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American Express (NYSE: AXP) exec gets 21K shares and 12.7K options

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

American Express executive Denise Pickett reported equity compensation activity. On 02/01/2026 she acquired 21,012 shares of American Express common stock through the vesting of performance restricted stock units granted in February 2023, including shares from dividend reinvestment.

She surrendered 10,287 shares at $352.17 per share to satisfy tax obligations related to this vesting, leaving 18,478.936 common shares held directly and 1,820 shares held through the company’s employee stock ownership plan. In addition, performance stock options for 12,660 shares vested at a $173.61 exercise price, expiring on 02/01/2033.

Positive

  • None.

Negative

  • None.
Insider Pickett Denise
Role Pres., Enterprise Shared Serv.
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) 12,660 $0.00 --
Grant/Award Common Stock 21,012 $0.00 --
Tax Withholding Common Stock 10,287 $352.17 $3.62M
holding Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 12,660 shares (Direct); Common Stock — 28,765.936 shares (Direct); Common Stock — 1,820 shares (Indirect, By ESOP)
Footnotes (1)
  1. Represents shares acquired pursuant to the vesting of Performance Restricted Stock Units that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment. Includes shares acquired pursuant to dividend reinvestment. The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Restricted Stock Units. Shares held in the reporting person's account under the Company's Employee Stock Ownership Plan. Represents the vesting of Performance Stock Options that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment.
Form 4 Insider Transactions: What Each Field Means →
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)
02/01/2026
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 02/01/2026 A(1) 21,012 A (1) 28,765.936(2) D
Common Stock 02/01/2026 F(3) 10,287 D $352.17 18,478.936 D
Common Stock 1,820 I By ESOP(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $173.61 02/01/2026 A(5) 12,660 02/01/2026 02/01/2033 Common Stock 12,660 $0 12,660 D
Explanation of Responses:
1. Represents shares acquired pursuant to the vesting of Performance Restricted Stock Units that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment.
2. Includes shares acquired pursuant to dividend reinvestment.
3. The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Restricted Stock Units.
4. Shares held in the reporting person's account under the Company's Employee Stock Ownership Plan.
5. Represents the vesting of Performance Stock Options that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment.
/s/ James J. Killerlane III, attorney-in-fact 02/03/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Denise Pickett report for American Express (AXP)?

Denise Pickett reported equity compensation activity for American Express, including vesting of performance restricted stock units and performance stock options. She received 21,012 common shares from RSU vesting and 12,660 employee stock options, while surrendering 10,287 shares to cover tax obligations arising from the RSU vesting.

How many American Express shares does Denise Pickett hold after this Form 4?

After the reported transactions, Denise Pickett holds 18,478.936 American Express common shares directly. She also has 1,820 additional shares held indirectly through the company’s Employee Stock Ownership Plan, as well as 12,660 vested employee stock options that are exercisable into common stock.

What stock option grant did Denise Pickett report on the American Express Form 4?

Denise Pickett reported 12,660 employee stock options vesting, each with a $173.61 exercise price. These performance stock options relate to awards granted in February 2023 and are exercisable into American Express common stock until their expiration date of February 1, 2033, if she chooses to exercise.

Why did Denise Pickett surrender American Express shares in this filing?

She surrendered 10,287 American Express common shares at $352.17 per share to satisfy tax obligations. These obligations arose from the vesting of performance restricted stock units granted in February 2023, a common mechanism where part of vested equity is withheld to cover income taxes due.

What are the performance restricted stock units mentioned in the AXP Form 4?

The performance restricted stock units are equity awards granted to Denise Pickett in February 2023 that vest based on performance criteria and continued employment. On February 1, 2026, their vesting resulted in 21,012 American Express common shares being delivered, including shares added through dividend reinvestment.

How are Denise Pickett’s indirect American Express holdings structured?

Denise Pickett’s indirect holdings consist of 1,820 American Express common shares held through the company’s Employee Stock Ownership Plan. These ESOP shares are in an account associated with her employment, separate from the 18,478.936 shares she holds directly in her own name.