Radhakrishnan Ravikumar 4

What Happened

Radhakrishnan Ravikumar, Chief Information Officer of American Express (AXP), had performance-based awards vest on Feb 1, 2026 and surrendered 9,864 shares to satisfy tax withholding obligations (disposition value $3,473,805 at $352.17 per share). On the same date he received a total of 32,342 shares from awards/vesting: 20,182 shares reported as an award (includes dividend reinvestment) and 12,160 shares from vested performance stock options (reported as a derivative acquisition at $0.00).

Key Details

• Transaction date: 2026-02-01; Form 4 filed 2026-02-03 (timely within the two-business-day requirement).
• Disposition: 9,864 shares surrendered to cover tax withholding at $352.17 — total proceeds/withholding value $3,473,805.
• Acquisitions: 20,182 shares (award; includes dividend reinvestment) and 12,160 shares from vested performance stock options (derivative).
• Footnotes: F1 = vesting of Performance Restricted Stock Units from Feb 2023 grant; F2 = includes dividend reinvestment; F3 = shares surrendered to satisfy tax obligations; F4 = vesting of Performance Stock Options from Feb 2023 grant.
• Shares owned after transaction: not specified in the reported Form 4.
• Filing exhibits: Exhibit 24 — Power of Attorney.

Context

The surrender of 9,864 shares was a tax-withholding action tied to award vesting (not an open-market sale), while the reported acquisitions reflect vesting of performance-based awards (including options converting to shares). Such award vesting and tax-withholding transactions are common for executives and do not by themselves indicate a change in sentiment toward the company.