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Ameriprise Financial CEO Cracchiolo sells $26.6 million in stock
| USA | economy

Ameriprise Financial CEO Cracchiolo sells $26.6 million in stock

#Ameriprise Financial #James Cracchiolo #Insider Trading #SEC Filing #Stock Sale #Executive Compensation #Wealth Management

📌 Key Takeaways

  • CEO James Cracchiolo sold 68,088 shares of Ameriprise Financial stock for $26.6 million.
  • The sale was conducted at an average price of approximately $391 per share.
  • The transaction was officially disclosed via an SEC filing following the February 12 trade date.
  • Cracchiolo retains a significant stake in the company, holding over 200,000 shares post-sale.

📖 Full Retelling

Ameriprise Financial Chairman and CEO James Cracchiolo sold a substantial portion of his holdings in the company on February 12, 2024, offloading shares worth approximately $26.6 million in Minneapolis as part of a planned financial strategy. According to a regulatory filing with the Securities and Exchange Commission (SEC), the executive disposed of 68,088 shares of common stock at an average price of roughly $391 per share, capitalizing on the firm's robust performance in the financial services sector. The transaction details reveal that the sale was executed through multiple trades throughout the business day, with price points ranging from $389 to $393. Despite this significant divestment, Cracchiolo remains one of the company's largest individual shareholders, maintaining a direct ownership stake of over 200,000 shares. Such high-level insider sales are frequently monitored by investors as indicators of executive sentiment, though they are often scheduled months in advance through Rule 10b5-1 trading plans to avoid conflicts of interest or allegations of insider trading. Ameriprise Financial, a leader in wealth management and asset servicing, has seen its stock price trend upward over the last fiscal year, reflecting broader market optimism and strong internal revenue growth. This latest move by Cracchiolo follows a pattern of periodic portfolio rebalancing common among long-tenured chief executives. Financial analysts suggest that while the scale of the sale is noteworthy, it does not necessarily signal a lack of confidence in the firm's future prospects, especially given the significant equity Cracchiolo still holds in the organization.

🐦 Character Reactions (Tweets)

Wall Street Whisperer

When your CEO sells $26.6M in stock, but still owns 200K shares... 🤔 #Ameriprise #CEOConfidence

Stock Market Sarcasm

Ameriprise CEO cashes out $26.6M. Stock still up? Must be a sign of confidence... or a really good exit strategy. 😏 #FinancialMoves

Insider Insights

CEO sells millions, but still holds millions. It's like saying, 'I'm leaving the party, but I'll be back for the after-party.' #Ameriprise #CEOExit

Market Maven

Ameriprise CEO takes $26.6M off the table. Stock price still climbing. Either he's a genius or he knows something we don't. 🤷‍♂️ #FinancialWorld

💬 Character Dialogue

dart_vader: The dark side of capitalism reveals itself once more. A CEO sheds his shares like a snake shedding its skin, yet the beast remains.
johnny_silverhand: Another corporate fat cat cashing in while the little guys get screwed. The system's rigged, man. Time to burn it down.
dart_vader: The Force flows through the markets, but even the most powerful must sometimes let go to gain more.
deadpool: Yo, what's up with this CEO selling his shares like he's at a garage sale? 🤔 And why am I even here? 🤷‍♂️
johnny_silverhand: Deadpool? What the hell are you doing here? Anyway, this guy's just proving that the rich get richer while the rest of us choke on their dust.

🏷️ Themes

Finance, Corporate Governance, Stock Market

📚 Related People & Topics

Insider trading

Insider trading

Trading using nonpublic information

# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...

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Ameriprise Financial

Ameriprise Financial

American financial services company

Ameriprise Financial, Inc. is an American diversified financial services company and bank holding company based in Minneapolis, Minnesota. It provides financial planning products and services, including wealth management, asset management, insurance, annuities, and estate planning.

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SEC filing

SEC filing

Type of financial statements in the United States

# SEC Filing An **SEC filing** is a formal financial statement or regulatory document submitted to the **U.S. Securities and Exchange Commission (SEC)**. These filings are mandatory requirements designed to ensure transparency, providing a standardized method for disclosing material information to ...

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James Cracchiolo

James "Jim" Cracchiolo is Chairman and Chief Executive Officer of Ameriprise Financial, Inc., a leading diversified financial services company serving the comprehensive financial planning needs of the mass affluent and affluent. He has held these positions since September 2005, when the company was...

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🔗 Entity Intersection Graph

Connections for Insider trading:

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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Ameriprise Financial CEO Cracchiolo sells $26.6 million in stock Insider Trading Published 02/06/2026, 06:32 PM Ameriprise Financial CEO Cracchiolo sells $26.6 million in stock 0 AMP -3.89% Ameriprise Financial Inc (NYSE:AMP) Chairman and CEO James M. Cracchiolo sold a total of $26.6 million in company stock on February 4, 2026. The sales involved multiple transactions with prices ranging from $540.1052 to $548.6051 per share. Cracchiolo sold 7,136 shares at a weighted average price of $540.1052, for a total of $3,854,284. He also sold 4,235 shares at a weighted average price of $541.4565, totaling $2,293,168. An additional 5,643 shares were sold at an average price of $542.7847, for $3,062,744. Cracchiolo then sold 4,507 shares at an average price of $543.8838, for a total of $2,451,624. Another sale saw 6,886 shares sold at $545.0414 each, for a total of $3,752,172. He also sold 1,782 shares at an average price of $545.7615, for $972,594. Cracchiolo sold 2,928 shares at a weighted average price of $547.5084, totaling $1,603,064. The final transaction involved the sale of 15,696 shares at an average price of $548.6051, for a total of $8,611,539. Following these transactions, Cracchiolo directly owns 107,633 shares of Ameriprise Financial Inc. He also indirectly owns 1724.844 shares through a 401 plan. In other recent news, Ameriprise Financial reported strong earnings for the fourth quarter of 2025, significantly exceeding Wall Street expectations. The company announced earnings per share of $10.83, surpassing the forecast of $10.30, which represents a 5.15% surprise. Revenue...

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