Joabar Raymond 4
4 · AMERICAN EXPRESS CO · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
American Express (AXP) Joabar Raymond Sells 14,000 Shares
What Happened
- Joabar Raymond (Grp. Pres., Global Comm. Serv.) sold a total of 14,000 shares of American Express Company (AXP) in open-market transactions on February 19, 2026. The reported lots: 2,835 shares at $338.98 ($961,008), 2,840 shares at $340.03 ($965,685), 4,977 shares at $341.14 ($1,697,854), and 3,348 shares at $341.95 ($1,144,849). Total reported proceeds ≈ $4,769,396.
- These were sales (code S). Sales are often routine liquidity events and do not necessarily indicate a change in insider sentiment.
Key Details
- Transaction date: February 19, 2026. Filing date: February 20, 2026 (timely).
- Reported prices (weighted averages): $338.98, $340.03, $341.14, $341.95. Per footnotes, each reported price is a weighted average of multiple executions with price ranges: $338.46–$339.45; $339.48–$340.44; $340.60–$341.59; and $341.60–$342.36 respectively. The filer can provide per-trade breakdown on request.
- Shares owned after the transaction are not included in the provided extract.
- No derivative exercises, gifts, tax-withholdings, or 10% owner status are indicated in the reported transactions. Code S denotes sale.
Context
- Open-market sales are common for insiders to diversify or raise cash; they are less informative about future company performance than purchases. Purchases are generally a stronger bullish signal for retail investors.
- Footnote F5 (present in the filing) notes that shares held in the reporting person’s company Retirement Savings Plan use unit accounting, which affects how share counts are presented for that plan.
Insider Transaction Report
Form 4
Joabar Raymond
Grp. Pres., Global Comm. Serv.
Transactions
- Sale
Common Stock
[F1]2026-02-19$338.98/sh−2,835$961,008→ 19,867.026 total - Sale
Common Stock
[F2]2026-02-19$340.03/sh−2,840$965,685→ 17,027.026 total - Sale
Common Stock
[F3]2026-02-19$341.14/sh−4,977$1,697,854→ 12,050.026 total - Sale
Common Stock
[F4]2026-02-19$341.95/sh−3,348$1,144,849→ 8,702.026 total
Holdings
- 1,486.996(indirect: By Spouse)
Common Stock
- 253.46(indirect: By 401(k))
Common Stock
[F5]
Footnotes (5)
- [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 $338.46 to $339.45. 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 $339.48 to $340.44. 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.
- [F3]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 $340.60 to $341.59. 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.
- [F4]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 $341.60 to $342.36. 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.
- [F5]Shares held in reporting person's account under the Company's Retirement Savings Plan. This plan uses unit accounting, and the number of shares that a participant is deemed to hold varies with the unit price of the Company pooled stock fund.
Signature
/s/ James J. Killerlane III, attorney-in-fact|2026-02-20