PARKHILL KAREN L 4

What Happened

• Karen L. Parkhill, a director of American Express Company (AXP), was awarded 742.115 Share Equivalent Units on 2026-05-05. The units were reported as an award (code A) at $0.00 per unit (derivative award) and will be settled in cash following termination of her service as a director.

Key Details

• Transaction date: 2026-05-05; filing date (Form 4 accession): 2026-05-07 (timely — within the usual 2-business-day window).
• Amount: 742.115 Share Equivalent Units; reported price: $0.00; total reported dollar amount: $0 (award/derivative).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes summary:
  • F1: Each Share Equivalent Unit equals the value of one common share.
  • F2: Units were awarded under the Directors' Deferred Compensation Plan and will be paid in cash after termination of director service.
  • F3: Units convert upon termination and have no expiration.
  • F4: Includes units from dividend reinvestment within the plan.
• Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.

Context

• These are deferred, cash-settled Share Equivalent Units rather than an outright stock purchase—so they don’t represent an immediate buy/sell of shares. Awards to directors under deferred compensation plans are common and are typically part of standard compensation, not a direct signal of personal bullish or bearish trading intent.