American Express (NYSE: AXP) exec sells 14,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Express executive Raymond Joabar reported selling 14,000 shares of common stock in open-market transactions. On February 19, 2026, the Group President, Global Commercial Services, sold 2,835 shares at $338.98, 2,840 shares at $340.03, 4,977 shares at $341.14, and 3,348 shares at $341.95.
The reported prices are weighted averages for multiple trades within ranges from $338.46 to $342.36. After these sales, he held 8,702.026 shares directly, plus 1,486.996 shares indirectly through a spouse and 253.46 shares indirectly via a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,000 shares ($4,769,396)
Net Sell
6 txns
Insider
Joabar Raymond
Role
Grp. Pres., Global Comm. Serv.
Sold
14,000 shs ($4.77M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,835 | $338.98 | $961K |
| Sale | Common Stock | 2,840 | $340.03 | $966K |
| Sale | Common Stock | 4,977 | $341.14 | $1.70M |
| Sale | Common Stock | 3,348 | $341.95 | $1.14M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,867.026 shares (Direct);
Common Stock — 1,486.996 shares (Indirect, By Spouse)
Footnotes (1)
- The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $338.46 to $339.45. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $339.48 to $340.44. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $340.60 to $341.59. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range. The price reported in Column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $341.60 to $342.36. The reporting person undertakes to provide to American Express Company, any security holder of American Express Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range. 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.
FAQ
What is Raymond Joabar’s position at American Express (AXP)?
Raymond Joabar is reported as Group President, Global Commercial Services at American Express. This senior executive role is disclosed in the Form 4 as his officer title, indicating he is a key member of the company’s leadership team involved in global commercial services.
Were Raymond Joabar’s American Express transactions open-market sales?
Yes, the Form 4 describes each transaction as an open-market sale of common stock. The transaction code “S” is defined in the filing as a sale in the open market or a private transaction, with no indication of exercises, gifts, or tax-withholding dispositions.