[Form 4] Ameriprise Financial, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ameriprise Financial (AMP) – Form 4 filing dated 07/14/2025

Officer William F. Truscott, CEO of Global Asset Management, reported routine equity-compensation activity on 07/10/2025. He exercised 529.7775 phantom-stock units (Code M) into common shares and forfeited 243.7775 shares (Code F) for tax withholding. Net result is an incremental holding of roughly +286 shares. Post-transaction ownership stands at 5,351.7775 direct shares, plus 11,047 indirect shares via an LLC and about 305 shares in the company 401(k) plan. No open-market purchase or sale occurred; the filing reflects normal vesting under the Ameriprise deferred-compensation program.

Insights

Securities Analyst

TL;DR: Routine vesting, small net share gain; immaterial to AMP valuation or sentiment.

The Form 4 shows Mr. Truscott converting deferred phantom stock into 529.78 common shares and surrendering 243.78 shares for taxes, a customary mechanism for executive equity awards. Net ownership rose by roughly 286 shares—negligible versus AMP’s ~100 million-share float. Absence of open-market buying or selling limits the signal value; insider alignment marginally improves but carries no investment thesis implications. I view the disclosure as neutral in impact.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

TRUSCOTT WILLIAM F

(Last) (First) (Middle)

GENERAL COUNSEL'S OFFICE

1098 AMERIPRISE FINANCIAL CENTER

(Street)

MINNEAPOLIS MN 55474

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERIPRISE FINANCIAL INC [ AMP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, GLOBAL ASSET MANAGEMENT

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/10/2025		M		529.7775	A	(1)	5,351.7775	D
Common Stock	07/10/2025		F		243.7775	D	$542.51	4,822(2)	D
Common Stock								11,047(2)	I	By LLC
Common Stock								305.3(3)	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	07/10/2025		M			529.7775	(4)	(4)	Common Stock	529.7775	(1)	1,016.5582	D

Explanation of Responses:

1. Each share of phantom stock represents the right to receive one share of Ameriprise Financial, Inc. common stock.

2. The balances reflect the transfer of the shares remaining following the forfeiture of shares to satisfy tax withholding upon vesting to the reporting person's indirect LLC holdings.

3. Estimate of the number of shares held in the reporting person's account in the Ameriprise Financial Stock Fund under the Ameriprise Financial 401(k) plan as of July 10, 2025. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Ameriprise stock.

4. Shares of phantom stock are payable in shares of Ameriprise common stock following termination of employment or during a specified future year in accordance with The Ameriprise Financial Deferred Compensation Plan.

	/s/ Wendy B. Mahling for William F. Truscott	07/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

How many Ameriprise Financial (AMP) shares did William F. Truscott acquire?

He converted 529.7775 phantom-stock units into AMP common shares on 07/10/2025.

Why were 243.7775 AMP shares disposed of?

Those shares were withheld for tax obligations associated with the vesting event (Transaction Code F).

What is Truscott's total direct shareholding after the transaction?

He now owns 5,351.7775 AMP shares directly.

Does the filing indicate any open-market buying or selling?

No. All transactions relate to equity-compensation vesting; there was no open-market trade.

How many AMP shares does Truscott hold indirectly through an LLC?

His indirect LLC holding is 11,047 shares.

What is Transaction Code M on Form 4?

Code M denotes the exercise or conversion of derivative securities (e.g., phantom stock) into common shares.