4//SEC Filing
McNeal Glenda G 4
Accession 0000004962-26-000063
CIK 0000004962other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 4:36 PM ET
Size
6.4 KB
Accession
0000004962-26-000063
Research Summary
AI-generated summary of this filing
American Express CPO Glenda McNeal Receives Award, Surrenders Shares
What Happened
- Glenda McNeal, Chief Partner Officer of American Express (AXP), had 11,750 shares issued to her on Feb 1, 2026 as the vesting of Performance Restricted Stock Units (PRSUs) granted in Feb 2023.
- To satisfy tax withholding on the vesting, 6,090 of those shares were surrendered (disposed) at an indicated per-share value of $352.17, representing $2,144,715 in withholding. This was a tax-withholding share surrender, not an open-market sale.
Key Details
- Transaction date: February 1, 2026; Form 4 filed Feb 3, 2026 (appears timely — filed within two business days).
- Award: 11,750 shares issued on vesting (no per-share acquisition price reported).
- Withholding disposition: 6,090 shares at $352.17 per share — $2,144,715 surrendered to cover taxes.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Relevant footnotes from the filing:
- F1: Shares were from vesting of PRSUs granted in Feb 2023 based on performance and continued employment.
- F2: Some shares include dividend reinvestment.
- F3: The 6,090-share disposition represents surrender of shares to satisfy tax obligations (withholding).
Context
- This is a routine vesting and tax-withholding transaction: PRSUs vested and a portion of the shares were surrendered to cover tax liabilities. Such withholdings are common and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
McNeal Glenda G
Chief Partner Officer
Transactions
- Award
Common Stock
[F1][F2]2026-02-01+11,750→ 22,762.31 total - Tax Payment
Common Stock
[F3]2026-02-01$352.17/sh−6,090$2,144,715→ 16,672.31 total
Footnotes (3)
- [F1]Represents shares acquired pursuant to the vesting of Performance Restricted Stock Units that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment.
- [F2]Includes shares acquired pursuant to dividend reinvestment.
- [F3]The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Restricted Stock Units.
Signature
/s/ James J. Killerlane III, attorney-in-fact|2026-02-03
Documents
Issuer
AMERICAN EXPRESS CO
CIK 0000004962
Entity typeother
Related Parties
1- filerCIK 0001397707
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 4:36 PM ET
- Size
- 6.4 KB