Form 4: American Express EVP Controller, Lieberman Quinn Jessica, Reports Stock Transactions

Lieberman Quinn Jessica, EVP Controller at American Express, reports acquisition and disposition of company stock related to vesting of restricted stock units and tax obligations.

Summary

• On January 28, 2025, Lieberman Quinn Jessica, EVP Controller at American Express, acquired 5,760 shares of common stock at a price of $316.42 per share due to the vesting of Performance Restricted Stock Units (RSUs).
• Simultaneously, 2,732 shares were disposed of to satisfy tax obligations arising from the vesting of these RSUs, also at $316.42 per share.
• Following these transactions, Lieberman directly owns 3,286.003 shares of American Express common stock.
• Additionally, Lieberman indirectly owns 540.65 shares through a spouse and 0.9 shares through a 401(k) Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to executive compensation.

Positives

• The vesting of Performance Restricted Stock Units indicates that performance criteria specified for the award at the time of grant were met.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Comparison to Industry Standards

• Tracking insider transactions is a common practice in financial analysis.
• Similar filings are made by executives at companies like Visa (V), Mastercard (MA), and JPMorgan Chase (JPM), providing insights into their equity compensation and ownership trends.
• Analyzing these filings helps investors understand management's alignment with shareholder interests.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They provide transparency into executive compensation and ownership, which can influence investor sentiment.

Key Dates