WARDELL LISA W 4

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.