AMERICAN EXPRESS CO — Director's Dealing 2025

Nov 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2025-10-31

Reporting Person: Squeri Stephen J (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-03	Common Stock	G	10688	—	Disposed	163292	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-31	Employee Stock Option (Right to Buy)	$148.45	A	224551	Acquired	2029-10-31	Common Stock (224551)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	129.52	Indirect

Footnotes

F1: Reflects the gift of common stock to a charitable donor advised fund.

F2: 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.

F3: Represents shares acquired pursuant to vesting of Performance Stock Option (Options) that were granted to the reporting person in October 2022, 75% of which have vested based upon the satisfaction of performance criteria specified for the award at time of grant. The remaining 25% of the Options remain subject to the satisfaction of performance criteria and the reporting person's continued employment through October 31, 2026.