American Express Co: director Thomas J Baltimore Jr received 116.093 shares

What happened Thomas J Baltimore Jr, a director, received 116.093 share equivalent units (reported as 116.093 shares) at $312.25 per unit on Sep 30, 2026, valued at $36,250. The units were granted under the directors' deferred compensation plan and are derivative instruments to be settled in cash following termination of service.

Key details

• Transaction date and price: Sep 30, 2026 at $312.25 per share equivalent unit.
• Reported value: $36,250.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Relevant footnotes from the filing: each share equivalent unit reflects the value of one common share (F1); units were acquired pursuant to the Directors' Deferred Compensation Plan and will be settled in cash following termination of service as a director (F2); units are convertible immediately upon termination and have no expiration date (F3); the total includes units from a dividend reinvestment feature and/or the 2003 Share Equivalent Unit Plan for Directors (F4).
• Filing date: Oct 2, 2026, reporting the Sep 30, 2026 transaction.

Why it may matter This Form 4 reports a grant of share equivalent units under the directors' deferred compensation plan that will be settled in cash after the insider leaves board service; it is not a market purchase or sale of common shares. This filing does not show why the insider traded or why the company acted.