Insider transaction details
Laureen Seeger, the Chief Legal Officer of AMERICAN EXPRESS CO (NYSE:AXP), completed the sale of 12,737 shares of the company's common stock on February 9, 2026. The disposition generated total proceeds of $4.59 million and was executed at a weighted average price of $360.99 per share. Individual trade prices within the block ranged from $360.80 to $361.38.
After the transaction, Seeger directly owns 9,001.577 shares of American Express common stock.
Quarterly financials and capital actions
American Express released its fourth-quarter 2025 earnings, reporting an earnings-per-share (EPS) result of $3.53, which was slightly below the consensus expectation of $3.54. Revenue for the quarter came in at $18.98 billion, surpassing the forecasted $18.92 billion.
In conjunction with ongoing financing activities, the company announced the issuance of $3.5 billion in new notes across multiple maturities. Among the offerings is $1.35 billion of fixed-to-floating rate notes carrying a 4.009% coupon that mature in 2029.
Partnership renewal
American Express also disclosed a renewal of its multiyear partnership with the National Basketball Association. The expanded agreement brings USA Basketball and NBA Take-Two Media into the scope of the relationship and keeps American Express in place as the Official Payment Partner for the NBA, the WNBA, and the NBA G League.
Context and implications
The facts reported here combine an executive stock sale, quarterly operating results, a notable debt issuance and a strategic marketing partnership renewal. The insider sale was carried out at a weighted average just above $360 per share; the company’s quarterly report showed a narrow EPS shortfall while delivering revenue modestly above expectations. The debt offering announced includes a tranche of fixed-to-floating rate notes due in 2029 representing $1.35 billion of the total $3.5 billion issuance. The partnership renewal maintains American Express’s payments presence across major U.S. basketball properties.
Key points
- Laureen Seeger sold 12,737 shares on February 9, 2026, for $4.59 million at a weighted average price of $360.99; post-sale holdings are 9,001.577 shares.
- American Express reported Q4 2025 EPS of $3.53 versus an expected $3.54, and revenue of $18.98 billion versus a $18.92 billion estimate.
- The company issued $3.5 billion in new notes, including $1.35 billion of 4.009% fixed-to-floating notes maturing in 2029, and renewed a multiyear partnership with the NBA, extended to include USA Basketball and NBA Take-Two Media.
Risks and uncertainties
- Insider sale - The disposal reduced the legal officer’s direct shareholdings to 9,001.577 shares.
- Near-term earnings pressure - Q4 2025 EPS landed slightly below consensus, indicating tight margins relative to expectations for that period.
- Debt issuance - The company’s $3.5 billion note placement, including fixed-to-floating rate notes, alters the maturity profile and interest obligations on the balance sheet.
These items together reflect discrete corporate actions and reported results; the piece confines itself to the specific transactions and figures disclosed.