Form 4: American Express Executive Raymond Joabar Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Raymond Joabar, a Group President at American Express, reported the sale of 400 shares of common stock at a price of $302.44 on May 13, 2025.

Summary

  • Raymond Joabar, a Group President at American Express, filed a Form 4 with the SEC.
  • The form reports a transaction that occurred on May 13, 2025.
  • Joabar sold 400 shares of American Express common stock at $302.44 per share.
  • Following the transaction, Joabar directly owns 12,781.218 shares and indirectly owns 1,993 shares through a spouse and 251.45 shares through a 401(k).
  • The filing was signed by Douglas C. Turnbull, attorney-in-fact, on May 14, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself is a small percentage of the overall shares owned by the reporting person.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders due to the small number of shares involved.

Key Dates

DateDescription
05/13/2025Date of stock sale transaction
05/14/2025Date of Form 4 filing

Keywords

Form 4, SEC Filing, Stock Sale, Raymond Joabar, American Express, AXP

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.