Marrs Anna 4

What Happened
Anna Marrs, Group President (GMNS) of American Express, exercised stock options to acquire 14,992 shares at $173.61 per share (total value ≈ $2,602,761) and concurrently sold 27,425 shares in an open-market transaction for approximately $9,599,024. The filing also reports 14,992 shares disposed at $0.00 under a derivative code.

Key Details

• Transaction date: 2026-02-05; Form filed: 2026-02-06 (appears timely).
• Exercise (code M): 14,992 shares acquired at $173.61 each — total ≈ $2,602,761.
• Sale (code S): 27,425 shares sold, weighted avg price $350.01 — total ≈ $9,599,024. Footnote: sale prices ranged $350.00–$350.10; reporting person can provide per-price breakdown on request.
• Derivative disposition: 14,992 shares reported disposed at $0.00 (listed as derivative) — often reflects shares surrendered/withheld to cover exercise costs or tax withholding.
• Shares owned after transaction: not reported in the provided excerpt.

Context

• This sequence (exercise + immediate sale) is commonly a cashless-type settlement where exercised shares and/or existing holdings are sold; the $0.00 derivative line likely indicates shares used to satisfy exercise payment or tax obligations.
• Sales are routine insider liquidity events and do not by themselves indicate company performance or insider sentiment.