American Express Director Acquires Share Equivalent Units Under Deferred Comp Plan
AMERICAN EXPRESS CO
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Filing Summary
š AXP Insider Filing Alert: Director Deferred Compensation
ā¢ Insider: Charles E. Phillips Jr. (Director) ā¢ Transaction: Grant / Acquisition of 60.048 Share Equivalent Units ā¢ Price: $312.25 per share ā¢ Total Value: ~$18,750.00 ā¢ Post-Transaction Holdings: 10,590.762 units ā¢ Filing Date: October 2, 2026
Comprehensive Analysis
Insider Transaction Overview
On September 30, 2026, Charles E. Phillips Jr., a Director of American Express Co ($AXP), acquired 60.048 Share Equivalent Units at an effective price of $312.25 per unit, representing a total transaction value of approximately $18,750.00.
Transaction Details
- Security: Share Equivalent Units (convertible to common stock / settled in cash upon director departure)
- Transaction Code:
A(Grant or other acquisition) - Context: The units were acquired pursuant to the Directors' Deferred Compensation Plan, typical of quarterly board retainer or fee deferrals.
- Direct Ownership: Direct (D)
- Post-Transaction Beneficial Ownership: 10,590.762 Share Equivalent Units
Market & Trading Significance
This transaction carries Low trading significance. It reflects standard, non-discretionary equity compensation deferral under the company's established director compensation policy rather than open-market buying or selling activity.
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Important Disclaimer
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