AmEx (NYSE: AXP) chief gets 17,280 shares, withholds 9,146 for taxes

Rhea-AI Filing Summary

American Express Group President U.S. Consumer Services Howard Grosfield reported equity transactions in company common stock. On February 1, 2026, he acquired 17,280 shares at no cost from the vesting of Performance Restricted Stock Units granted in February 2023, based on meeting performance criteria and continued employment. The total also includes shares from dividend reinvestment.

On the same date, 9,146 shares were surrendered at $352.17 per share to cover tax obligations from this vesting. After these transactions, Grosfield directly owns 17,567.089 shares of American Express common stock and has an additional 98.7 shares indirectly through a 401(k) Retirement Savings Plan account that uses unit accounting.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Grosfield Howard

Role Group Pres., U.S. Cons. Serv.

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	17,280	$0.00	--
Tax Withholding	Common Stock	9,146	$352.17	$3.22M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 26,713.089 shares (Direct); Common Stock — 98.7 shares (Indirect, 401(k) Trust)

Footnotes (1)

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. Includes shares acquired pursuant to dividend reinvestment. 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 →

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^*

Grosfield Howard

(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)
	Group Pres., U.S. Cons. Serv.

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/01/2026		A(1)		17,280	A	(1)	26,713.089(2)	D
Common Stock	02/01/2026		F(3)		9,146	D	$352.17	17,567.089	D
Common Stock								98.7	I	401(k) Trust(4)

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. 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. Includes shares acquired pursuant to dividend reinvestment.

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

4. 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.

FAQ

What insider transaction did AXP executive Howard Grosfield report on February 1, 2026?

Howard Grosfield reported vesting of 17,280 American Express (AXP) common shares from Performance Restricted Stock Units. These units were granted in February 2023 and vested after performance criteria were met and his continued employment, increasing his directly held stock before tax withholding.

How many AXP shares did Howard Grosfield surrender for taxes in this Form 4?

He surrendered 9,146 American Express (AXP) shares to satisfy tax obligations from the vesting of Performance Restricted Stock Units. The shares were valued at $352.17 each, and this disposition was specifically for tax withholding rather than an open-market sale.

How many AXP shares does Howard Grosfield own directly after these transactions?

After the reported transactions, Howard Grosfield directly owns 17,567.089 American Express (AXP) common shares. This figure reflects the vesting of 17,280 shares and the surrender of 9,146 shares for tax purposes recorded in the same Form 4 filing.

What are Performance Restricted Stock Units mentioned in the AXP Form 4?

In this filing, Performance Restricted Stock Units are share-based awards granted in February 2023 that convert into common stock when performance criteria are satisfied and employment continues. Upon vesting, they delivered 17,280 American Express (AXP) shares to Howard Grosfield.

Does Howard Grosfield hold any AXP shares through a retirement plan?

Yes. He holds 98.7 American Express (AXP) shares indirectly through the company’s Retirement Savings Plan 401(k) trust. The plan uses unit accounting, so the number of deemed shares varies with the pooled stock fund’s unit price over time.

Were any of the AXP shares in this Form 4 acquired through dividend reinvestment?

Yes. The filing states that Grosfield’s reported holdings include shares acquired through dividend reinvestment. These reinvested dividends are part of his total directly owned American Express (AXP) common stock balance following the February 1, 2026 transactions.