How many share equivalent units does Charles E. Phillips Jr. now hold at American Express (AXP)?

After the latest award, Charles E. Phillips Jr. holds 10,501.273 Share Equivalent Units. Each unit reflects the value of one American Express common share and will ultimately be settled in cash after his board service ends.

At what value were the new share equivalent units granted to the American Express (AXP) director?

The 56.131 Share Equivalent Units granted to Charles E. Phillips Jr. reference a value of $334.0400 per unit. This value reflects the underlying American Express common stock used to determine the deferred compensation amount credited to the director.

Are the American Express (AXP) share equivalent units for the director settled in stock or cash?

The Share Equivalent Units awarded to Charles E. Phillips Jr. are settled in cash, not stock. They are part of the Directors' Deferred Compensation Plan and convert into a cash payment after his service as a director terminates.

When can Charles E. Phillips Jr. access his American Express (AXP) share equivalent units?

The Share Equivalent Units are payable after Charles E. Phillips Jr. terminates his service as a director. They are immediately convertible upon termination and have no expiration date, according to the plan’s terms disclosed in the filing.

American Express (AXP) director awarded 56.131 share equivalent units in deferred pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

AMERICAN EXPRESS CO director Charles E. Phillips Jr. reported a compensation-related award of share equivalent units tied to the company’s common stock. He acquired 56.131 Share Equivalent Units at a reference value of $334.0400 per unit under the Directors' Deferred Compensation Plan, with each unit reflecting one common share and settling in cash after his board service ends. Following this grant, he holds a total of 10,501.273 Share Equivalent Units, which convert into cash based on the value of American Express common stock upon termination of service as a director.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PHILLIPS JR CHARLES E

Role null

Type	Security	Shares	Price	Value
Grant/Award	Share Equivalent Units	56.131	$334.04	$19K

Holdings After Transaction: Share Equivalent Units — 10,501.273 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. 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: 56.131 units Reference value per unit: $334.0400 per unit Total units after transaction: 10,501.273 units +1 more

4 metrics

Share Equivalent Units granted 56.131 units Award under Directors' Deferred Compensation Plan on 2026-06-30

Reference value per unit $334.0400 per unit Share Equivalent Units tied to common stock value

Total units after transaction 10,501.273 units Share Equivalent Units held following the award

Underlying security shares 56.131 shares Common stock equivalent for the awarded units

Key Terms

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

4 terms

Directors' Deferred Compensation Plan financial

"The reported Share Equivalent Units 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."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:17 PM Accepted by SEC EDGAR 07/02/2026 - 04:16 PM

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^*

PHILLIPS JR CHARLES E

(Last)

(First)

(Middle)

C/O AMERICAN EXPRESS COMPANY

200 VESEY STREET

(Street)

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)
06/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Share Equivalent Units	⁽¹⁾	06/30/2026		A⁽²⁾		56.131		⁽³⁾	⁽³⁾	Common Stock	56.131	$334.04	10,501.273⁽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.

	/s/ James J. Killerlane III, attorney-in-fact	07/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did American Express (AXP) report for Charles E. Phillips Jr.?

American Express reported that director Charles E. Phillips Jr. received 56.131 Share Equivalent Units as a compensation-related award. These units track the value of one common share each and are part of the company’s Directors' Deferred Compensation Plan.