Form 4: American Express Executive Anre D. Williams Executes Stock Options and Sells Shares
SEC Form 4
Anre D. Williams, Group President of Enterprise Services at American Express, exercised employee stock options and sold shares to cover costs and tax obligations.
Summary
- Anre D. Williams, a Group President at American Express, executed employee stock options on October 22, 2024.
- The transactions involved the exercise of options at prices of $131.68, $100.96, $116.26, and $153.35.
- A total of 107,256 shares were acquired through option exercises.
- Simultaneously, Williams sold 77,887 shares at a weighted average price of $270.26, with prices ranging from $270.13 to $270.76.
- Following these transactions, Williams directly owns 111,655.661 shares of American Express common stock.
- Williams also indirectly owns 10.64 shares through the company's Retirement Savings Plan (401(k) Trust).
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Executive stock option exercises and share sales are a common occurrence in publicly traded companies and are part of executive compensation packages. The sale of shares is often to cover the cost of exercising the options and to pay for associated tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/29/2022 | Expiration date of some employee stock options |
| 01/29/2023 | Expiration date of some employee stock options |
| 01/29/2024 | Expiration date of some employee stock options |
| 04/30/2024 | Expiration date of some employee stock options |
| 10/22/2024 | Date of stock option exercise and share sale |
| 10/24/2024 | Date of signature on the Form 4 filing |
| 01/29/2029 | Expiration date of some employee stock options |
| 01/29/2030 | Expiration date of some employee stock options |
| 01/29/2031 | Expiration date of some employee stock options |
| 04/30/2031 | Expiration date of some employee stock options |
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