American Express Executive Vests Performance Stock Options
AMERICAN EXPRESS CO
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Filing Summary
📊 Form 4 Filing: American Express Co ($AXP) Insider: Howard Grosfield (Group Pres., U.S. Cons. Serv.) Transaction: Option Award / Vesting (Code A) Security: Employee Stock Option (Exercise Price: $148.45) Shares Transacted: 17,465 Post-Transaction Holdings: 69,860 derivative securities Significance: Low (Scheduled Performance Option Vesting)
Comprehensive Analysis
Transaction Summary
On October 31, 2026, Howard Grosfield, Group President of U.S. Consumer Services at American Express Co ($AXP), reported the acquisition/vesting of 17,465 Employee Stock Options (Right to Buy) under transaction code A.
- Exercise Price: $148.45 per share
- Expiration Date: October 31, 2029
- Underlying Security: 17,465 shares of Common Stock
- Post-Transaction Derivative Holdings: 69,860 options
Context and Footnote Details
According to Footnote 1 of the filing, this transaction reflects the vesting of the final 25% tranche of Performance Stock Options originally granted in October 2022. Vesting occurred following the satisfaction of pre-established performance criteria and continued employment through October 31, 2026.
Market & Trading Significance
This event is categorized as Low trading significance. It represents a scheduled vesting of equity compensation linked to long-term performance targets rather than an open-market discretionary purchase or sale. No immediate market disposition of common shares took place.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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