MELLOH HEATHER J. 4

What Happened

• Heather J. Melloh, EVP and General Counsel of Ameriprise Financial (AMP), received equity awards and had a small share disposition for tax withholding. The Form 4 shows: 583 shares acquired (grant) and 1,906 derivative shares acquired (grant) on 2026-02-02, each reported at $0.00. Separately, 46 shares were disposed on 2026-01-31 at $527.19 per share as payment of exercise price or tax liability, totaling $24,251. The derivative grant carries a multi-year vesting schedule (see footnote).

Key Details

• Transaction dates and prices:
  • 2026-01-31: 46 shares disposed (tax/withholding) at $527.19 each — total $24,251 (code F).
  • 2026-02-02: 583 shares acquired at $0.00 (grant).
  • 2026-02-02: 1,906 derivative shares acquired at $0.00 (grant of derivative securities).
• Shares owned after the transactions: not specified in the filing.
• Footnote: One-third of the options (derivative award) vest after one year, one-third after two years, and the final third three years from February 2, 2026.
• Filing: Form filed 2026-02-03 (no late filing indicated in the document).

Context

• The 46-share disposition is a tax withholding/payment event (code F), common when equity awards vest or options are exercised; it is not an open-market sale signaling a directional bet.
• The 1,906 "derivative" shares are awards of derivative securities (likely stock options or similar) subject to the stated vesting schedule — these are grants, not immediate purchases.
• Grants/acquisitions are typically more informative about company compensation and retention than brief tax withholdings; no 10% owner or 10b5-1 plan was noted.