Smyth Gerard P. 4

What Happened Gerard P. Smyth, EVP & Chief Investment Officer of Ameriprise Financial (AMP), had a small disposition of 136 shares on 2026-01-31 to cover tax obligations from option activity (136 shares @ $527.19, ~$71,698). He was also granted awards on 2026-02-02: 1,014 shares (award, $0 reported) and 3,315 derivative shares (grant, $0 reported), for a combined grant of 4,329 shares. The reported disposition was a tax-withholding event (not a market-sale for cash), while the larger activity consists of awards/derivative grants.

Key Details

• Transactions:
  • 2026-01-31 — 136 shares disposed (F: payment of exercise price or tax liability) @ $527.19 = $71,698 (approx).
  • 2026-02-02 — 1,014 shares acquired (A: grant/award) reported at $0.00.
  • 2026-02-02 — 3,315 derivative shares acquired (A: grant/derivative) reported at $0.00.
• Total newly granted/acquired on 2026-02-02: 4,329 shares (1,014 + 3,315).
• Footnote (F1): The options/awards vest one-third after 1 year, one-third after 2 years, and the final third after 3 years from February 2, 2026 (vesting on ~2027-02-02, 2028-02-02, 2029-02-02).
• Shares owned after the transactions are not provided in the data supplied.
• Filing: Report filed 2026-02-03 (appears to be timely based on provided dates).

Context

• The 136-share disposition is labeled "F" (tax withholding) and appears to cover tax obligations tied to an exercise/grant — this is routine and not necessarily a bearish signal. The 1,014 and 3,315-share items are grants/derivative awards with multi-year vesting, indicating compensation rather than an immediate market purchase. For retail investors, awards that vest over time are a retention/compensation mechanism and do not reflect a direct purchase of stock by the insider.