American Express Co: director Lisa W Wardell received 120.096 shares

What happened

• Lisa W Wardell, director, received 120.096 share equivalent units (reported as 120.096 shares) at $312.25 per unit on Sep 30, 2026, for a reported value of $37,500. The transaction is reported as an award/grant (derivative).

Key details

• Transaction date and price: Sep 30, 2026 — 120.096 units at $312.25 per unit; total $37,500.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • Each share equivalent unit reflects the value of one common share (F1).
  • Units were acquired under 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 of service and have no expiration date (F3).
  • Includes units acquired via a dividend reinvestment feature of the directors' deferred compensation plan and/or the 2003 Share Equivalent Unit Plan for Directors (F4).
• Form 4 filed on Oct 2, 2026 (accession 0000004962-26-000373).

Why it may matter

• This was an award of share equivalent units under the directors' deferred compensation plan; the filing describes a derivative award to be settled in cash on termination of service.
• A filing does not show why the insider traded or why the company acted.