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

Role
President, U.S. Consumer Serv
Signature
/s/ Kristina V. Fink, attorney-in-fact
Issuer symbol
AXP
Transactions as of
30 Jul 2023
Net transactions value
+$1,300,776
Form type
4
Filing time
01 Aug 2023, 16:10:37 UTC
Previous filing
10 Mar 2023
Next filing
31 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXP Common Stock Award $2,910,245 +17,592 +249% $165.43 24,666 30 Jul 2023 Direct F2
transaction AXP Common Stock Tax liability $1,609,468 -9,729 -39% $165.43 14,937 30 Jul 2023 Direct F3
holding AXP Common Stock 96 30 Jul 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.