Majoras Deborah P 4

What Happened Deborah P. Majoras, a director of American Express Company (AXP), was granted 60.592 share‑equivalent units on 2026-03-31. The units were valued at $299.13 each for a total grant value of approximately $18,125. This was an award (derivative grant) under the directors' deferred compensation arrangements, not an open‑market purchase or sale.

Key Details

• Transaction type: A (Award/Grant of share‑equivalent units, derivative)
• Date: 2026-03-31; Filing date: 2026-04-02 (no late filing indicated)
• Amount: 60.592 share‑equivalent units at $299.13 per unit; total ≈ $18,125
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes:
  • Each share‑equivalent unit reflects the value of one common share (F1).
  • Units were acquired under the Directors' Deferred Compensation Plan and will be settled in cash following termination of director service (F2).
  • Units are convertible immediately upon termination and have no expiration date (F3).
  • Grant includes units acquired via dividend reinvestment under the plan(s) (F4).

Context This grant is routine director compensation delivered as share‑equivalent units that are payable in cash after the director leaves service. Because these are deferred, cash‑settled derivative awards, they do not represent immediate stock purchases or sales and should be viewed as compensation rather than a direct bullish or bearish insider signal.