American Express Group President, GMNS Anna Marrs reported an option exercise and share sale. On February 5, 2026, she exercised 14,992 employee stock options at an exercise price of $173.61 per share, acquiring the same number of common shares.
On the same date, she sold 27,425 shares of American Express common stock in open-market transactions at a weighted average price of $350.01 per share, with individual sale prices ranging from $350 to $350.10. After these transactions, she directly owned 20,393.52 common shares of American Express.
American Express Company files its annual report detailing a global, premium-focused payments and lifestyle business built on an integrated card-issuing, merchant-acquiring and network platform. In 2025, Card Members generated $1,670 billion of billed business on 86.6 million proprietary cards, plus $227.2 billion of processed volume on 66.2 million third‑party cards. The company emphasizes its Membership Model of rich rewards, travel and lifestyle benefits, and deep cobrand and merchant partnerships, including a major Delta Air Lines portfolio. It outlines five growth imperatives, heavy technology investment (including AI), and extensive global regulation and competition. As of December 31, 2025, American Express employed about 76,800 people worldwide.
A person associated with the issuer has filed a notice of proposed sale of 27,425 shares of common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE around 02/05/2026, with an indicated aggregate market value of 9599120.24. The issuer reports 688,851,653 shares outstanding.
The securities to be sold come from 12,433 shares of restricted stock that vested on 02/01/2026 under a registered plan and 14,992 shares from option exercises on 02/05/2026, also under a registered plan and paid for in cash. The filer represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
An insider of the issuer with symbol AXP has filed a notice to sell 23,385 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $8,346,340.35. The filing notes that 688,851,653 shares of this class were outstanding.
The shares to be sold were recently acquired through option exercises and restricted stock vesting under registered plans. On 02/05/2026, 11,793 shares and 867 shares were obtained via option exercises paid in cash, and on 02/01/2026, 10,725 shares vested as restricted stock.
The person for whose account the shares will be sold represents that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 requirements.
American Express Company is offering $500,000,000 principal amount of 5.412% fixed-to-fixed rate subordinated notes due February 8, 2041. The notes pay 5.412% until February 8, 2036, then reset every period to the U.S. Treasury rate plus 1.150%, with semi-annual interest.
The price to the public is 100.000% of principal, with a 0.450% underwriting discount, resulting in gross proceeds of $497,750,000 before expenses and estimated net proceeds of about $497 million. The company plans to use the proceeds for general corporate purposes and to create Tier 2 capital under Basel III.
These subordinated notes rank junior to American Express’s senior indebtedness and equal to other subordinated debt, and may be redeemed at par in specified periods, including around the tenth anniversary and upon certain regulatory capital events. For 2025, American Express reported net income of $10.8 billion, up 7%, and diluted earnings per share of $15.38, up 10% from 2024, on revenues of $72.2 billion, up 10%.
American Express is issuing $3.0 billion of senior unsecured notes, expecting net proceeds of about $2.99 billion for general corporate purposes. The offer includes $1.35 billion of 4.009% fixed‑to‑floating notes due 2029, $1.0 billion of 4.456% fixed‑to‑floating notes due 2032, and $650 million of floating‑rate notes due 2029, all tied to Compounded SOFR in their floating periods. The company can redeem each series at par in specified windows and via make‑whole provisions for the fixed‑to‑floating tranches. American Express also reports solid 2025 results, with net income of $10.8 billion (up 7%) and diluted EPS of $15.38 (up 10%), on revenue of $72.2 billion, up 10% from 2024.
American Express Chief Risk Officer Tabish Douglas reported equity award activity on February 1, 2026. He acquired 9,504 shares of common stock at no cost upon vesting of Performance Restricted Stock Units granted in February 2023, after performance goals were met and employment continued.
To cover related taxes, 4,425 shares were surrendered at a price of $352.17 per share. After these transactions, Douglas beneficially owns 7,594 shares of American Express common stock directly and 103.5 shares indirectly through the company’s Retirement Savings Plan, which uses unit accounting.
American Express Chairman and CEO Stephen J. Squeri reported multiple equity-related transactions dated February 1, 2026. He acquired 123,033 shares of common stock through the vesting of performance restricted stock units granted in February 2023, reflecting achievement of preset performance goals and continued employment.
To cover tax obligations from this vesting, 62,466 common shares were surrendered at $352.17 per share, leaving 60,567 directly held shares afterward. In addition, 74,129 employee stock options with an exercise price of $173.61 vested, giving rights to purchase an equal number of shares. He also reports indirect holdings of common stock through a 401(k) plan and the Stephen J. Squeri 2025 Master GRAT.
American Express Chief Corporate Affairs Officer Skyler Jennifer reported equity compensation activity involving company stock. On 02/01/2026, she acquired 9,952 shares of common stock at no cost through the vesting of performance-based restricted stock units, bringing her directly held stake to 25,738.762 shares.
She also had 5,097 shares withheld at a price of $352.17 per share to cover taxes from the RSU vesting. In addition, 5,997 employee stock options vested with an exercise price of $173.61 per share, expiring on 02/01/2033 and covering 5,997 shares of common stock.
American Express Chief Legal Officer Laureen Seeger reported multiple equity award transactions dated February 1, 2026. She acquired 25,988 shares of common stock from the vesting of performance restricted stock units granted in February 2023, which were earned based on specified performance criteria and continued employment.
Seeger also surrendered 14,119 shares and 480 shares of common stock at a price of $352.17 per share to cover tax obligations arising from the vesting of performance-based and time-based restricted stock units. In addition, she acquired 1,152 common shares under the 2022 Annual Incentive Award, earned upon the company’s positive cumulative net income over 2023–2025.
Separately, 15,658 employee stock options with a $173.61 exercise price vested, covering 15,658 shares of common stock and expiring on February 1, 2033. Following these transactions, Seeger directly beneficially owned 21,738.577 shares of American Express common stock.