American Express (NYSE: AXP) director receives 742 share-equivalent units in grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PARKHILL KAREN L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Equivalent Units | 742.115 | $0.00 | -- |
Holdings After Transaction:
Share Equivalent Units — 9,256.498 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: 742.115 units
Total Share Equivalent Units after grant: 9,256.498 units
Unit-to-share value: 1 unit = value of 1 common share
+2 more
5 metrics
Share Equivalent Units granted
742.115 units
Director grant on May 5, 2026
Total Share Equivalent Units after grant
9,256.498 units
Holdings following reported transaction
Unit-to-share value
1 unit = value of 1 common share
Each Share Equivalent Unit reflects one AXP common share
Exercise/conversion price
$0.0000
Share Equivalent Units under director compensation plan
Settlement terms
Cash settlement after termination
Payable following termination of service as a director
Key Terms
Share Equivalent Units, Directors' Deferred Compensation Plan, dividend reinvestment feature, 2003 Share Equivalent Unit Plan for Directors
4 terms
Directors' Deferred Compensation Plan financial
"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"