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 company's 2003 Share Equivalent Unit Plan for Directors.

Summary

• On April 29, 2025, Lisa W. Wardell, a director of American Express Co., acquired 948.467 share equivalent units.
• These units were awarded under the company's 2003 Share Equivalent Unit Plan for Directors.
• The share equivalent units will be settled in cash following termination of service as a director.
• The reporting person directly owns 8,991.764 share equivalent units following the reported transaction.
• The share equivalent units are convertible immediately upon termination of service as a Director and have no expiration date.
• Some share equivalent units were acquired pursuant to a dividend reinvestment feature of the Directors' Deferred Compensation Plan and/or the 2003 Share Equivalent Unit Plan for Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns incentives with shareholder value. There are no indications of negative events or concerns.

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, a common form of compensation for board members in publicly traded companies.

Stakeholder Impact

• The acquisition of share equivalent units aligns the director's interests with those of shareholders, as the value is tied to the performance of American Express common stock.

Key Dates

Keywords

Share Equivalent Units, Director Compensation, Form 4, American Express, Beneficial Ownership, Wardell, AXP