American Express insider files Form 144 for $5M stock sale

Rhea-AI Filing Summary

American Express Co. (AXP) Form 144 indicates an insider intends to sell 16,998 common shares through Morgan Stanley Smith Barney on 06 Aug 2025. The proposed sale is valued at roughly $5.0 million, versus 695.9 million shares outstanding, or <0.003 % of the float.

The same filer disposed of 61,721 shares for $18.36 million on 05 Aug 2025. Shares to be sold were recently acquired via option exercise, implying a liquidity or diversification move rather than open-market buying.

Form 144 merely grants eligibility to sell under Rule 144; execution is not guaranteed. Given the small size relative to market cap, the filing is unlikely to affect AXP’s capital structure or near-term valuation, but it provides a datapoint on insider sentiment that investors may track.

Positive

• None.

Negative

• Form 144 reveals insider intent to sell 16,998 shares, adding to 61,721 shares sold recently, which may be viewed as a modest bearish insider signal.

Insights

Securities Analyst

TL;DR: Minor insider sale; negligible dilution; sentiment watch.

The planned 16.9k-share sale (<$5 M) and prior 61.7k-share disposal represent a tiny fraction of AXP’s float. Such activity rarely shifts supply-demand dynamics but can signal the insider’s view that present valuation is attractive for profit-taking after option exercise. With no operational data disclosed, the event is informational rather than fundamentally value-changing.

Corporate Governance Specialist

TL;DR: Routine Rule 144 filing; governance impact minimal.

Rule 144 filings demonstrate compliance with resale regulations and enhance transparency. The signatory attests to possessing no undisclosed adverse information, reducing litigation risk. Absent evidence of large-scale disposal or clustered insider selling, I regard the governance implications as neutral. Investors should simply note timing against upcoming disclosures.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	16998	5011547.54	695882227	08/06/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/06/2025	Exercise of options under a registered plan	Issuer			16998	08/06/2025	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
LAUREEN E SEEGER 200 Vesey Street New York NY 10285	Common	08/05/2025	61721	18360041.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many American Express (AXP) shares are slated for sale in the Form 144?

16,998 common shares are eligible for sale under Rule 144, valued at about $5.0 million.

What percentage of AXP’s outstanding shares does 16,998 shares represent?

Roughly 0.003 % of the company’s 695,882,227 shares outstanding.

When is the approximate sale date listed in the filing?

The filing cites an approximate sale date of 06 Aug 2025.

Has the filer sold American Express shares recently?

Yes. The filer sold 61,721 shares on 05 Aug 2025 for $18.36 million in gross proceeds.

Does a Form 144 guarantee that the insider will sell the shares?

No. The form only permits resale under Rule 144; the insider may choose not to execute the trade.