Two executives at Ameriprise Financial Inc. (AMP) divested a significant amount of company stock on July 28, 2026. Chairman and CEO James M. Cracchiolo sold 16,120 shares for approximately $8.79 million, while Executive Vice President and CFO Walter Stanley Berman sold 10,590 shares valued at around $5.81 million. The combined transactions totaled approximately $14.60 million.
These sales occurred within the context of broader market activity. While insider selling can be attributed to various personal financial strategies such as diversification or tax planning, multiple sales by senior management can sometimes draw investor attention. The company's stock has seen recent trading activity from other insiders as well.