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American Express officer proposes $2.39M share sale

Accepted by SEC EDGAR Learn about SEC filing dates
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Form Type
144

Rhea-AI Filing Summary

American Express Company officer Glenda McNeal reported a proposed sale of 7,033 common shares, with an aggregate market value of $2,386,690.75 and an approximate sale date of June 15, 2026. Morgan Stanley Smith Barney LLC is named as broker. The listed acquisitions were through restricted stock vesting under a registered plan: 1,373 shares on January 29, 2023, and 5,660 shares on February 1, 2026.

Proposed sale 7,033 common shares Approximate sale date: June 15, 2026
Aggregate market value $2,386,690.75 Proposed sale of common shares
Shares outstanding 682,326,443 shares Outstanding share count stated in the notice
Shares acquired through restricted stock vesting 1,373 shares January 29, 2023
Shares acquired through restricted stock vesting 5,660 shares February 1, 2026
Restricted Stock Vesting financial
"Restricted Stock Vesting Under a Registered Plan"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Registered Plan financial
"Restricted Stock Vesting Under a Registered Plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
Aggregate Market Value financial
"Aggregate Market Value"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many AXP shares does Glenda McNeal plan to sell?

The proposed sale is 7,033 common shares, with an aggregate market value of $2,386,690.75 and an approximate sale date of June 15, 2026.

How did Glenda McNeal acquire the AXP shares listed for sale?

The listed acquisitions were 1,373 shares through restricted stock vesting on January 29, 2023, and 5,660 shares through restricted stock vesting on February 1, 2026, under a registered plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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