Smyth Gerard P., EVP of Technology and CIO, has demonstrated a clear selling bias in his trading activity involving Ameriprise Financial (AMP), the only company in which he has reported transactions. Over 31 filings, his total sell value of $5.98 million significantly outweighs his $1.16 million in purchases. The most notable disposals occurred on February 26, 2024, when Smyth executed multiple sales totaling $1.79 million alongside option exercises valued at $1.01 million. More recently, between January 26 and February 2, 2026, he conducted a series of smaller sales—$570,604, $483,380, $555,637, and $71,697—without any offsetting buys during that period.
His acquisition activity has been sporadic, with the largest purchase being a $787,500 award on February 7, 2025, followed by a $67,999 buy on February 9, 2024. The pattern suggests Smyth has been gradually reducing his position, particularly in early 2026, when all reported transactions were sales. While some filings show awards or option exercises with no immediate monetization (coded "A" or "M"), the overall trend leans toward liquidation rather than accumulation. The absence of recent purchases and the consistency of disposals over two years indicate a sustained divestment approach in AMP shares.
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