Ameriprise CEO Sells Shares After Exercising Options
James M. Cracchiolo, chairman and CEO of Ameriprise Financial (AMP), sold 52,932 shares at $545.69 per share on July 28, 2026, as disclosed in an SEC Form 4 filing. The transaction was part of a larger move where Cracchiolo exercised stock options with a strike price of $165.41 and sold the remaining shares after tax withholding to cover liabilities. Post-transaction, he holds 107,633 directly owned shares and an additional 1,738 indirectly through Ameriprise's retirement plan. The sale occurred at nearly record highs for the stock but did not signal a negative outlook from management. In fact, Cracchiolo highlighted strong second-quarter results including revenue growth of 13%, adjusted operating earnings per share up by 22% to $11.07, and assets under management rising to $1.8 trillion. Despite the CEO's insider sale, Ameriprise reported robust financial performance with a return on equity of 55%. The company also returned $932 million to shareholders during the quarter.
Tickers: $AMP