Ameriprise SVP exercises phantom stock, covers taxes
Ameriprise Financial executive Dawn M. Brockman, SVP and Controller, reported compensation-related equity movements on July 9, 2026.
Rhea-AI Filing Summary
Ameriprise Financial executive Dawn M. Brockman, SVP and Controller, reported compensation-related equity movements on July 9, 2026. She exercised a derivative award linked to 26.0401 phantom stock units into common stock, while 9.0401 Ameriprise shares were withheld to satisfy tax obligations. She also reported indirect holdings in the Ameriprise Stock Fund within the company 401(k) plan and updated her remaining phantom stock balance, which will be settled in common shares after employment ends or in a specified future year.
Positive
- None.
Negative
- None.
Insider Trade Summary
26.0401 shares exercised/converted
Exercise
4 txns
Insider
Brockman Dawn M.
Role
SVP AND CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock F1, F3 | 26.0401 | -- | -- |
| Exercise | Common Stock F1 | 26.0401 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 9.0401 | $500.16 | $5K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Phantom Stock — 275.6013 contracts (Direct);
Common Stock — 1,185 shares (Direct);
Common Stock — 146.46 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
Shares acquired via derivative exercise: 26.0401 shares
Shares withheld for taxes: 9.0401 shares at $500.1600 per share
Direct common shares after tax withholding: 1185.0000 shares
+2 more
5 metrics
Shares acquired via derivative exercise
26.0401 shares
Common stock acquired through M-coded derivative exercise on July 9, 2026
Shares withheld for taxes
9.0401 shares at $500.1600 per share
F-coded tax-withholding disposition of Ameriprise common stock on July 9, 2026
Direct common shares after tax withholding
1185.0000 shares
Direct Ameriprise common stock holdings following the F-coded tax-withholding transaction
Remaining phantom stock units
275.6013 units
Phantom stock balance payable in Ameriprise common shares under the Deferred Compensation Plan
Estimated 401(k) Ameriprise shares
146.4600 shares
Estimated units in the Ameriprise Financial Stock Fund under the 401(k) plan as of July 9, 2026
Key Terms
Phantom Stock, tax-withholding disposition, 401(k) plan, Deferred Compensation Plan
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.
tax-withholding disposition financial
"Transaction coded F as a tax-withholding disposition to pay tax liability..."
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.
401(k) plan financial
"shares held in the Ameriprise Financial Stock Fund under the Ameriprise Financial 401(k) plan..."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Deferred Compensation Plan financial
"Shares of phantom stock are payable... 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Ameriprise Financial (AMP) report for Dawn M. Brockman?
Ameriprise reported that SVP and Controller Dawn M. Brockman exercised a derivative award tied to 26.0401 phantom stock units into common stock and had 9.0401 shares withheld for taxes, alongside updated 401(k) and phantom stock holdings as of July 9, 2026.
What Ameriprise (AMP) holdings does Dawn Brockman report in the 401(k) plan?
Brockman reports an estimated 146.4600 Ameriprise shares in the Ameriprise Financial Stock Fund under the company 401(k) plan as of July 9, 2026. The plan uses unit accounting, so her deemed share count varies with Ameriprise’s stock price.
How many phantom stock units does Dawn Brockman still hold at Ameriprise (AMP)?
After the reported conversion, Brockman holds 275.6013 units of phantom stock. Each unit represents the right to receive one Ameriprise common share, payable after employment termination or in a specified future year under the Deferred Compensation Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
