Form 4: American Express Director Lisa W. Wardell Reports Acquisition of Share Equivalent Units

Lisa W. Wardell, a director of American Express, reported the acquisition of share equivalent units under the Directors' Deferred Compensation Plan.

Summary

• On March 31, 2024, Lisa W. Wardell, a director of American Express Co., acquired share equivalent units.
• The acquisition was made pursuant to the Directors' Deferred Compensation Plan.
• A total of 151.49 share equivalent units were acquired at a price of $223.97, resulting in a total of 6,438.94 units beneficially owned following the transaction.
• 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 continued investment in the company through a standard compensation plan.

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 transaction in company stock, which is common for publicly traded companies.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence.

Key Dates