[Form 4] AMERICAN EXPRESS CO Insider Trading Activity
Rhea-AI Filing Summary
American Express (AXP) reported insider transactions by its Chairman and CEO on 10/21/2025 via Form 4. The filing notes a transfer of 17,300 shares from a Grantor Retained Annuity Trust as an annuity payment (exempt under Rule 16a-13) and an acquisition of 11,000 shares in connection with a debt previously contracted (exempt from Section 16(b)). Two GRAT positions of 21,450 and 6,665 shares were transferred out at $0. Following these transactions, the reporting person held 173,980 shares directly, plus 129.38 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insights
Routine insider movements with exempt transfers; neutral impact.
The filing lists internal share movements on 10/21/2025, including a 17,300-share annuity payment from a GRAT and an 11,000-share acquisition tied to a prior debt. The GRAT-related outflows of 21,450 and 6,665 shares were recorded at $0, consistent with exempt transfers.
These entries adjust the form of ownership without indicating open-market buying or selling. Direct holdings are shown at 173,980 shares, with 129.38 in a 401(k) account that uses unit accounting. Actual market impact depends on future actions; this report is administrative in nature.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 21,450 | $0.00 | $0.00 |
| Gift | Common Stock | 6,665 | $0.00 | $0.00 |
| Other | Common Stock | 11,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Balance reflects the transfer of 17,300 shares from a Grantor Retained Annuity Trust (GRAT) to the reporting person as an annuity payment, which is exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934.
- F2. Represents shares of Company common stock transferred to the reporting person in connection with a debt previously contracted, which combined with cash, has a deemed value equal to the amount of debt discharged. Accordingly, such acquisition is exempt from Section 16(b) of the Securities Exchange Act of 1934.
- F3. 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.
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