American Express (NYSE: AXP) exec sells 14,000 company shares

Rhea-AI Filing Summary

American Express executive Raymond Joabar reported selling 14,000 shares of common stock in open-market transactions. On February 19, 2026, the Group President, Global Commercial Services, sold 2,835 shares at $338.98, 2,840 shares at $340.03, 4,977 shares at $341.14, and 3,348 shares at $341.95.

The reported prices are weighted averages for multiple trades within ranges from $338.46 to $342.36. After these sales, he held 8,702.026 shares directly, plus 1,486.996 shares indirectly through a spouse and 253.46 shares indirectly via a 401(k) plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Joabar Raymond

(Last) (First) (Middle)

200 VESEY STREET, AMERICAN EXPRESS TOWER

(Street)

NEW YORK NY 10285-5001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN EXPRESS CO [ AXP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Grp. Pres., Global Comm. Serv.

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/19/2026		S		2,835	D	$338.98(1)	19,867.026	D
Common Stock	02/19/2026		S		2,840	D	$340.03(2)	17,027.026	D
Common Stock	02/19/2026		S		4,977	D	$341.14(3)	12,050.026	D
Common Stock	02/19/2026		S		3,348	D	$341.95(4)	8,702.026	D
Common Stock								1,486.996	I	By Spouse
Common Stock								253.46	I	By 401(k)(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $338.46 to $339.45. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

2. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $339.48 to $340.44. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

3. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $340.60 to $341.59. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

4. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $341.60 to $342.36. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

5. 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.

	/s/ James J. Killerlane III, attorney-in-fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

How many American Express (AXP) shares did Raymond Joabar sell?

Raymond Joabar reported selling 14,000 American Express common shares in total. The Form 4 shows four separate open-market transactions on February 19, 2026, with individual blocks of 2,835, 2,840, 4,977, and 3,348 shares at different weighted average prices.

At what prices did Raymond Joabar sell his AXP shares?

He sold shares at weighted average prices of $338.98, $340.03, $341.14, and $341.95. Footnotes explain each price reflects multiple trades within ranges between $338.46 and $342.36, and detailed breakdowns are available from American Express or the SEC staff on request.

What is Raymond Joabar’s position at American Express (AXP)?

Raymond Joabar is reported as Group President, Global Commercial Services at American Express. This senior executive role is disclosed in the Form 4 as his officer title, indicating he is a key member of the company’s leadership team involved in global commercial services.

How many American Express shares does Raymond Joabar own after the sale?

After the reported sales, he directly owned 8,702.026 American Express shares. The filing also shows indirect holdings of 1,486.996 shares attributed to a spouse and 253.46 shares held through a 401(k) plan account under the company’s Retirement Savings Plan.

Were Raymond Joabar’s American Express transactions open-market sales?

Yes, the Form 4 describes each transaction as an open-market sale of common stock. The transaction code “S” is defined in the filing as a sale in the open market or a private transaction, with no indication of exercises, gifts, or tax-withholding dispositions.

How does the American Express Retirement Savings Plan holding work for AXP shares?

The filing notes that shares in the Retirement Savings Plan use unit accounting. The number of American Express shares a participant is deemed to hold can change with the unit price of the pooled company stock fund, affecting reported indirect ownership over time.