American Express (NYSE: AXP) exec sells 8,134 common shares in open market

Rhea-AI Filing Summary

American Express executive Howard Grosfield sold 8,134 shares of common stock in an open-market transaction at $346.73 per share. The sale occurred on February 12, 2026. Following the transaction, he directly owned 9,433.089 American Express shares and indirectly held 98.7 shares through the company’s 401(k) retirement savings plan, which uses unit accounting tied to a pooled stock fund.

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
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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^*

Grosfield Howard

(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)
	Group Pres., U.S. Cons. Serv.

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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	02/12/2026		S		8,134	D	$346.73	9,433.089	D
Common Stock								98.7	I	401(k) Trust(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

Explanation of Responses:

1. Shares held in reporting person's account under the Company's Retirement Savings Plan. This plan uses unit accounting, and the number of shares that a participant is deemed to hold varies with the unit price of the Company pooled stock fund.

	/s/ James J. Killerlane III, attorney-in-fact	02/13/2026
	** 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.

FAQ

What insider transaction in AXP stock did Howard Grosfield report?

Howard Grosfield reported selling 8,134 shares of American Express common stock in an open-market transaction. The sale was disclosed in a Form 4 filing and reflects activity by the Group President, U.S. Consumer Services, on February 12, 2026, under Section 16 reporting rules.

At what price were Howard Grosfield’s American Express (AXP) shares sold?

The reported American Express shares were sold at $346.73 per share. This price applies to the 8,134 shares disposed of in the open-market transaction on February 12, 2026, as disclosed in the Form 4 insider trading report for Howard Grosfield.

How many AXP shares does Howard Grosfield own after the reported sale?

After the sale, Howard Grosfield directly owned 9,433.089 American Express shares. The Form 4 also shows an additional 98.7 shares held indirectly through a 401(k) trust account, reflecting his remaining beneficial ownership following the February 12, 2026 transaction.

What is the nature of Howard Grosfield’s indirect AXP share ownership?

Howard Grosfield’s indirect ownership consists of 98.7 American Express shares held in a 401(k) trust account. The company’s retirement savings plan uses unit accounting, so the deemed share amount can change with the unit price of the pooled company stock fund.

What role does Howard Grosfield hold at American Express (AXP)?

Howard Grosfield is an officer of American Express, serving as Group President, U.S. Consumer Services. His status as an executive officer requires reporting transactions in American Express common stock on Form 4 under Section 16 of the Securities Exchange Act of 1934.

Was the reported AXP insider transaction by Howard Grosfield direct or indirect?

The sale of 8,134 American Express shares was reported as directly owned stock. In addition to this direct holding, the Form 4 lists 98.7 shares as indirectly owned through a 401(k) trust, reflecting both forms of his beneficial ownership after the transaction.