Davies William 4

What Happened William Davies, Executive Vice President and Global Chief Investment Officer at Ameriprise Financial (AMP), reported two dispositions to the issuer (not open-market sales) on Jan 26–27, 2026. He surrendered 98.177 shares at $500.53 each for $49,140 on Jan 26, and 114.867 shares at $498.33 each for $57,242 on Jan 27 — totaling 213.044 shares and $106,382 in proceeds. The Form 4 lists these as dispositions (code D), which are different from open‑market sales.

Key Details

• Transaction dates & prices:
  • 2026-01-26: 98.177 shares @ $500.53 = $49,140
  • 2026-01-27: 114.867 shares @ $498.33 = $57,242
• Total: 213.044 shares for $106,382.
• Transaction code: D (Disposition to the issuer).
• Footnote: Includes 14.4477 shares credited for dividend equivalents on deferred stock units (per filing).
• Shares owned after transaction: not specified in the provided report.
• Filing date: Form 4 filed Jan 28, 2026 (covers transactions dated Jan 26–27).

Context A "disposition to the issuer" typically means the insider surrendered shares back to the company (commonly to satisfy tax withholding on awards or deferred units) rather than selling shares on the open market. The footnote indicates some of the shares relate to dividend equivalents on deferred stock units. These types of surrender transactions are generally administrative and do not necessarily signal the insider's view of the company's near-term prospects.