Majoras Deborah P 4

What Happened

• Deborah P. Majoras, a director of American Express Company (AXP), was granted 54.26 share-equivalent units on 2026-06-30. The units are reported at $334.04 each for a total reported value of $18,125. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-06-30, 54.26 units at $334.04 each (total ~$18,125).
• Transaction type: Award/Grant of share-equivalent units (derivative).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • Each Share Equivalent Unit reflects the value of one common share (F1).
  • Units were granted 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 (F3).
  • The total includes units acquired via dividend reinvestment features of the plan(s) (F4).
• Filing timeliness: Report filed 2026-07-02 for a 2026-06-30 transaction — no late filing indicated.

Context

• Share-equivalent units are derivative, cash-settled awards that track the value of common shares; they do not represent immediate share ownership or market purchases. Such deferred compensation awards to directors are routine and primarily reflect compensation policy rather than an insider buying or selling stock.