WARDELL LISA W 4
4 · AMERICAN EXPRESS CO · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
American Express (AXP) Director Lisa W. Wardell Receives 112 Share Award
What Happened
Lisa W. Wardell, a director of American Express Company (AXP), was granted 112.262 share-equivalent units on 2026-06-30. The units are reported at a price of $334.04 each for a total value of $37,500. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; filing date (Accession): 2026-07-02.
- Amount: 112.262 share-equivalent units at $334.04 per unit, total $37,500.
- Transaction type: A (grant/award of share-equivalent units).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1–F4 indicate these are Share Equivalent Units (each equals the value of one common share), granted under the Directors' Deferred Compensation Plan, will be settled in cash after Wardell’s termination of service, are convertible immediately upon termination with no expiration, and include units from dividend reinvestment.
- Filing status: No late-filing flag reported in the filing.
Context
These are derivative "share-equivalent units" awarded under a director deferred compensation plan and will be paid in cash when the director leaves the board. Such awards are routine for non-employee directors and do not represent an open-market buy or sell of common stock. They reflect compensation arrangements rather than an immediate view on the company’s stock.
Insider Transaction Report
- Award
Share Equivalent Units
[F1][F2][F3][F4]2026-06-30$334.04/sh+112.262$37,500→ 10,425.42 total→ Common Stock (112.262 underlying)
Footnotes (4)
- [F1]Each Share Equivalent Unit reflects the value of one common share.
- [F2]The reported Share Equivalent Units were acquired pursuant to the Directors' Deferred Compensation Plan and will be settled in cash following termination of service as a Director.
- [F3]The Share Equivalent Units are convertible immediately upon termination of service as a Director and have no expiration date.
- [F4]Includes Share Equivalent Units acquired pursuant to a dividend reinvestment feature of the Directors' Deferred Compensation Plan and/or the 2003 Share Equivalent Unit Plan for Directors.