AXP executive nets shares from award vesting

American Express executive Rafael Marquez, President, International Card, reported equity compensation activity in company common stock.

Rhea-AI Filing Summary

American Express executive Rafael Marquez, President, International Card, reported equity compensation activity 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 performance goals and continued employment. To cover taxes from this vesting, 8,122 shares were surrendered at $352.17 per share. After these transactions, Marquez directly owned 17,270.363 shares of American Express common stock, including shares previously acquired through dividend reinvestment.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Marquez Rafael

Role President, International Card

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	17,280	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	8,122	$352.17	$2.86M

Holdings After Transaction: Common Stock — 17,270.363 shares (Direct)

Footnotes (3)

1. F1. 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. F2. Includes shares acquired pursuant to dividend reinvestment.
3. F3. The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Restricted Stock Units.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Rafael Marquez report in American Express (AXP) stock?

Rafael Marquez reported equity award vesting and tax withholding. He received 17,280 American Express common shares from vested Performance Restricted Stock Units, then surrendered 8,122 shares at $352.17 each to satisfy related tax obligations, leaving him with 17,270.363 shares directly owned.

How many American Express (AXP) shares does Rafael Marquez own after this Form 4?

Rafael Marquez directly owns 17,270.363 AXP shares after the transactions. This figure reflects the net result following the vesting of 17,280 Performance Restricted Stock Unit shares and the surrender of 8,122 shares to meet tax obligations on February 1, 2026.

What is the nature of the 17,280 American Express (AXP) shares acquired by Rafael Marquez?

The 17,280 AXP shares came from vesting Performance Restricted Stock Units. These units were granted in February 2023 and vested based on specified performance criteria and Rafael Marquez’s continued employment, converting into common stock at no purchase price to the executive.

Why were 8,122 American Express (AXP) shares disposed of by Rafael Marquez?

The 8,122 AXP shares were surrendered to cover tax obligations. The Form 4 explains this disposition satisfied taxes arising from the vesting of Performance Restricted Stock Units, using shares valued at $352.17 each instead of a separate cash payment.

Did Rafael Marquez’s American Express (AXP) transaction involve open-market buying or selling?

The reported activity reflects award vesting and tax withholding, not open-market trades. Shares were acquired at no cost through vesting of Performance Restricted Stock Units and a portion was surrendered back to satisfy tax obligations triggered by that vesting.

What role does Rafael Marquez hold at American Express (AXP) in this Form 4 filing?

Rafael Marquez is identified as President, International Card at American Express. He is an officer, but not a director or 10% owner, and the reported transactions involve his personal holdings of American Express common stock received through performance-based equity compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/03/2026 - 04:33 PM Learn about SEC filing dates

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^*

Marquez Rafael

(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)
	President, International Card

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)	25,392.363(2)	D
Common Stock	02/01/2026		F(3)		8,122	D	$352.17	17,270.363	D

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.

Remarks:

Exhibit 24: Power of Attorney

	/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.
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