Stephen J. Squeri - 29 Jan 2024 Form 4 Insider Report for AMERICAN EXPRESS CO (AXP)

Role
Chairman and CEO, Director
Signature
/s/ Kristina V. Fink, attorney-in-fact
Issuer symbol
AXP
Transactions as of
29 Jan 2024
Transactions value $
$11,553,219
Form type
4
Filing time
31 Jan 2024, 20:13:39 UTC
Previous filing
31 Jan 2023
Next filing
14 Feb 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 $23.3M +116K +86.27% $201.43 250K 29 Jan 2024 Direct F1, F2
transaction AXP Common Stock Tax liability -$11.8M -58.4K -23.36% $201.43 192K 29 Jan 2024 Direct F3
holding AXP Common Stock 38.8K 29 Jan 2024 by 2020 GRAT
holding AXP Common Stock 76K 29 Jan 2024 by GRAT F4
holding AXP Common Stock 128 29 Jan 2024 401(k) Trust F5
holding AXP Common Stock 0 29 Jan 2024 trusts fbo children

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXP Employee Stock Option (Right to Buy) Award $0 +90.8K $0.00 90.8K 29 Jan 2024 Common Stock 90.8K $116.26 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired pursuant to vesting of Performance Restricted Stock Units (RSU) that were granted to the reporting person in January 2021 and have vested based upon the satisfaction of performance criteria specified for the award at time of grant.
F2 Includes shares acquired pursuant to dividend reinvestment.
F3 The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Restricted Stock Units.
F4 Balance reflects shares transferred from a Grantor Annuity Retained Trust to the Grantor. These transfers are exempt from Section 16 pursuant to rule 16a-13.
F5 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.
F6 The reported acquisition represents the vesting of Stock Options that were granted to the reported person in January 2021. These options became exercisable based on the satisfaction of performance criteria specified for the award at the time of grant.