Berman Walter Stanley 4

What Happened

• Walter Stanley Berman, Executive Vice President and CFO of Ameriprise Financial (AMP), had a small stock disposition and received stock awards. On 2026-01-31 he disposed of 423 shares at $527.19 per share for total proceeds of $223,001 (transaction coded F — payment of exercise price or tax liability). On 2026-02-02 he was granted 2,790 shares (award, reported at $0.00) and 9,117 derivative units (reported at $0.00).

Key Details

• Sale: 423 shares on 2026-01-31 at $527.19 — proceeds $223,001 (code F: payment of exercise price/tax withholding).
• Grants: 2,790 shares (A) and 9,117 derivative units (A) reported on 2026-02-02, both at $0.00 (typical for awards/option grants).
• Shares owned after transaction: the filing does not state a precise total beneficial ownership; footnote F1 provides an estimate of shares held in the Ameriprise Financial Stock Fund under the company 401(k) plan as of Feb 2, 2026 (unit accounting).
• Vesting: footnote F2 indicates the derivative/options vest in thirds — one-third after 1 year, one-third after 2 years, and the final third three years from Feb 2, 2026.
• Filing: Form 4 filed 2026-02-03 for transactions through 2026-01-31/02-02; no late-filing indication in the report.

Context

• The 423-share disposition appears to be a routine tax-withholding or exercise-related disposition (code F), not an open-market sale intended as a directional bet. The Feb 2 grants are awards/option-related: the derivative units have a multi-year vesting schedule (per F2), so they are not immediately liquid. As always, awards and tax-withholding sales are common and do not necessarily signal management’s view of the company’s near-term prospects.