Ameriprise HR EVP exercises phantom stock units
Ameriprise Financial Inc. executive Kelli A. Hunter Petruzillo exercised 207.1850 phantom stock units into common stock on July 9, 2026.
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Form Type
4
Rhea-AI Filing Summary
Ameriprise Financial Inc. executive Kelli A. Hunter Petruzillo exercised 207.1850 phantom stock units into common stock on July 9, 2026. Of these, 98.1850 shares were withheld to satisfy tax obligations, leaving her with 4,208.0000 common shares held directly, 249.5400 shares indirectly in a 401(k) plan, and 1,109.2321 phantom stock units remaining.
Insider Trade Summary
207.185 shares exercised/converted
Exercise
4 txns
Insider
HUNTER PETRUZILLO KELLI A.
Role
Exec VP of Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock F1, F3 | 207.185 | -- | -- |
| Exercise | Common Stock F1 | 207.185 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 98.185 | $500.16 | $49K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 1,109.2321 contracts (Direct);
Common Stock — 4,208 shares (Direct);
Common Stock — 249.54 shares (Indirect, By 401(k) Plan)
Footnotes (3)
- F1. Each share of phantom stock represents the right to receive one share of Ameriprise Financial, Inc. common stock.
- F2. 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.
- F3. 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 units exercised: 207.1850 units
Shares withheld for taxes: 98.1850 shares
Tax withholding reference price: $500.1600 per share
+3 more
6 metrics
Phantom stock units exercised
207.1850 units
Phantom stock converted into Ameriprise common stock on July 9, 2026
Shares withheld for taxes
98.1850 shares
Common shares delivered to satisfy tax obligations on July 9, 2026
Tax withholding reference price
$500.1600 per share
Price applied to the 98.1850-share tax-withholding disposition
Direct common shares after transactions
4,208.0000 shares
Ameriprise common stock held directly by the executive after July 9, 2026
401(k) plan holdings
249.5400 shares
Estimated Ameriprise shares in the Ameriprise Financial Stock Fund under 401(k) as of July 9, 2026
Remaining phantom stock units
1,109.2321 units
Phantom stock payable in Ameriprise common stock after termination or in a future year
Key Terms
phantom stock, Deferred Compensation Plan, unit accounting
3 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.
unit accounting financial
"This plan uses unit accounting and the number of shares that a participant is deemed to hold..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AMP executive Kelli A. Hunter Petruzillo report?
Kelli A. Hunter Petruzillo exercised 207.1850 phantom stock units into Ameriprise common stock. As part of the same event, 98.1850 shares were withheld to cover tax obligations, and her direct and indirect share holdings were updated accordingly.
What is the role of tax withholding in the AMP insider Form 4 for Kelli A. Hunter Petruzillo?
The report shows 98.1850 shares were disposed of through tax withholding rather than an open-market sale. These shares were delivered to satisfy tax liabilities arising from the exercise of phantom stock units into Ameriprise common stock.
What are Kelli A. Hunter Petruzillo’s remaining phantom stock holdings in AMP?
She holds 1,109.2321 phantom stock units after the transactions. Each unit represents the right to receive one Ameriprise common share, payable after termination of employment or in a specified future year under the deferred compensation plan.
Does the AMP insider transaction involve open-market buying or selling by Kelli A. Hunter Petruzillo?
The reported activity reflects an exercise of phantom stock units and tax withholding, not open-market purchases or sales. Shares were acquired through conversion of phantom stock, with a portion delivered to cover tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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