Ameriprise CEO James Cracchiolo Sells $28.9 Million in Shares

Management
โดย The Motley Fool·Read original
Summary · why it matters

Ameriprise Financial Chairman and CEO James M. Cracchiolo disposed of 52,932 shares at $545.69 per share on July 28, 2026, in a transaction valued at approximately $28.9 million. The sale was part of an exercise-and-sell of 52,932 options struck at $165.41, with 34,912 shares withheld to cover tax obligations and 18,020 shares sold on the open market. Following the transaction, Cracchiolo directly holds 107,633 shares and indirectly holds 1,738 shares through the company's 401(k) plan, representing a 33% reduction in his total equity holdings. Ameriprise Financial, with a market capitalization of $48.6 billion, reported second-quarter revenue of nearly $5 billion and adjusted operating earnings per share of $11.07, while assets under management, administration, and advisement rose 14% to $1.8 trillion.

Impact on stocks 1

Financials · 1 stocks
Ameriprise Financial Inc
AMP
▼ NegativeCapitalrelevance

CEO sells shares, reducing holdings by 33%, signaling potential insider bearishness.