Young Christopher David 4

What Happened

• Christopher David Young, a director of American Express Company (AXP), received a grant of 742.115 share-equivalent units (SEUs) on 2026-05-05. The units were reported at $0.00 per unit (no cash paid) and are recorded as a derivative award (transaction code A) on the Form 4 filed 2026-05-07. This is a compensation grant (not a market purchase or sale) and is routine director deferred compensation.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (filed within the normal 2-business-day window).
• Award: 742.115 share-equivalent units; reported price: $0.00 (cashless grant).
• Shares/units owned after transaction: Not reported on the Form 4.
• Footnotes: SEUs reflect the value of one common share (F1); units were granted under the Directors' Deferred Compensation Plan and will be settled in cash after termination of service (F2); units are convertible immediately upon termination and have no expiration date (F3).

Context

• These SEUs are a deferred, cash-settled form of director compensation, not an outright stock purchase or stock sale. Such grants are common for non-employee directors and do not, by themselves, indicate buying or selling sentiment in the market.