AmEx director granted 742 share-equivalent units

Pike Lynn Ann reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Pike Lynn Ann reported acquisition or exercise transactions in this Form 4 filing.

American Express director Lynn Ann Pike received a grant of 742.115 Share Equivalent Units tied to the company’s common stock. Each unit reflects the value of one common share and was awarded under the Directors' Deferred Compensation Plan as compensation rather than an open-market trade.

Following this grant, Pike holds a total of 9,256.498 Share Equivalent Units, which will be settled in cash after her service as a director ends. The units are convertible upon termination of service and have no expiration date, and additional units can accrue through a dividend reinvestment feature.

Insider Trade Summary

Grant/Award: 742.115 shares

Grant/Award 1 txn

Insider Pike Lynn Ann

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Share Equivalent Units	742.115	$0.00	$0.00

Holdings After Transaction: Share Equivalent Units — 9,256.498 contracts (Direct)

Footnotes (4)

1. F1. Each Share Equivalent Unit reflects the value of one common share.
2. 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.
3. F3. The Share Equivalent Units are convertible immediately upon termination of service as a Director and have no expiration date.
4. F4. Includes Share Equivalent Units acquired pursuant to a dividend reinvestment feature of the Directors' Deferred Compensation Plan and/or the 2003 Share Equivalent Unit Plan for Directors.

Key Figures

Share Equivalent Units granted: 742.115 units Total Share Equivalent Units after grant: 9,256.498 units Grant price per unit: $0.0000 per unit +1 more

4 metrics

Share Equivalent Units granted 742.115 units Grant on 2026-05-05 under Directors' Deferred Compensation Plan

Total Share Equivalent Units after grant 9,256.498 units Holdings following reported compensation grant

Grant price per unit $0.0000 per unit Compensation award, not an open-market purchase

Underlying common stock linkage 1 unit = 1 share value Each Share Equivalent Unit reflects one common share’s value

Key Terms

Share Equivalent Units, Directors' Deferred Compensation Plan, dividend reinvestment feature, 2003 Share Equivalent Unit Plan for Directors

4 terms

Share Equivalent Units financial

"Each Share Equivalent Unit reflects the value of one common share."

Directors' Deferred Compensation Plan financial

"were acquired pursuant to the Directors' Deferred Compensation Plan and will be settled in cash"

dividend reinvestment feature financial

"Includes Share Equivalent Units acquired pursuant to a dividend reinvestment feature of the Directors' Deferred Compensation Plan"

2003 Share Equivalent Unit Plan for Directors financial

"and/or the 2003 Share Equivalent Unit Plan for Directors."

FAQ

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

What insider transaction did American Express (AXP) report for Lynn Ann Pike?

American Express reported that director Lynn Ann Pike received 742.115 Share Equivalent Units as compensation. These units are tied to the value of American Express common stock and increase her total balance to 9,256.498 units under the company’s director compensation plans.

Are Lynn Ann Pike’s new American Express (AXP) units an open-market share purchase?

No, the 742.115 Share Equivalent Units are a compensation grant, not an open-market purchase. They were acquired under the Directors' Deferred Compensation Plan and represent deferred cash-settled value linked to American Express common stock rather than direct share buying or selling.

How are Lynn Ann Pike’s American Express (AXP) Share Equivalent Units valued and settled?

Each Share Equivalent Unit reflects the value of one American Express common share. The units are part of the Directors' Deferred Compensation Plan and will be settled in cash after her service as a director ends, rather than by delivering actual company shares.

When can Lynn Ann Pike’s American Express (AXP) Share Equivalent Units be converted?

The Share Equivalent Units are convertible immediately upon termination of Lynn Ann Pike’s service as a director. They have no expiration date, meaning they remain outstanding until her board service ends and are then settled in cash according to the plan terms.

What is Lynn Ann Pike’s total position in American Express (AXP) Share Equivalent Units after this grant?

After receiving 742.115 additional Share Equivalent Units, Lynn Ann Pike holds a total of 9,256.498 units. This total includes units granted under the Directors' Deferred Compensation Plan and units accumulated through a dividend reinvestment feature associated with the director plans.

How can Lynn Ann Pike accumulate additional American Express (AXP) Share Equivalent Units over time?

Her total Share Equivalent Units can grow through new compensation grants and a dividend reinvestment feature. Under this feature, amounts equivalent to dividends on American Express common stock are credited as additional units within the Directors' Deferred Compensation Plan and related director plans.

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

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Accepted by SEC EDGAR 05/07/2026 - 04:19 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^*

Pike Lynn Ann

(Last) (First) (Middle)

C/O AMERICAN EXPRESS COMPANY

200 VESEY STREET

(Street)

NEW YORK NEW YORK 10285-5001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN EXPRESS CO [ AXP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Share Equivalent Units	(1)	05/05/2026		A(2)		742.115		(3)	(3)	Common Stock	742.115	$0	9,256.498(4)	D

Explanation of Responses:

1. Each Share Equivalent Unit reflects the value of one common share.

2. 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.

3. The Share Equivalent Units are convertible immediately upon termination of service as a Director and have no expiration date.

4. Includes Share Equivalent Units acquired pursuant to a dividend reinvestment feature of the Directors' Deferred Compensation Plan and/or the 2003 Share Equivalent Unit Plan for Directors.

Remarks:

Exhibit 24: Power of Attorney

	/s/ James J. Killerlane III, attorney-in-fact	05/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)