Form 4: American Express CEO Stephen Squeri Reports Gift of Common Stock
SEC Form 4 Filing
Stephen Squeri, Chairman and CEO of American Express, reported a gift of 6,975 shares of common stock to a charitable donor advised fund on March 8, 2024.
Summary
- On March 8, 2024, Stephen J Squeri, the Chairman and CEO of American Express Co, reported a transaction involving the company's common stock.
- Squeri gifted 6,975 shares of common stock to a charitable donor advised fund.
- Following the transaction, Squeri directly owns 115,183 shares of American Express common stock.
- Squeri also indirectly owns 38,750 shares through a 2020 GRAT, 76,035 shares through another GRAT, and 128.05 shares through a 401(k) Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a transaction by an executive, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a strategic shift or material event for American Express.
Stakeholder Impact
- The gift of shares has a negligible impact on shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of the transaction (gift of common stock) |
| 03/11/2024 | Date of the report filing |
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