AmEx (NYSE: AXP) exec's spouse sells 40 shares, keeps 1,487

Rhea-AI Filing Summary

American Express Group President Raymond Joabar reported several small open-market trades in American Express common stock held indirectly through his spouse. The most recent transactions were sales of 24 shares at $309.85 and 16 shares at $301.27. After these sales, his spouse held 1,486.996 indirectly owned shares. Separate holding entries dated September 15, 2023 show 8,702.026 shares held directly and 253.68 shares held indirectly through 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)
09/15/2023

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	09/15/2023		P		9	A	$162.94	1,512.996(1)(2)	I	By Spouse
Common Stock	09/27/2023		P		2	A	$150.01	1,514.996(2)	I	By Spouse
Common Stock	10/17/2023		P		1	A	$154.37	1,515.996(2)	I	By Spouse
Common Stock	12/06/2023		P		5	A	$168.52	1,520.996(2)	I	By Spouse
Common Stock	12/07/2023		P		2	A	$169.11	1,522.996(2)	I	By Spouse
Common Stock	02/23/2024		P		2	A	$214.64	1,524.996(2)	I	By Spouse
Common Stock	04/09/2025		P		2	A	$261.56	1,526.996(2)	I	By Spouse
Common Stock	03/02/2026		S		24	D	$309.85	1,502.996(2)	I	By Spouse
Common Stock	03/13/2026		S		16	D	$301.27	1,486.996(2)	I	By Spouse
Common Stock								8,702.026	D
Common Stock								253.68	I	By 401(k)

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 reporting person's spouse owned 17 shares of common stock prior to the reporting person's initial Form 3 filing. These shares were omitted from the reporting person's Form 3 due to an inadvertent administrative error.

2. The amount of shares reported reflect shares beneficially owned by the reporting person as of the date hereof, after giving effect to each such transaction reported herein and all transactions reported prior to the date hereof.

Remarks:

This Form 4 is being file to report transactions that were not previously reported due to inadvertent administrative errors. Certain of the transactions reported on this Form 4 resulted in disgorgable profits under Section 16(b) of the Securities Exchange Act of 1934, as amended, which the reporting person has previously remitted in full to the Issuer.

	/s/ James J. Killerlane III, attorney-in-fact	03/13/2026
	** 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 transactions did Raymond Joabar report for American Express (AXP)?

Raymond Joabar reported multiple small trades in American Express common stock. The Form 4 shows several open-market purchases and, most recently, two open-market sales of stock held indirectly through his spouse, along with updated direct and 401(k) plan holdings in American Express shares.

How many AXP shares did Joabar's spouse sell and at what prices?

Joabar's spouse sold a total of 40 American Express shares. The reported sales were 24 shares on March 2, 2026 at $309.85 per share and 16 shares on March 13, 2026 at $301.27 per share, both classified as open-market sale transactions.

What are Raymond Joabar's indirect American Express holdings after these trades?

After the latest sales, Joabar’s spouse holds 1,486.996 indirect shares. These shares are reported as beneficially owned by Joabar through his spouse. The Form 4 notes that the amounts reflect ownership after giving effect to all transactions reported to date.

What direct and 401(k) American Express holdings does Joabar report in this filing?

The filing shows 8,702.026 shares held directly by Joabar. It also reports 253.68 American Express shares held indirectly through a 401(k) plan as of September 15, 2023, in addition to the separate indirect holdings reported as owned by his spouse.

Are Joabar’s recent AXP insider transactions large relative to his reported holdings?

The reported trades are small compared with holdings shown in the filing. The two most recent sales total 40 shares, while separate holding entries disclose thousands of shares held directly and additional shares held indirectly through both his spouse and a 401(k) plan.

What types of transactions are disclosed in Joabar’s American Express Form 4?

The Form 4 discloses open-market purchases and open-market sales. Several earlier transactions are coded as purchases, while the most recent two are coded as sales, all involving American Express common stock held indirectly through Joabar’s spouse, plus updated holding-only entries for direct and 401(k) ownership.