Ameriprise Financial (NYSE: AMP) exec exercises phantom stock and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ameriprise Financial Inc executive William Jerryl Williams, President, Wealth Management Advisor Group, exercised 53.9843 phantom stock units into common stock on July 9, 2026. To cover related tax obligations, 23.9843 common shares were withheld, leaving 17,272.9260 common shares held directly and 15,061.4331 phantom stock units outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
53.984 shares exercised/converted
Mixed
3 txns
Insider
Williams William Jerryl
Role
Pres, Wealth Mgmt Advisor Grp
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 53.984 | -- | -- |
| Exercise | Common Stock | 53.984 | -- | -- |
| Tax Withholding | Common Stock | 23.984 | $500.16 | $12K |
Holdings After Transaction:
Phantom Stock — 15,061.433 shares (Direct);
Common Stock — 17,296.91 shares (Direct)
Footnotes (1)
- Each share of phantom stock represents the right to receive one share of Ameriprise Financial, Inc. common stock. 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.
Key Figures
Common shares from phantom stock exercise: 53.9843 shares
Shares withheld for taxes: 23.9843 shares
Direct common stock holdings: 17,272.9260 shares
+1 more
4 metrics
Common shares from phantom stock exercise
53.9843 shares
Common shares acquired via phantom stock exercise on 2026-07-09
Shares withheld for taxes
23.9843 shares
Common shares delivered to satisfy tax liability on 2026-07-09
Direct common stock holdings
17,272.9260 shares
Ameriprise common shares held directly after transactions on 2026-07-09
Phantom stock units remaining
15,061.4331 units
Phantom stock balance after exercise on 2026-07-09
Key Terms
Phantom Stock, tax-withholding disposition, derivative security, Deferred Compensation Plan
4 terms
Phantom Stock financial
"Security title reported as Phantom Stock linked to Ameriprise common shares"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
tax-withholding disposition financial
"Transaction coded F described as a tax-withholding disposition of shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Code M is defined as an exercise or conversion of a derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Deferred Compensation Plan financial
"Units are payable under The Ameriprise Financial Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
FAQ
What insider equity transactions did Ameriprise Financial (AMP) report for William Jerryl Williams?
Ameriprise reported that William Jerryl Williams exercised 53.9843 phantom stock units into common stock on July 9, 2026, and had 23.9843 common shares withheld to satisfy tax obligations related to this compensation-linked transaction.
What happened to William Jerryl Williams’s Ameriprise (AMP) phantom stock position?
After exercising 53.9843 phantom stock units into common stock, Williams continues to hold 15,061.4331 phantom stock units. Each phantom stock unit represents the right to receive one Ameriprise common share under the company’s deferred compensation arrangements.
Is the Ameriprise (AMP) Form 4 transaction a market sale or tax withholding event?
The Form 4 shows a tax-withholding disposition of 23.9843 common shares, coded “F,” meaning shares were delivered to cover tax liabilities. It does not reflect an open-market sale initiated for portfolio or valuation reasons.
How do Ameriprise (AMP) phantom stock units work for William Jerryl Williams?
Each phantom stock unit represents the right to receive one Ameriprise common share. Units are payable in stock after termination of employment or in a specified future year under The Ameriprise Financial Deferred Compensation Plan, aligning compensation with long-term share performance.