TRUSCOTT WILLIAM F 4

What Happened

• William F. Truscott, CEO, Global Asset Management at Ameriprise Financial (AMP), converted 391.64 units of phantom stock into common shares on July 9, 2026. To satisfy tax withholding on the vesting/conversion, 180.64 shares were surrendered (disposed) at $500.16 per share, generating $90,349. The remaining shares were transferred to the reporting person's indirect LLC holdings per the filing footnotes.

Key Details

• Transaction date: July 9, 2026; Form 4 filed July 13, 2026 (filed within the standard 2 business days).
• Exercise/conversion: 391.64 phantom shares (derivative transaction code M).
• Tax withholding/surrender: 180.64 shares disposed at $500.16 each for $90,349 (transaction code F).
• Remaining shares: balances reflect transfer of remaining shares to reporting person's indirect LLC holdings (see footnote F2).
• Relevant footnotes:
  • F1: Each phantom share equals the right to one Ameriprise common share.
  • F4: Phantom shares are payable in common stock under the Deferred Compensation Plan.
  • F2/F3: Filing notes transfer and 401(k) unit-accounting context for holdings.

Context

• This was an exercise/conversion of deferred (phantom) stock, not an open-market purchase or voluntary stock sale; the 180.64-share disposition was to satisfy tax obligations (a routine, cashless withholding/surrender). Such withholding transactions are common following vesting/conversion and do not necessarily indicate a change in the insider’s market view.