AXP - American Express Co

Insider Sale by Joabar Raymond (Grp. Pres, Global Comm. Serv.)

1 Month
After Trade
Before Trade

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Trade Summary

3 days ago, Joabar Raymond, serving as Grp. Pres, Global Comm. Serv. at American Express Co (AXP), sold 14,000 shares at $340.67 per share, for a total transaction value of $4,769,396.00. Following this transaction, Joabar Raymond now holds 10,442 shares of AXP.

This sale represents a 57.00% decrease in Joabar Raymond's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, February 19, 2026 and publicly disclosed via SEC Form 4 filing on Friday, February 20, 2026, 1 day after the trade was made.

American Express Co operates in the FINANCIAL SERVICES sector, specifically within the CREDIT SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Joabar Raymond

Joabar Raymond

Grp. Pres, Global Comm. Serv.

Raymond Donald Joabar, age 59, is the Group President of American Express’ Global Commercial Services (GCS) and Global Servicing organizations, overseeing U.S. small and medium enterprise and global commercial card portfolios, B2B payments, working capital and spend management businesses, and global customer service operations for consumers, commercial clients, and merchants.[[1]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/person-details/default.aspx?ItemId=21f14bdc-7c9f-4035-8d13-8b83715eed88)[[3]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/default.aspx) A 33+ year veteran of American Express since 1992, he previously served as Group President of Global Merchant & Network Services (GMNS), Chief Risk Officer for American Express Company and American Express National Bank, and President of International Card Services, managing Global Travel and Lifestyle Services across multiple countries.[[1]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/person-details/default.aspx?ItemId=21f14bdc-7c9f-4035-8d13-8b83715eed88)[[2]](https://fintool.com/app/research/companies/GBTG/people/raymond-joabar)[[3]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/default.aspx)[[4]](https://amex2020ir.q4web.com/news/investor-relations-news/investor-relations-news-details/2021/Organization-Announcement-American-Express/default.aspx) He is a member of American Express’ Executive Committee and an Officer of American Express National Bank.[[1]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/person-details/default.aspx?ItemId=21f14bdc-7c9f-4035-8d13-8b83715eed88)[[3]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/default.aspx) Joabar holds a B.S. in Electrical Engineering from the University of Michigan and an MBA from Manchester Business School.[[1]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/person-details/default.aspx?ItemId=21f14bdc-7c9f-4035-8d13-8b83715eed88)[[2]](https://fintool.com/app/research/companies/GBTG/people/raymond-joabar) Outside American Express, he serves as a Class III director on the board of Global Business Travel Group, Inc. (GBTG) since 2019 (current term from May 2022), nominated by American Express, and sits on its Risk Management & Compliance Committee; he also serves on the boards of Lincoln Center Theater and the U.S. Travel Association’s CEO Roundtable.[[1]](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/person-details/default.aspx?ItemId=21f14bdc-7c9f-4035-8d13-8b83715eed88)[[2]](https://fintool.com/app/research/companies/GBTG/people/raymond-joabar)[[7]](https://investors.amexglobalbusinesstravel.com/investors/governance/board-of-directors/default.aspx)

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Trade Price

$340.67

Quantity

14,000

Total Value

$4,769,396.00

Shares Owned

10,442

Trade Date

Thursday, February 19, 2026

3 days ago

SEC Filing Date

Friday, February 20, 2026

Filed 1 day after trade

FINANCIAL SERVICESCREDIT SERVICES

About American Express Co

Company Overview

No company information available
View news mentioning AXP

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