Ameriprise executive exercises phantom stock units

Ameriprise Financial executive William F. Truscott, CEO of Global Asset Management, reported the vesting and conversion of 391.6398 shares of phantom stock into Ameriprise common stock on July 9, 2026.

Rhea-AI Filing Summary

Ameriprise Financial executive William F. Truscott, CEO of Global Asset Management, reported the vesting and conversion of 391.6398 shares of phantom stock into Ameriprise common stock on July 9, 2026. Of these, 180.6398 shares were forfeited to cover tax obligations at $500.1600 per share, with remaining shares reflected in his direct, 401(k) and LLC holdings, and 639.1184 phantom stock units still outstanding.

Insider Trade Summary

391.6398 shares exercised/converted

Exercise 5 txns

Insider TRUSCOTT WILLIAM F

Role CEO, GLOBAL ASSET MANAGEMENT

Type	Security	Shares	Price	Value
Exercise	Phantom Stock F1, F4	391.6398	--	--
Exercise	Common Stock F1	391.6398	--	--
Tax Withholding	Common Stock F2	180.6398	$500.16	$90K
holding	Common Stock F2	--	--	--
holding	Common Stock F3	--	--	--

Holdings After Transaction: Phantom Stock — 639.1184 contracts (Direct); Common Stock — 4,794 shares (Direct); Common Stock — 12,360 shares (Indirect, By LLC); Common Stock — 309.79 shares (Indirect, By 401(k) Plan)

Footnotes (4)

1. F1. Each share of phantom stock represents the right to receive one share of Ameriprise Financial, Inc. common stock.
2. F2. 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. F3. 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 9, 2026. 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. F4. 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

Phantom stock converted: 391.6398 shares Shares withheld for taxes: 180.6398 shares Tax withholding valuation price: $500.1600 per share +4 more

7 metrics

Phantom stock converted 391.6398 shares Shares of phantom stock converted into Ameriprise common stock on July 9, 2026

Shares withheld for taxes 180.6398 shares Common shares delivered to satisfy tax withholding obligations on vesting

Tax withholding valuation price $500.1600 per share Price used to value shares forfeited in the F-code tax-withholding transaction

Direct common stock holdings 4794.0000 shares Ameriprise common stock held directly by William F. Truscott after tax withholding

Indirect LLC holdings 12360.0000 shares Ameriprise common stock held indirectly through an LLC associated with the reporting person

401(k) plan holdings 309.7900 shares Estimated Ameriprise Financial Stock Fund units in the 401(k) plan as of July 9, 2026

Remaining phantom stock units 639.1184 units Phantom stock balance payable in Ameriprise common shares under the Deferred Compensation Plan

Key Terms

phantom stock, Deferred Compensation Plan, tax withholding, unit accounting

4 terms

phantom stock financial

"Each share of phantom stock represents the right to receive one share..."

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.

Deferred Compensation Plan financial

"in accordance with 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.

tax withholding financial

"forfeiture of shares to satisfy tax withholding upon vesting"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

unit accounting financial

"This plan uses unit accounting and the number of shares that a participant..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did William F. Truscott report in his Ameriprise (AMP) Form 4?

He reported vesting and conversion of 391.6398 phantom stock units into Ameriprise common shares on July 9, 2026, with 180.6398 shares forfeited to cover taxes and updated balances across direct holdings, a 401(k) plan and an LLC.

How many Ameriprise (AMP) shares were withheld for William F. Truscott’s taxes, and at what price?

The report shows 180.6398 Ameriprise common shares were forfeited to satisfy tax withholding obligations, valued at $500.1600 per share. This F‑code transaction reflects payment of tax liability using shares, rather than an open‑market sale.

What are William F. Truscott’s Ameriprise (AMP) share holdings after this report?

After these transactions, he holds 4794.0000 Ameriprise common shares directly, 309.7900 shares via a 401(k) plan, and 12360.0000 shares indirectly through an LLC, plus 639.1184 phantom stock units that remain in the deferred compensation program.

What is phantom stock in Ameriprise (AMP)’s compensation plans?

Each unit of phantom stock represents the right to receive one share of Ameriprise common stock. These units are payable in shares following termination of employment or in a specified future year under The Ameriprise Financial Deferred Compensation Plan.

How are Ameriprise (AMP) 401(k) holdings reported for William F. Truscott?

His 401(k) position is reported as an estimated 309.7900 shares in the Ameriprise Financial Stock Fund as of July 9, 2026. The plan uses unit accounting, so the deemed share count varies with Ameriprise’s stock price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/13/2026 - 07:45 PM Accepted by SEC EDGAR 07/13/2026 - 07:44 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 MINNESOTA 55474

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

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

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

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

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	07/09/2026		M		391.6398	A	(1)	5,185.6398	D
Common Stock	07/09/2026		F		180.6398	D	$500.16	4,794(2)	D
Common Stock								12,360(2)	I	By LLC
Common Stock								309.79(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)	07/09/2026		M			391.6398	(4)	(4)	Common Stock	391.6398	(1)	639.1184	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 9, 2026. 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	07/13/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)