Form 4: American Express Director Acquires Share Equivalent Units Through Deferred Compensation Plan

Michael J. Angelakis, a director of American Express, acquired 10.784 share equivalent units under the Directors' Deferred Compensation Plan.

Summary

• On March 31, 2025, Michael J. Angelakis, a director of American Express, acquired 10.784 share equivalent units.
• The acquisition was made pursuant to the Directors' Deferred Compensation Plan.
• Each share equivalent unit reflects the value of one common share.
• These units will be settled in cash following the 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.
• The price of the share equivalent units was $267.8.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of share equivalent units by a director signals confidence in the company's future performance.

Future Outlook

The share equivalent units will be settled in cash following termination of service as a Director.

Industry Context

This filing is a routine disclosure of a director's acquisition of share equivalent units, which is a common practice in executive compensation.

Stakeholder Impact

• The acquisition of share equivalent units by a director may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Share Equivalent Units, Director, Deferred Compensation Plan, American Express, AXP, Beneficial Ownership