Lieberman Quinn Jessica 4
Research Summary
AI-generated summary
American Express (AXP) EVP Jessica Lieberman Quinn Sells Shares
What Happened
Jessica Lieberman Quinn, Executive Vice President and Controller of American Express Company (AXP), sold 3,032 shares in an open-market transaction on March 6, 2026. The weighted-average sale price was $300.02 per share (prices ranged $300.01–$300.05), for total proceeds of approximately $909,661. This was a sale (not a purchase or grant); sales are often routine and do not by themselves indicate insider confidence or concern.
Key Details
- Transaction date: 2026-03-06
- Transaction type/code: Sale (S) — open market or private sale
- Shares sold: 3,032 shares
- Price reported: weighted average $300.02; range $300.01–$300.05 (F1)
- Total proceeds: ~$909,661
- Shares owned after transaction: not specified in this Form 4 filing
- Footnotes:
- F1: Price is a weighted average; the filer can provide the number of shares sold at each price on request.
- F2: Shares sold were held in the reporting person’s account under the company’s Retirement Savings Plan (unit accounting).
- Filing timeliness: Report filed 2026-03-10 for a 2026-03-06 trade — filed within the standard two-business-day reporting window.
Context
- This transaction is a sale of shares from the insider’s retirement savings account, per the filing. That typically reflects personal portfolio activity rather than a change in company policy or a corporate event.
- No options were exercised, no awards were granted, and no gifts or tax-withholding actions are indicated in this filing.
- Motives for the sale are not stated; retail investors should treat sales as informational but not definitive signals of future company performance.