Welcome to our dedicated page for American Express Co SEC filings (Ticker: AXP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
American Express Company filings document the regulatory record of a global payments company with consumer, small-business, commercial, and merchant-network activities. Current reports and Regulation FD disclosures cover operating results, supplemental financial data, Card Member loan delinquency and write-off statistics for U.S. Consumer and U.S. Small Business portfolios, and risk disclosures tied to spending volumes, partnerships, regulation, litigation, competition, and reputation.
Its filings also address capital structure and governance, including fixed-to-floating rate note issuances under shelf registration materials, common-share dividend actions, annual meeting voting results, director elections, auditor ratification, executive compensation votes, shareholder proposals, and related proxy disclosures.
Lisa W. Wardell, a Director of American Express Company (AXP), reported acquiring 9,276.072 Share Equivalent Units on 09/30/2025 under the company’s Directors' Deferred Compensation Plan.
Each Share Equivalent Unit reflects the value of one common share and the reported units will be settled in cash following termination of Ms. Wardell’s service as a Director. The units are convertible immediately upon termination and have no expiration date. The reported total includes units acquired through a dividend reinvestment feature of the Directors' Deferred Compensation Plan and/or the 2003 Share Equivalent Unit Plan for Directors.
Daniel Vasella, a director of American Express Company (AXP), reported a transaction dated 09/30/2025 on Form 4. The filing shows acquisition of 104.365 share equivalent units under the Directors' Deferred Compensation Plan; each unit reflects the value of one common share. The filing reports 45,660.053 shares (or share equivalents) beneficially owned following the transaction. The share equivalent units are payable in cash after termination of service, are convertible immediately upon termination, have no expiration date, and include amounts from a dividend reinvestment feature. The form was signed by attorney-in-fact on 10/02/2025.
Charles E. Phillips Jr., a director of American Express Company (AXP), reported a transaction dated 09/30/2025 on Form 4. The filing shows acquisition of 9,469.474 Share Equivalent Units under the company's Directors' Deferred Compensation Plan. Each Share Equivalent Unit represents the value of one common share and the units were acquired under the directors' deferred compensation arrangement and/or a dividend reinvestment feature.
The units are payable in cash after termination of the reporting person’s service as a director; they are convertible to an equivalent share value immediately upon termination and have no expiration date. The filing was submitted by one reporting person and signed by an attorney-in-fact on 10/02/2025.
Director Deborah P. Majoras reported a transaction in American Express Company (AXP) showing acquisition of 54.046 share equivalent units on 09/30/2025 under the company’s Directors' Deferred Compensation Plan. Each share equivalent unit represents the value of one common share and the units are payable in cash following termination of her board service. The filing shows 4,189.521 share equivalent units beneficially owned after the transaction. The units are convertible immediately upon termination of service and have no expiration date. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
John J. Brennan, a director of American Express Company (AXP), acquired 197.549 share equivalent units on 09/30/2025 under the company's directors' deferred compensation arrangements. Each unit reflects the value of one common share and the filing reports a per-share price of $335.36, totaling $27,940.77. The units are cash-settled and become convertible to the cash value of common shares immediately upon termination of service as a director with no expiration date. The reported units include amounts from a dividend reinvestment feature of the Directors' Deferred Compensation Plan and/or the 2003 Share Equivalent Unit Plan for Directors.
Thomas J. Baltimore Jr., a director of American Express Company (AXP), reported acquisition of 104.526 share equivalent units on 09/30/2025 under the companys Directors' Deferred Compensation Plan. Each share equivalent unit reflects the value of one common share and the units will be settled in cash following termination of his service as a director. The units are convertible immediately upon termination and have no expiration date. The total reported share equivalent balance after the transaction is 9,246.357 share equivalent units, and a dividend reinvestment feature contributed to the balance.
Michael J. Angelakis, a Director of American Express Company (AXP), reported acquiring 27.023 share equivalent units on 09/30/2025 under the Directors' Deferred Compensation Plan. Each unit is shown at $335.36, and the filing reports 1,019.026 total share equivalent units beneficially owned after the transaction. The units reflect the value of one common share, are convertible to cash upon termination of director service, have no expiration, and include units from dividend reinvestment features. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
American Express Company filed a current report to disclose a planned leadership change. Douglas E. Buckminster, the company’s Vice Chairman, will retire from American Express after a long career with the company. He will continue serving as Vice Chairman until his retirement in March 2026, providing for an orderly transition. The company has also made available a newsroom post announcing his retirement, which is included as an exhibit to this report.
American Express Company reports stable credit trends for its U.S. Consumer and U.S. Small Business card loans for June through August 2025. U.S. consumer card loans totaled $94.6 billion at August 31, 2025, with 30-day delinquencies steady at 1.3% for all three months and a net write-off rate of 2.0% in July and August, slightly below June’s 2.1%. U.S. small business card loans were $30.9 billion at August 31, 2025, with 30-day delinquencies at 1.6% and net write-off rates of 2.7% in July and August versus 2.6% in June.
The combined U.S. consumer and small business loan portfolio reached $125.5 billion at August 31, 2025. For the American Express Credit Account Master Trust, ending principal balances were $25.4 billion in both July and August 2025, with defaulted amounts of $0.04 billion and annualized default rates between 1.1% and 1.3%, while 30+ day delinquencies remained at $0.2 billion across the three months.
American Express Company reports stable credit trends for its U.S. Consumer and U.S. Small Business card loans for June through August 2025. U.S. consumer card loans totaled $94.6 billion at August 31, 2025, with 30-day delinquencies steady at 1.3% for all three months and a net write-off rate of 2.0% in July and August, slightly below June’s 2.1%. U.S. small business card loans were $30.9 billion at August 31, 2025, with 30-day delinquencies at 1.6% and net write-off rates of 2.7% in July and August versus 2.6% in June.
The combined U.S. consumer and small business loan portfolio reached $125.5 billion at August 31, 2025. For the American Express Credit Account Master Trust, ending principal balances were $25.4 billion in both July and August 2025, with defaulted amounts of $0.04 billion and annualized default rates between 1.1% and 1.3%, while 30+ day delinquencies remained at $0.2 billion across the three months.
Stephen J. Squeri, Chairman and CEO of American Express Company (AXP), reported several transactions on 09/04/2025. He exercised employee stock options to acquire 112,272 shares at an exercise price of $131.68 per share. On the same date he sold a total of 112,272 shares in multiple transactions at weighted average prices reported as $329.03, $329.81, and $330.43 (ranges disclosed in footnotes). He also withdrew 52,870 shares from a Grantor Retained Annuity Trust (GRAT), converting those shares from indirect to direct ownership by exchanging cash and securities into the GRAT. The report lists shares held in his 401(k) Trust and shows ownership tallies following each reported transaction.