AMERICAN EXPRESS CO·4

Feb 3, 4:39 PM ET

Lieberman Quinn Jessica 4

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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.

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