AMERICAN EXPRESS CO·4

Feb 3, 4:44 PM ET

Skyler Jennifer 4

Research Summary

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Updated

American Express (AXP) Skyler Jennifer Sells Shares for Taxes

What Happened

  • Skyler Jennifer, Chief Corporate Affairs Officer at American Express (AXP), had performance-based awards vest on Feb 1, 2026. As a result, she acquired 9,952 shares from vested Performance Restricted Stock Units and 5,997 shares from vested Performance Stock Options. To satisfy tax withholding on the vesting, she surrendered 5,097 shares at $352.17 per share, a disposition totaling $1,795,010. The Form 4 was filed on Feb 3, 2026.

Key Details

  • Transaction date(s): 2026-02-01; Form 4 filed: 2026-02-03 (timely filing).
  • Disposition: 5,097 shares surrendered at $352.17 each for $1,795,010 (tax withholding).
  • Acquisitions: 9,952 shares (PRSUs vesting) and 5,997 shares (vesting of performance stock options; reported as derivative).
  • Shares owned after transaction: not disclosed in the filing.
  • Footnotes:
    • F1: 9,952 shares = vesting of Performance Restricted Stock Units granted Feb 2023.
    • F2: The 5,097-share disposition represents shares surrendered to satisfy tax obligations on the vesting.
    • F3: 5,997 shares = vesting of Performance Stock Options granted Feb 2023.
  • Exhibit noted: Exhibit 24 (Power of Attorney).

Context

  • This was not an open-market sale for personal cash needs but a routine net settlement/tax-withholding related to compensation vesting: awards/options vested and some shares were surrendered to cover taxes. Such transactions typically reflect compensation events rather than a direct signal of the insider’s buy/sell sentiment.

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