American Express director granted 742 share units
PARKHILL KAREN L reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
PARKHILL KAREN L reported acquisition or exercise transactions in this Form 4 filing.
American Express director Karen L. Parkhill received a grant of 742.115 Share Equivalent Units tied to the value of the company’s common stock. These units were granted under the Directors' Deferred Compensation Plan and will be settled in cash after she leaves the board.
Following this award, Parkhill holds a total of 9,256.498 Share Equivalent Units. Each unit reflects the value of one common share and is convertible into a cash payment upon termination of service as a director, with no expiration date. The total includes units accumulated through a dividend reinvestment feature for directors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Equivalent Units | 742.115 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each Share Equivalent Unit reflects the value of one common share.
- 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.
- F3. The Share Equivalent Units are convertible immediately upon termination of service as a Director and have no expiration date.
- F4. 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
Key Terms
Directors' Deferred Compensation Plan financial
dividend reinvestment feature financial
AI-generated analysis. How Rhea-AI works. Not financial advice.