---
schema_version: "secwatch.filing_event.v1"
accession: "0000004962-26-000338"
form_type: "8-K"
ticker: "AXP"
cik: "0000004962"
company_name: "AMERICAN EXPRESS CO"
filed_at: "2026-08-12T21:29:42+00:00"
generated_at: "2026-08-12T21:32:06.819306+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AmEx raises $1.6B via Series E preferred; to redeem Series D on Sept 15

## Summary
- Issued 1,600,000 depositary shares (each 1/1,000th interest) of 6.450% Fixed Rate Reset Noncumulative Preferred Shares, Series E.
- Each Series E preferred share has $1,000,000 liquidation preference; equivalent $1,000 per depositary share.
- Plans to redeem all Series D preferred (3.550%) on Sept 15, 2026 at $1,000 per depositary share plus unpaid dividends.
- Dividend restrictions on common/parity preferred if Series E dividends are not fully declared and paid.

## SEC filing metadata
- accession: 0000004962-26-000338
- form_type: 8-K
- ticker: AXP
- cik: 0000004962
- company_name: AMERICAN EXPRESS CO
- filed_at: 2026-08-12T21:29:42+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4962/000000496226000338/0000004962-26-000338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4962/000000496226000338/axp-20260812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004962-26-000338
- JSON: https://secwatch.observer/filing/0000004962-26-000338.json
- Plain text: https://secwatch.observer/filing/0000004962-26-000338.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.