American Express Co Chief Legal Officer Laureen Seeger filed a Form 4 on November 3, 2026, disclosing the exercise of employee stock options and the same-day sale of 69,860 shares of common stock on November 2, 2026.

Key Highlights

  • Option exercise: Seeger exercised 69,860 employee stock options at an exercise price of $148.45 per share on November 2, 2026.
  • Shares sold: 69,860 shares of common stock were disposed of at a weighted average price of $328.17, with individual sale prices ranging from $327.60 to $328.51.
  • Post-transaction ownership: Following the transactions, Seeger directly held 9,002.033 shares of common stock.
  • Option vesting: According to the filing, the exercised options represent "the remaining 25% of the Performance Stock Options granted to the reporting person in October 2022," vesting upon satisfaction of performance criteria and continued employment through October 31, 2026.
  • Options acquired: On October 31, 2026, Seeger acquired 17,465 employee stock options (transaction code A) with an exercise price of $148.45, exercisable through October 31, 2029.
  • Remaining derivative securities: Following the reported transactions, Seeger holds 0 of the exercised options and 69,860 total employee stock options directly.

Seeger's Option Exercise and Share Sale at American Express

According to the Form 4 filed with the SEC on November 3, 2026, Laureen Seeger, Chief Legal Officer of American Express Co (NYSE:AXP), carried out two non-derivative transactions on November 2, 2026. First, she acquired 69,860 shares of common stock through the exercise of employee stock options at a conversion price of $148.45 per share (transaction code M). Prior to the sale, her direct beneficial ownership stood at 78,862.033 shares, which the filing notes includes shares acquired pursuant to dividend reinvestment.

On the same date, Seeger disposed of all 69,860 acquired shares (transaction code S) at a weighted average price of $328.17. The filing states that the shares "were sold in multiple transactions at prices ranging from $327.60 to $328.51." After this disposition, her direct holdings in common stock were reduced to 9,002.033 shares. The filing further notes that full information regarding the number of shares sold at each separate price is available upon request to American Express, any security holder, or SEC staff.

Separately, the filing discloses that on October 31, 2026, Seeger acquired 17,465 employee stock options at an exercise price of $148.45, exercisable from October 31, 2026 through October 31, 2029. The filing explains these represent "the remaining 25% of the Performance Stock Options granted to the reporting person in October 2022, based upon the satisfaction of performance criteria specified for the award at the time of grant and the reporting person's continued employment through October 31, 2026." Following the exercise of the 69,860 options on November 2, the balance of those options was reduced to zero, with 69,860 total derivative securities remaining beneficially owned directly.

What Was Disclosed

Laureen Seeger, Chief Legal Officer of American Express Co, disclosed the vesting and exercise of 69,860 performance stock options and the same-day sale of an equal number of shares at a weighted average of $328.17, leaving her with a direct holding of 9,002.033 shares.