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.
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.
Herena Monique, an officer of American Express Company (AXP) with the title shown as Chief Colleague Experience Off, reported transactions dated 09/03/2025 on a Form 4. The filing shows a disposition by gift of 610 shares of common stock (transaction code G) at $0 price and a sale of 8,695 shares (transaction code S) at a reported price of $325.88 per share. Following those transactions the Form reports 12,266.331 shares beneficially owned (direct). The Form 4 was signed by an attorney-in-fact, James J. Killerlane III, on 09/05/2025.
American Express Company (AXP) Form 144 notifies the proposed sale of 112,272 common shares, to be brokered through Morgan Stanley Smith Barney LLC on the NYSE with an aggregate market value of $37,033,884.74. The filing states the shares outstanding are 695,882,227 and the approximate sale date is 09/04/2025.
The filing discloses the shares were acquired on 09/04/2025 by exercise of options under a registered plan from the issuer, with payment in cash. The filer reports no securities sold in the past three months and includes the standard representation that the seller is unaware of undisclosed material adverse information.
American Express insider report: Douglas E. Buckminster, Vice Chairman, reported multiple transactions on 09/02/2025 affecting his common stock and option holdings in American Express Company (AXP). He exercised an employee stock option with a $55.09 strike to acquire 23,505 shares and simultaneously sold 23,505 shares at a weighted average price of $326.37. The report shows a net change from 147,118.251 shares to 123,613.251 shares beneficially owned following the transactions. Additionally, 11,144 shares were transferred to the "Douglas E. Buckminster 2025 GRAT #1," an indirect holding that is exempt from Section 16 reporting under Rule 16a-13. Dividend reinvestment contributed to some shares reported.