AmEx director granted 742 share equivalent units

Young Christopher David reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 742.115 shares

Grant/Award 1 txn

Insider Young Christopher David

Role Director

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

Holdings After Transaction: Share Equivalent Units — 20,811.843 contracts (Direct)

Footnotes (3)

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.

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

Share Equivalent Units financial

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

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

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

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.

How many Share Equivalent Units does the American Express (AXP) director hold after this grant?

After the latest grant, director Christopher David Young holds 20,811.843 Share Equivalent Units. This figure reflects his total deferred units, which track American Express common share value and are scheduled to be settled in cash following his board service.

Are the American Express (AXP) Share Equivalent Units granted to the director actual shares?

The Share Equivalent Units are not actual shares; they are cash-settled units. Each unit reflects the value of one common share, and they will be paid in cash after the director’s service ends, according to the Directors' Deferred Compensation Plan.

When will the Share Equivalent Units for the American Express (AXP) director be settled?

The Share Equivalent Units granted to director Christopher David Young will be settled in cash after his termination of service as a director. The units are convertible at that time and have no stated expiration date under the plan terms described.

What was the price per Share Equivalent Unit in the American Express (AXP) Form 4 filing?

The Form 4 shows a transaction price of $0.0000 per Share Equivalent Unit for the grant. This indicates a compensation award rather than a market purchase, consistent with the Directors' Deferred Compensation Plan described in the filing footnotes.

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

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Accepted by SEC EDGAR 05/07/2026 - 04:25 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^*

Young Christopher David

(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	20,811.843	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.

	/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)