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

Christopher David Young, a director at American Express, acquired share equivalent units through the company's Directors' Deferred Compensation Plan.

Summary

• On March 31, 2025, Christopher David Young, a director of American Express, acquired share equivalent units.
• The acquisition was made through the Directors' Deferred Compensation Plan.
• A total of 149.365 share equivalent units were acquired at a price of $267.8.
• Following the transaction, Young beneficially owns 18,434.255 share equivalent units.
• These units are convertible immediately upon termination of service as a Director and have no expiration date.
• The share equivalent units will be settled in cash following termination of service as a Director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's participation in a deferred compensation plan, indicating alignment with shareholder interests.

Positives

• The acquisition of share equivalent units by a director demonstrates confidence in the company's future.
• The Directors' Deferred Compensation Plan allows directors to align their interests with those of shareholders.

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 transaction in company stock, which is common among publicly traded companies. It reflects standard practices for executive compensation and alignment of interests.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

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