Form 4: American Express Director Clayton Walter Joseph III Reports Acquisition of Share Equivalent Units

Director Clayton Walter Joseph III reports acquiring share equivalent units in American Express through the Directors' Deferred Compensation Plan.

Summary

• On December 31, 2024, Clayton Walter Joseph III, a director of American Express, acquired share equivalent units.
• The acquisition was made pursuant to the Directors' Deferred Compensation Plan.
• A total of 137.72 share equivalent units were acquired at a price of $299.52.
• Following the transaction, Clayton Walter Joseph III beneficially owns 3,928.442 share equivalent units.
• These units are convertible immediately upon termination of service as a Director and will be settled in cash.
• The report was filed on January 3, 2025.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for company insiders (directors, officers, and 10% owners) to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

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

Key Dates