Howard Grosfield - Jul 30, 2023 Form 4 Insider Report for AMERICAN EXPRESS CO (AXP)

Signature
/s/ Kristina V. Fink, attorney-in-fact
Stock symbol
AXP
Transactions as of
Jul 30, 2023
Transactions value $
$1,300,776
Form type
4
Date filed
8/1/2023, 04:10 PM
Previous filing
Mar 10, 2023
Next filing
Jan 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXP Common Stock Award $2.91M +17.6K +248.69% $165.43 24.7K Jul 30, 2023 Direct F2
transaction AXP Common Stock Tax liability -$1.61M -9.73K -39.44% $165.43 14.9K Jul 30, 2023 Direct F3
holding AXP Common Stock 96.2 Jul 30, 2023 401(k) Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in reporting person's account under the Company's Retirement Savings Plan. This plan uses unit accounting, and the number of shares that a participant is deemed to hold varies with the unit price of the Company pooled stock fund.
F2 Represents shares acquired pursuant to vesting of Performance Stock Awards that were granted to the reporting person in July 2021 and have vested based upon the satisfaction of performance criteria specified for the award at time of grant.
F3 The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Stock Units.