Form 4: Ameriprise Financial SVP and Controller Reports Stock Transaction

Dawn M. Brockman, SVP and Controller at Ameriprise Financial, reported a transaction involving the disposition of common stock to cover tax obligations related to her 401(k) plan.

Summary

• Dawn M. Brockman, a Senior Vice President and Controller at Ameriprise Financial, filed a Form 4 with the SEC.
• The filing reports a transaction on January 28, 2025, where 22 shares of common stock were disposed of at a price of $571.84 per share.
• This transaction was to cover tax obligations related to her 401(k) plan.
• The filing also notes that Ms. Brockman indirectly owns 143.44 shares through her 401(k) plan, with the number of shares fluctuating based on the stock price.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US.
• The transaction is typical for executives managing their equity compensation and tax obligations.
• Similar filings are made by executives at other financial services companies such as BlackRock, Morgan Stanley, and Goldman Sachs.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Stock Transaction, Ameriprise Financial, Dawn M. Brockman, 401(k), Common Stock