AMERICAN EXPRESS CO — Director's Dealing 2025

Oct 23, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN EXPRESS CO (AXP)
CIK: 0000004962
Period of Report: 2025-10-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-21	Common Stock	G	21450	—	Disposed	0	Indirect
2025-10-21	Common Stock	G	6665	—	Disposed	0	Indirect
2025-10-21	Common Stock	J	11000	—	Acquired	173980	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	129.38	Indirect

Footnotes

F1: Balance reflects the transfer of 17,300 shares from a Grantor Retained Annuity Trust (GRAT) to the reporting person as an annuity payment, which is exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934.

F2: Represents shares of Company common stock transferred to the reporting person in connection with a debt previously contracted, which combined with cash, has a deemed value equal to the amount of debt discharged. Accordingly, such acquisition is exempt from Section 16(b) of the Securities Exchange Act of 1934.

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.