Director at American Express (NYSE: AXP) receives 742 deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Young Christopher David reported acquisition or exercise transactions in this Form 4 filing.
American Express director Christopher David Young received a grant of 742.115 Share Equivalent Units, each tied to the value of one common share. These units were issued under the Directors' Deferred Compensation Plan and will be settled in cash after his service as a director ends, bringing his total Share Equivalent Units to 20,811.843.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Young Christopher David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Equivalent Units | 742.115 | $0.00 | -- |
Holdings After Transaction:
Share Equivalent Units — 20,811.843 shares (Direct, null)
Footnotes (1)
- Each Share Equivalent Unit reflects the value of one common share. 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. The Share Equivalent Units are convertible immediately upon termination of service as a Director and have no expiration date.
Key Figures
Share Equivalent Units granted: 742.115 units
Total Share Equivalent Units after grant: 20,811.843 units
Transaction 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
20,811.843 units
Holdings following reported transaction
Transaction price per unit
$0.0000 per unit
Awarded as compensation, not a market purchase
Underlying common stock equivalence
1 unit = 1 common share value
Each unit reflects value of one American Express common share
Key Terms
Share Equivalent Units, Directors' Deferred Compensation Plan, Form 4, cash settled
4 terms
Directors' Deferred Compensation Plan financial
"acquired pursuant to the Directors' Deferred Compensation Plan and will be settled in cash"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "AMERICAN EXPRESS CO""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
cash settled financial
"will be settled in cash following termination of service as a Director."
A contract described as cash settled is one where, at the end, one party pays the monetary difference in value rather than delivering the actual underlying asset. For investors this matters because it simplifies transactions (like settling a bet by paying the win amount instead of handing over a physical item), affects liquidity and timing of cash flows, and changes exposure to storage, delivery logistics and certain tax or counterparty considerations.
FAQ
What insider transaction did American Express (AXP) report for Christopher David Young?
American Express reported that director Christopher David Young received 742.115 Share Equivalent Units as a grant. Each unit mirrors the value of one common share and was awarded under the Directors' Deferred Compensation Plan disclosed in the filing.