Alvero Gumer, President of Insurance & Annuities at Ameriprise Financial (AMP), has demonstrated a clear selling bias in his recent insider transactions, with $7.57 million in total sales outweighing $1.85 million in purchases across 27 reported trades. His activity has been exclusively concentrated in AMP shares, with no transactions in other companies. The most significant disposals occurred on February 9, 2026, when Gumer executed three separate sales totaling $5.83 million—including a $2.53 million open market sale (code S), a $2.69 million disposition following the exercise of derivative securities (code F), and two smaller $617,319 and $616,491 sales (both code M). This follows a similar pattern from March 27, 2024, when he sold $721,930 worth of shares (code S) while simultaneously exercising $1.13 million in derivative securities (code F).
Gumer’s transactions show a consistent rhythm of equity dispositions, often paired with the exercise of derivative positions. While he has made occasional acquisitions—such as a $46,750 award (code A) on February 7, 2025, and a $42,500 purchase (code A) on February 9, 2024—these are dwarfed by the scale of his sales. The most recent filings indicate an acceleration in selling, with all three of his latest transactions in early 2026 being disposals. Smaller, periodic sales—such as the $167,439 and $179,40 transactions on January 27, 2026—suggest an ongoing reduction in his AMP holdings rather than isolated, large-scale exits. The data reflects a sustained trend of monetizing equity, primarily through open market sales and derivative settlements.
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