AmEx (NYSE: AXP) CRO nets 7,594 shares after PRSU tax surrender

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

American Express Chief Risk Officer Tabish Douglas reported equity award activity on February 1, 2026. He acquired 9,504 shares of common stock at no cost upon vesting of Performance Restricted Stock Units granted in February 2023, after performance goals were met and employment continued.

To cover related taxes, 4,425 shares were surrendered at a price of $352.17 per share. After these transactions, Douglas beneficially owns 7,594 shares of American Express common stock directly and 103.5 shares indirectly through the company’s Retirement Savings Plan, which uses unit accounting.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Tabish Douglas

Role Chief Risk Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,504	$0.00	--
Tax Withholding	Common Stock	4,425	$352.17	$1.56M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 12,019 shares (Direct); Common Stock — 103.5 shares (Indirect, 401(k) Trust)

Footnotes (1)

Represents shares acquired pursuant to the vesting of Performance Restricted Stock Units that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment. The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Restricted Stock Units. 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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Form 4 Insider Transactions: What Each Field Means →

02/03/2026 - 04:47 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Tabish Douglas

(Last)

(First)

(Middle)

200 VESEY STREET, AMERICAN EXPRESS TOWER

(Street)

NEW YORK

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)
	Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/01/2026		A⁽¹⁾		9,504	A	⁽¹⁾	12,019	D
Common Stock	02/01/2026		F⁽²⁾		4,425	D	$352.17	7,594	D
Common Stock								103.5	I	401(k) Trust⁽³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares acquired pursuant to the vesting of Performance Restricted Stock Units that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment.

2. The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Restricted Stock Units.

3. 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	02/03/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did American Express (AXP) Chief Risk Officer Tabish Douglas report on this Form 4?

Tabish Douglas reported vesting of Performance Restricted Stock Units, giving him 9,504 American Express common shares, and the surrender of 4,425 shares to pay taxes. After these transactions, he holds 7,594 shares directly and 103.5 shares indirectly through the company’s Retirement Savings Plan.

How many American Express (AXP) shares did Tabish Douglas acquire from award vesting?

He acquired 9,504 common shares through the vesting of Performance Restricted Stock Units granted in February 2023. The vesting was based on specified performance criteria being met and his continued employment with American Express, as described in the footnotes to the filing.

Why were 4,425 American Express (AXP) shares surrendered by Tabish Douglas?

The 4,425 shares were surrendered solely to satisfy tax obligations triggered by the vesting of Performance Restricted Stock Units. The shares used for taxes were valued at $352.17 per share, according to the transaction line and explanatory footnote in the Form 4 filing.

How many American Express (AXP) shares does Tabish Douglas own after the reported transactions?

Following the reported transactions, Tabish Douglas beneficially owns 7,594 American Express common shares directly. He also has an indirect interest in 103.5 shares held in his account under the company’s Retirement Savings Plan, which uses unit-based accounting tied to a pooled stock fund.

What are the Performance Restricted Stock Units mentioned in Tabish Douglas’s American Express (AXP) filing?

The Performance Restricted Stock Units are equity awards granted in February 2023 that convert into common shares upon meeting performance criteria and continued employment. When these conditions were satisfied, 9,504 units vested and were delivered as American Express common stock to Tabish Douglas.

How does Tabish Douglas hold American Express (AXP) shares through the Retirement Savings Plan?

Douglas holds 103.5 shares indirectly through American Express’s Retirement Savings Plan. The plan uses unit accounting, meaning his deemed share count changes with the unit price of the company’s pooled stock fund, as explained in the Form 4 footnote regarding plan mechanics.