Form 4: Ameriprise SVP Acquires Phantom Stock

Ameriprise Financial's SVP and Controller, Dawn M. Brockman, acquired 8.6557 shares of phantom stock under a deferred compensation plan.

Summary

• Dawn M. Brockman, SVP and Controller of Ameriprise Financial Inc. (AMP), acquired 8.6557 shares of phantom stock.
• The transaction occurred on February 6, 2026.
• Each phantom stock share represents the right to receive one share of Ameriprise Financial common stock.
• The phantom stock was valued at $542.99 per share at the time of acquisition.
• Following this transaction, Brockman beneficially owns 299.5246 shares of derivative securities (phantom stock).
• These shares are payable in Ameriprise common stock upon termination of employment or during a specified future year, as per The Ameriprise Financial Deferred Compensation Plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting routine executive compensation and retention efforts, which generally contribute to management stability and alignment with long-term company goals.

Positives

• The acquisition of phantom stock aligns management's interests with shareholders by linking compensation to company performance.
• Participation in the deferred compensation plan indicates a commitment to long-term retention of key executives.

Future Outlook

The filing indicates future payment of phantom stock shares in Ameriprise common stock upon termination of employment or during a specified future year, aligning with the company's deferred compensation plan.

Industry Context

StockSavvy.ai notes that executive compensation, particularly through equity-based awards like phantom stock, is a common practice in the financial services industry. This mechanism is widely used by companies such as JPMorgan Chase, Bank of America, and Wells Fargo to incentivize and retain senior leadership, aligning their long-term interests with shareholder value creation. The specific grant size for an SVP and Controller at a firm like Ameriprise is generally consistent with industry norms for similar roles and company size.

Comparison to Industry Standards

• The use of phantom stock as a compensation vehicle is a standard practice among large financial institutions, including peers like Morgan Stanley and Goldman Sachs, to defer income and align executive incentives with long-term company performance.
• The valuation of the phantom stock at $542.99 per share reflects the market value of Ameriprise common stock at the time of the grant, a common method for pricing such awards across the industry.
• The structure of the deferred compensation plan, with payouts upon termination or a specified future year, is typical for executive retention programs in the financial sector, similar to those offered by companies like BlackRock and Fidelity.

Related Party Transactions

• The acquisition of phantom stock by a senior officer (Dawn M. Brockman) under The Ameriprise Financial Deferred Compensation Plan constitutes a related party transaction, as it involves compensation between the company and an executive.

Stakeholder Impact

• Shareholders: The transaction aligns executive incentives with long-term shareholder value through equity-based compensation.
• Employees: The deferred compensation plan serves as a retention tool for key management personnel.

Next Steps

• Phantom stock shares will be payable in Ameriprise common stock following termination of employment or during a specified future year, in accordance with The Ameriprise Financial Deferred Compensation Plan.

Key Dates

Keywords

Ameriprise Financial, AMP, Phantom Stock, Insider Transaction, SEC Form 4, Executive Compensation, Deferred Compensation, Dawn M. Brockman