EVP/GC Heather Melloh sells 1,500 AMP shares at $512.34 (36.9% of holdings) for $768,502.50
Heather Melloh, EVP and General Counsel of Ameriprise Financial, sold 1,500 shares (1.5K shares) at $512.34 on 2025-09-04, reducing her holdings from 4,062 shares (4.1K shares) to 2,562 shares (2.6K shares). This represents a substantial reduction of 36.9% of her pre-transaction position. The sale occurred at $512.34, which is above the current price of $492.44 and above the 52-week midpoint, but the stock remains -14.4% from its 52-week high of $575.13. Given the company's strong fundamentals—annual revenue growth of +11.1%, quarterly revenue of $4.4B, quarterly net income of $1.1B, and a reasonable P/E of 14.39—the transaction reflects a material liquidation by a senior executive rather than a signal tied to visible operational deterioration. The timing and scale warrant observation for any emerging context around capital allocation or executive positioning.