American Express (AXP) Chief Partner Officer sells 7,033 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Express Company Chief Partner Officer Glenda G. McNeal sold 7,033 shares of common stock in an open-market transaction. The sale on June 15, 2026 was executed at a weighted average price of $339.36 per share, with individual trade prices ranging from $339.11 to $339.53.
Following this sale, McNeal directly holds 9,715.139 shares of American Express common stock. The reported holdings include shares that were previously acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,033 shares ($2,386,719)
Net Sell
1 txn
Insider
McNeal Glenda G
Role
Chief Partner Officer
Sold
7,033 shs ($2.39M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,033 | $339.36 | $2.39M |
Holdings After Transaction:
Common Stock — 9,715.139 shares (Direct, null)
Footnotes (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 $339.11 to $339.53. 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. Includes shares acquired pursuant to dividend reinvestment.
Key Figures
Shares sold: 7,033 shares
Weighted average sale price: $339.36 per share
Post-transaction holdings: 9,715.139 shares
+1 more
4 metrics
Shares sold
7,033 shares
Open-market sale of American Express common stock
Weighted average sale price
$339.36 per share
Average price for multiple sale transactions
Post-transaction holdings
9,715.139 shares
Directly held American Express common stock after sale
Sale price range
$339.11–$339.53
Range of individual trade prices on sale date
Key Terms
open-market sale, weighted average price, dividend reinvestment, non-derivative
4 terms
open-market sale financial
"The sale was categorized as an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is a weighted average price rounded to the nearest cent."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dividend reinvestment financial
"Includes shares acquired pursuant to dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
non-derivative financial
"The transaction involved non-derivative common stock."
FAQ
What insider transaction did American Express (AXP) report for Glenda McNeal?
American Express reported that Chief Partner Officer Glenda G. McNeal sold 7,033 shares of common stock. The transaction was an open-market sale and left her with 9,715.139 directly held shares after completion.
What type of transaction was reported in this American Express (AXP) Form 4?
The Form 4 shows a non-derivative open-market sale of American Express common stock. It is categorized under transaction code “S,” indicating a sale in the open market or a private transaction at market-based prices.