TRUSCOTT WILLIAM F 4
4 · AMERIPRISE FINANCIAL INC · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Ameriprise (AMP) CEO William Truscott Transfers 609 Shares for Tax
What Happened
William F. Truscott, CEO, Global Asset Management at Ameriprise Financial (AMP), had 609 shares transferred/forfeited to satisfy tax withholding on vested awards. The filing shows 292 shares disposed on 2026-01-26 at $500.53 each ($146,155) and 317 shares disposed on 2026-01-27 at $498.33 each ($157,971), a combined value of about $304,126. These disposals are tax-withholding events (transaction code F), not open-market sales.
Key Details
- Dates and prices: 2026-01-26 — 292 shares @ $500.53 ($146,155); 2026-01-27 — 317 shares @ $498.33 ($157,971).
- Total shares transferred/forfeited: 609; total value ≈ $304,126.
- Shares owned after transaction: The filing does not list a precise post-transaction total; footnote F2 provides an estimate of shares held in the reporting person’s Ameriprise 401(k) stock fund as of Jan 27, 2026 (unit accounting varies with stock price).
- Notable footnotes: F1 — shares were forfeited/withheld to satisfy tax withholding and remaining shares were transferred to the reporting person’s indirect LLC holdings; F2 — 401(k) holding is an estimate due to unit accounting.
- Filing timeliness: Report filed 2026-01-28; appears timely (filed within the standard two-business-day window).
Context
This was a tax-withholding/forfeiture transaction related to vested awards (cashless/forfeiture to cover taxes), not a discretionary open-market sale — such transactions are routine and typically do not signal insider sentiment about the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-26$500.53/sh−292$146,155→ 3,989 total - Tax Payment
Common Stock
[F1]2026-01-27$498.33/sh−317$157,971→ 2,970 total
- 12,290(indirect: By LLC)
Common Stock
[F1] - 307.41(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]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.
- [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 January 27, 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.