Brockman, a Senior Vice President and Controller at Ameriprise Financial, filed a Form 4 indicating a change in beneficial ownership of company stock.
• The transaction involved the disposition of 22 shares of common stock at a price of $563.58 per share on January 26, 2025.
• Additionally, Ms. Brockman indirectly holds 143.47 shares through the Ameriprise Financial 401(k) plan.
• The number of shares held in the 401(k) plan is an estimate as of January 24, 2025, and varies with the price of Ameriprise stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a routine stock transaction by a company insider, with no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in the financial industry to ensure transparency and compliance with regulations.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, as mandated by the Securities and Exchange Commission (SEC).
• Similar filings are made by executives and directors at other financial services companies such as BlackRock, Charles Schwab, and Morgan Stanley, whenever they trade their company's stock.
• The reporting requirements are consistent across all companies, ensuring a level playing field for investors to monitor insider transactions.

Stakeholder Impact

• This transaction has a minimal impact on stakeholders as it is a routine disclosure of an insider stock transaction.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Ameriprise Financial, Insider Trading, 401(k), Dawn M. Brockman