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AMERIPRISE FINANCIAL INC·4

Feb 3, 9:00 PM ET

TRUSCOTT WILLIAM F 4

Research Summary

AI-generated summary

Updated

Ameriprise (AMP) William Truscott Receives Awards; 345 Shares Withheld

What Happened

  • William F. Truscott, CEO, Global Asset Management at Ameriprise (AMP), received equity awards and had a small number of shares withheld to satisfy tax withholding. On Feb 2, 2026 he was granted 2,536 shares (stock award) and 8,288 derivative securities (options/other equity awards). On Jan 31, 2026, 345 shares were disposed/forfeited to cover tax liability at $527.19 per share, totaling $181,881.
  • Net immediate change: 2,536 awarded − 345 withheld = 2,191 shares added to his indirect LLC holdings; plus 8,288 derivative awards that are subject to vesting.

Key Details

  • Transaction dates and amounts:
    • 2026-01-31: 345 shares surrendered/forfeited to satisfy tax withholding at $527.19 each = $181,881 (code F).
    • 2026-02-02: Grant/acquisition of 2,536 shares @ $0.00 (code A).
    • 2026-02-02: Grant/acquisition of 8,288 derivative securities @ $0.00 (code A, derivative).
  • Shares owned after transaction: filing does not list a specific post-transaction total; footnote F2 notes an estimated Ameriprise 401(k) stock-fund holding is reported separately and varies with fund-unit accounting.
  • Notable footnotes:
    • F1: The 345-share forfeiture reflects shares withheld to satisfy tax withholding upon vesting; remaining vested shares were transferred to the reporting person’s indirect LLC holdings.
    • F2: Estimate of shares held in the Ameriprise 401(k) fund as of Feb 2, 2026 (unit accounting).
    • F3: The 8,288 derivative awards vest one-third after 1 year, one-third after 2 years, and the remainder after 3 years from Feb 2, 2026.
  • Filing timeliness: Report filed Feb 3, 2026 covering transactions through Feb 2, 2026 — indicated as timely (no late filing flag).

Context

  • The 2,536-share award is an equity grant; the 8,288 derivative award appears to be option-like and vests over three years (per F3). The 345-share disposition was routine tax withholding tied to vesting, not an open-market sale—common for equity compensation. Awards are compensation, not the same as an open-market purchase, so they do not necessarily signal personal bullish buying.