Ameriprise CFO Sells Shares Worth $18.8 Million Amid Modest Stock Performance
Walter Stanley Berman, Executive VP and CFO of Ameriprise Financial (AMP), sold shares worth $18.8 million on July 28, 2026, according to an SEC Form 4 filing. The transaction involved the exercise of options followed by a sale at prices above $548 per share. Despite this activity, Berman still holds over 3,000 shares directly and indirectly through his retirement account. Ameriprise Financial's stock had gained just 5% in the year leading up to the transaction date but dipped slightly afterward. The company reported strong financial performance with TTM revenue of $18.9 billion and net income of $3.9 billion, while returning a significant portion of earnings to shareholders through buybacks and dividends. The sale is seen as part of typical executive compensation activity rather than an indicator of concern for investors. Ameriprise continues to generate strong cash flow and has substantial excess capital that supports both growth investments and shareholder returns.
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