Form 4: American Express EVP Controller, Lieberman Quinn Jessica, Reports Sale of Common Stock

Sentiment:

SEC Form 4 Filing


Quinn Jessica Lieberman, EVP Controller at American Express, reported the sale of 3,140.687 shares of common stock on May 6, 2024.

Summary

  • On May 6, 2024, Quinn Jessica Lieberman, the EVP Controller of American Express Co [AXP], sold 3,140.687 shares of common stock at a weighted average price of $232.36.
  • Following the transaction, Lieberman directly owns 258.003 shares of common stock.
  • Lieberman also indirectly owns 540.65 shares through a spouse and 0.9 shares through a 401(k) Trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a lack of confidence in the company.

Key Dates

DateDescription
05/06/2024Date of transaction: Sale of common stock
05/07/2024Date of signature by attorney-in-fact

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