Radhakrishnan Ravikumar 4
4 · AMERICAN EXPRESS CO · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
American Express (AXP) CIO Radhakrishnan Ravikumar Sells Shares
What Happened
Radhakrishnan Ravikumar, Chief Information Officer of American Express Company (AXP), sold a total of 15,000 shares in open-market transactions on February 9, 2026, generating about $5.35 million in proceeds. The sales consisted of 8,362 shares at a weighted average price of $356.14 ($2,978,043) and 6,638 shares at a weighted average price of $357.13 ($2,370,629). These were outright sales (transaction code S), which are commonly routine insider disposals and do not by themselves indicate company performance or insider sentiment.
Key Details
- Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (filed the next day; within typical 2-business-day reporting window).
- Sales:
- 8,362 shares @ weighted avg $356.14 = $2,978,043 (prices in range $355.68–$356.50; F1).
- 6,638 shares @ weighted avg $357.13 = $2,370,629 (prices in range $356.68–$357.46; F2).
- Total shares sold: 15,000; total proceeds: $5,348,672 (~$5.35M).
- Shares owned after the transaction: not specified in the provided filing details.
- Notable footnotes: F1 and F2 state the reported prices are weighted averages and the sales occurred in multiple trades across the stated price ranges; the filer can provide a breakdown on request.
- Transaction code: S = Sale (open market).
Context
Open-market sales by executives are often routine (for diversification, tax planning, liquidity, etc.) and do not necessarily signal negative views about the company. This filing reports straightforward stock sales (not option exercises, gifts, or awards). Retail investors should consider this data as one piece of insider activity — purchases typically carry more direct bullish signal than sales.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-09$356.14/sh−8,362$2,978,043→ 15,583.141 total - Sale
Common Stock
[F2]2026-02-09$357.13/sh−6,638$2,370,629→ 8,945.141 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $355.68 to $356.50. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- [F2]The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $356.68 to $357.46. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.