[Form 4] AMERICAN EXPRESS CO Insider Trading Activity
WARDELL LISA W reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
WARDELL LISA W reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN EXPRESS CO director Lisa W. Wardell received a grant of 742.115 Share Equivalent Units tied to common stock. Each unit reflects the value of one common share and was awarded under the Directors' Deferred Compensation Plan as compensation, not an open-market transaction.
Following this award, Wardell holds a total of 10,284.474 Share Equivalent Units. These units will be settled in cash after her termination of service as a director, are immediately convertible upon termination, and have no expiration date, making them a long-term deferred cash-based incentive.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Equivalent Units | 742.115 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Share Equivalent Unit reflects the value of one common share.
- F2. The reported Share Equivalent Units were acquired pursuant to the Directors' Deferred Compensation Plan and will be settled in cash following termination of service as a Director.
- F3. The Share Equivalent Units are convertible immediately upon termination of service as a Director and have no expiration date.
Key Figures
Key Terms
Directors' Deferred Compensation Plan financial
settled in cash financial
termination of service as a Director financial
no expiration date financial
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