AmEx executive sells 23,385 shares after exercise

American Express executive Denise Pickett, President, Enterprise Shared Services, reported a combination of option exercise and share sale.

Rhea-AI Filing Summary

American Express executive Denise Pickett, President, Enterprise Shared Services, reported a combination of option exercise and share sale. On February 5, 2026, she exercised 12,660 employee stock options at $173.61 per share, receiving the same number of American Express common shares.

That same day she sold 23,385 common shares at an average price of $356.91 per share. After these transactions, she directly owned 7,753.936 common shares, plus an additional 1,820 shares held indirectly through the company’s Employee Stock Ownership Plan.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Pickett Denise

Role Pres., Enterprise Shared Serv.

Sold 23,385 shs ($8.35M)

Approx. gross sale proceeds $8.35M

Approx. exercise cost $2.20M

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	12,660	$0.00	$0.00
Exercise	Common Stock	12,660	$173.61	$2.20M
Sale	Common Stock	23,385	$356.91	$8.35M
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 7,753.936 shares (Direct); Common Stock — 1,820 shares (Indirect, By ESOP)

Footnotes (1)

1. F1. Shares held in the reporting person's account under the Company's Employee Stock Ownership Plan.

FAQ

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

What insider transaction did Denise Pickett report at American Express (AXP)?

Denise Pickett reported exercising stock options and selling common shares of American Express. She exercised 12,660 employee stock options and then sold 23,385 common shares, all dated February 5, 2026, as disclosed in the Form 4 insider trading report.

How many American Express (AXP) options did Denise Pickett exercise?

Denise Pickett exercised 12,660 employee stock options with a conversion price of $173.61 per share. These options converted into 12,660 shares of American Express common stock, which then contributed to her subsequent sale and updated share ownership position.

At what price did Denise Pickett sell American Express (AXP) shares?

Denise Pickett sold 23,385 American Express common shares at an average price of $356.91 per share. This sale followed the same-day exercise of 12,660 employee stock options, as detailed in the Form 4 transaction table for February 5, 2026.

How many American Express (AXP) shares does Denise Pickett own after the transactions?

After the reported transactions, Denise Pickett directly owned 7,753.936 American Express common shares. She also had 1,820 additional shares held indirectly through the company’s Employee Stock Ownership Plan, according to the Form 4 holding details and footnote (1).

What happened to Denise Pickett’s American Express (AXP) stock options?

Denise Pickett’s 12,660 employee stock options, exercisable at $173.61 and expiring February 1, 2033, were fully exercised on February 5, 2026. Following this option exercise, the Form 4 shows zero derivative securities remaining beneficially owned by her in that option grant.

How are ESOP shares reported for Denise Pickett at American Express (AXP)?

Denise Pickett’s Employee Stock Ownership Plan holdings are reported as indirect ownership. The filing notes 1,820 American Express shares held in her account under the company’s ESOP, clarifying that these are recorded separately from her directly held common shares.

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Accepted by SEC EDGAR 02/06/2026 - 04:06 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^*

Pickett Denise

(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)
	Pres., Enterprise Shared Serv.

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		12,660	A	$173.61	31,138.936	D
Common Stock	02/05/2026		S		23,385	D	$356.91	7,753.936	D
Common Stock								1,820	I	By ESOP(1)

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			12,660	02/01/2026	02/01/2033	Common Stock	12,660	$0	0	D

Explanation of Responses:

1. Shares held in the reporting person's account under the Company's Employee Stock Ownership Plan.

	/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.