American Express Company (AXP) CEO Sells $52,561,345.20 in Stock

American Express Company (NYSE:AXP) CEO Kenneth I. Chenault sold 838,968 shares of the stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $62.65, for a total transaction of $52,561,345.20. Following the transaction, the chief executive officer now directly owns 1,444,572 shares in the company, valued at approximately $90,502,435.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Source: Ticker Report

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