Form 4: American Express Executive Jennifer Skyler Reports Stock Option Exercise and Sale
SEC Filing
Jennifer Skyler, Chief Corporate Affairs Officer at American Express, exercised stock options and sold shares on May 10, 2024, according to a Form 4 filing with the SEC.
Summary
- On May 10, 2024, Jennifer Skyler, Chief Corporate Affairs Officer of American Express, exercised employee stock options to acquire 11,754 shares of common stock at a price of $117.28 per share.
- Simultaneously, Ms. Skyler sold 14,802 shares of American Express common stock at a weighted average price of $241.73 per share, in multiple transactions ranging from $241.66 to $241.86.
- Following these transactions, Ms. Skyler directly owns 16,371.291 shares of American Express common stock.
Sentiment
Score: 5
Explanation: This is a neutral reporting of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC when corporate insiders, like Jennifer Skyler, trade their company's stock; it provides transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 01/29/2022 | Date exercisable for Employee Stock Option |
| 05/10/2024 | Date of stock option exercise and sale of shares. |
| 05/13/2024 | Date of Form 4 filing. |
| 10/31/2029 | Expiration date for Employee Stock Option |
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