Lieberman Quinn Jessica 4
4 · AMERICAN EXPRESS CO · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
American Express (AXP) EVP Jessica Lieberman Receives Award
What Happened Jessica Lieberman, EVP & Controller of American Express, had 5,875 Performance Restricted Stock Units (PRSUs) vest on Feb 1, 2026. As a result, she was credited with those shares (award/acquisition). To satisfy tax withholding on the vesting, 2,843 of the vested shares were surrendered (disposed) at $352.17 per share, totaling $1,001,219.
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (timely — within standard 2-business-day window).
- Award: 5,875 PRSUs vested (reported as acquisition, price N/A).
- Tax withholding: 2,843 shares surrendered to cover tax obligations (reported disposition) at $352.17/share = $1,001,219.
- Shares owned after transaction: Not disclosed in the filing.
- Notable footnotes:
- Vesting resulted from performance criteria and continued employment tied to a Feb 2023 grant.
- The surrendered shares were used solely to satisfy tax withholding on the vested PRSUs.
- Some holdings are reported as held in the Company Retirement Savings Plan (unit accounting may vary by fund price).
- Filing includes Exhibit 24 (Power of Attorney).
Context These PRSU vesting and share-surrender transactions are routine compensation events for executives. The surrender of shares to cover taxes is a common cashless settlement method and does not represent an open-market sale or new investment decision. For investors, purchases often signal stronger insider conviction; this transaction primarily reflects compensation administration.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-01+5,875→ 6,133.003 total - Tax Payment
Common Stock
[F2]2026-02-01$352.17/sh−2,843$1,001,219→ 3,290.003 total
- 540.65(indirect: By Spouse)
Common Stock
- 0.91(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Represents shares acquired pursuant to the vesting of Performance Restricted Stock Units that were granted to the reporting person in February 2023, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment.
- [F2]The reported disposition represents the surrender of shares to satisfy tax obligations arising from the vesting of Performance Restricted Stock Units.
- [F3]Shares held in reporting person's account under the Company's Retirement Savings Plan. This plan uses unit accounting, and the number of shares that a participant is deemed to hold varies with the unit price of the Company pooled stock fund.