Raymond Joabar, Group President of Global Commercial Services at American Express Co, filed a statement of changes in beneficial ownership on November 3, 2026, reporting the acquisition of employee stock options dated October 31, 2026.

Key Highlights

  • Reporting person: Raymond Joabar, officer titled "Grp. Pres., Global Comm. Serv." at American Express Co (NYSE:AXP)
  • Transaction date: October 31, 2026, with the filing submitted November 3, 2026
  • Options acquired: 22,455 Employee Stock Options (Right to Buy) with an exercise price of $148.45 per share
  • Vesting detail: These options represent the remaining 25% of a Performance Stock Options grant originally awarded in October 2022, vesting upon satisfaction of specified performance criteria and continued employment through October 31, 2026
  • Expiration date: The options expire on October 31, 2029
  • Post-transaction holdings: Joabar beneficially owns 89,820 derivative securities (Employee Stock Options) directly following this transaction
  • Price of derivative security: $0, as reported in the filing

Raymond Joabar's October 2026 Option Vesting at American Express

According to the filing, Raymond Joabar, who serves as Group President of Global Commercial Services at American Express Co, acquired 22,455 Employee Stock Options on October 31, 2026. The transaction code is listed as "A," indicating an acquisition. The exercise price of the options is $148.45 per share, and the options carry an expiration date of October 31, 2029, giving a three-year window from the vesting date for exercise.

The filing's explanation of responses states that the 22,455 options "represent the vesting of 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." American Express, the issuer, is a global payments company whose common stock underlies these derivative securities. Following this transaction, Joabar directly holds 89,820 Employee Stock Options in total, according to the filing. The price of the derivative security at acquisition is reported as $0. The filing was signed by James J. Killerlane III as attorney-in-fact on November 3, 2026.

What Was Disclosed

The filing reports the acquisition of 22,455 Employee Stock Options by Raymond Joabar, Group President of Global Commercial Services at American Express Co (NYSE:AXP), on October 31, 2026, representing the final 25% vesting of a 2022 performance-based grant, bringing his total directly held options to 89,820.