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American Express (NYSE: AXP) officer exercises 14,992 options, then sells 27,425 shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

American Express Group President, GMNS Anna Marrs reported an option exercise and share sale. On February 5, 2026, she exercised 14,992 employee stock options at an exercise price of $173.61 per share, acquiring the same number of common shares.

On the same date, she sold 27,425 shares of American Express common stock in open-market transactions at a weighted average price of $350.01 per share, with individual sale prices ranging from $350 to $350.10. After these transactions, she directly owned 20,393.52 common shares of American Express.

Positive

  • None.

Negative

  • None.
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*
Marrs Anna

(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., GMNS
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
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 02/05/2026 M 14,992 A $173.61 47,818.52 D
Common Stock 02/05/2026 S 27,425 D $350.01(1) 20,393.52 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
Employee Stock Option (Right to Buy) $173.61 02/05/2026 M 14,992 02/01/2026 02/01/2033 Common Stock 14,992 $0 0 D
Explanation of Responses:
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 $350 to $350.10. 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.
/s/ James J. Killerlane III, attorney-in-fact 02/06/2026
** 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 Anna Marrs report for American Express (AXP)?

Anna Marrs reported an option exercise and subsequent share sale. She exercised 14,992 employee stock options into common stock, then sold 27,425 American Express shares in the market, all on February 5, 2026, as disclosed in the Form 4 filing.

How many American Express (AXP) shares did Anna Marrs sell and at what price?

She sold 27,425 shares of American Express common stock. The weighted average sale price was $350.01 per share, with individual trades executed between $350 and $350.10, as explained in the footnote to the Form 4 transaction table.

How many stock options did Anna Marrs exercise in this American Express (AXP) Form 4?

She exercised 14,992 employee stock options, each with a $173.61 exercise price. Those options converted into 14,992 shares of American Express common stock, and the derivative position reported as employee stock options was reduced to zero following the transactions.

What is Anna Marrs’ remaining American Express (AXP) share ownership after the Form 4 transactions?

Following the option exercise and share sale, Anna Marrs directly owned 20,393.52 American Express common shares. This figure reflects her updated beneficial ownership reported in the Form 4’s non-derivative securities table after all February 5, 2026 transactions.

What role does Anna Marrs hold at American Express (AXP) in this Form 4?

In the Form 4, Anna Marrs is identified as an officer of American Express with the title “Group Pres., GMNS.” This indicates she is Group President of the Global Merchant and Network Services segment while reporting these equity transactions.

How was the sale price range for Anna Marrs’ American Express (AXP) shares described?

The filing states the $350.01 sale price is a weighted average. Shares were sold in multiple trades at prices from $350 to $350.10, and she undertook to provide detailed breakdowns of shares sold at each price upon request to specified parties.
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