Form 4: American Express Director Christopher Young Reports Acquisition of Share Equivalent Units

Director Christopher David Young reports acquiring share equivalent units of American Express through the Directors' Deferred Compensation Plan.

Summary

• Christopher David Young, a director of American Express, reported acquiring share equivalent units on December 31, 2024.
• The acquisition was made pursuant to the Directors' Deferred Compensation Plan.
• A total of 133.55 share equivalent units were acquired at a price of $299.52 each.
• Following the transaction, Young beneficially owns 18,243.73 share equivalent units.
• These units will be settled in cash following termination of service as a director and are convertible immediately upon termination with no expiration date.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through a standard compensation plan.

Positives

• The acquisition of share equivalent units demonstrates the director's continued investment in the company.
• The Directors' Deferred Compensation Plan provides a mechanism for directors to align their interests with those of shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Key Dates