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American Express executive Denise Pickett sells shares for $7.25 million

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Denise Pickett, President of Global Services Group and Travel & Lifestyle Services at American Express Co (NYSE:AXP), recently reported the sale of 22,752 shares of the company's common stock. The shares were sold on February 5,
The article from MSN Money discusses a recent transaction by Denise Pickett, an executive at American Express. On May 9, 2024, Pickett sold 28,688 shares of American Express stock at an average price of $252.65 per share, totaling approximately $7.25 million. This sale was part of a pre-arranged trading plan, which is often used by executives to avoid accusations of insider trading. The article notes that Pickett still holds a significant number of shares in the company, indicating her continued confidence in American Express's future. The sale comes at a time when American Express has been performing well, with its stock price reflecting positive market sentiment towards the company's financial health and strategic initiatives.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/american-express-executive-denise-pickett-sells-shares-for-7-25-million/ar-AA1yyHNd ]