[8-K] Xponential Fitness, Inc. Reports Material Event
Chief Legal Officer Laureen Seeger disclosed significant insider activity in American Express (AXP) on Form 4 for 5-6 Aug 2025.
- 5 Aug: open-market sales of 39,383 shares at $297.24 and 22,338 shares at $297.88.
- 6 Aug: exercised 16,998 options at $177.06, immediately selling the same 16,998 shares at $294.83.
Total shares sold: 78,719 for gross proceeds of 鈮� $23.4 million. After paying 鈮� $3.0 million to exercise options, net cash realized is roughly $20.4 million.
Seeger鈥檚 direct holding fell from about 70,721 to 9,000.908 shares鈥攁n 87% reduction鈥攚hile all reported options were fully exercised, leaving no remaining derivative securities.
Sales were executed under a Rule 10b5-1 trading plan (box checked). Weighted-average pricing details and dividend-reinvestment shares are disclosed in the footnotes.
La Chief Legal Officer Laureen Seeger ha comunicato un'attivit脿 significativa di insider trading in American Express (AXP) tramite il Modulo 4 per i giorni 5-6 agosto 2025.
- 5 agosto: vendite sul mercato aperto di 39.383 azioni a $297,24 e 22.338 azioni a $297,88.
- 6 agosto: esercizio di 16.998 opzioni a $177,06, con vendita immediata delle stesse 16.998 azioni a $294,83.
Totale azioni vendute: 78.719 per un ricavo lordo di circa $23,4 milioni. Dopo aver pagato circa $3,0 milioni per l'esercizio delle opzioni, il ricavo netto 猫 approssimativamente $20,4 milioni.
La partecipazione diretta di Seeger 猫 scesa da circa 70.721 a 9.000,908 azioni, una riduzione dell'87%, mentre tutte le opzioni segnalate sono state completamente esercitate, non rimanendo quindi strumenti derivati.
Le vendite sono state effettuate nell'ambito di un piano di trading conforme alla Regola 10b5-1 (casella selezionata). I dettagli sul prezzo medio ponderato e sulle azioni reinvestite tramite dividendi sono indicati nelle note a pi猫 di pagina.
La Directora Legal Laureen Seeger revel贸 una actividad significativa de insider trading en American Express (AXP) mediante el Formulario 4 para los d铆as 5-6 de agosto de 2025.
- 5 de agosto: ventas en mercado abierto de 39,383 acciones a $297.24 y 22,338 acciones a $297.88.
- 6 de agosto: ejercicio de 16,998 opciones a $177.06, vendiendo inmediatamente esas mismas 16,998 acciones a $294.83.
Total de acciones vendidas: 78,719 por ingresos brutos aproximados de $23.4 millones. Despu茅s de pagar aproximadamente $3.0 millones para ejercer las opciones, el efectivo neto realizado es cerca de $20.4 millones.
La tenencia directa de Seeger baj贸 de aproximadamente 70,721 a 9,000.908 acciones, una reducci贸n del 87%, mientras que todas las opciones reportadas fueron ejercidas completamente, quedando sin valores derivados restantes.
Las ventas se realizaron bajo un plan de trading conforme a la Regla 10b5-1 (casilla marcada). Los detalles del precio promedio ponderado y las acciones reinvertidas con dividendos se revelan en las notas al pie.
氩曤 斓滉碃 毂呾瀯鞛� 搿滊Π 鞁滉卑(Laureen Seeger)電� 2025雲� 8鞗� 5~6鞚检瀽 Form 4毳� 韱淀暣 鞎勲⿺毽垢 鞚奠姢頂勲爤鞀�(AXP)鞚� 欷戩殧頃� 雮措秬鞛� 瓯半灅 雮挫棴鞚� 瓿店皽頄堨姷雼堧嫟.
- 8鞗� 5鞚�: 瓿店皽 鞁滌灔鞐愳劀 39,383欤茧ゼ 欤茧嫻 $297.24鞐�, 22,338欤茧ゼ 欤茧嫻 $297.88鞐� 毵る弰.
- 8鞗� 6鞚�: 欤茧嫻 $177.06鞐� 16,998 鞓奠厴鞚� 頄夓偓頃橁碃, 霃欖澕頃� 16,998欤茧ゼ 歃夓嫓 欤茧嫻 $294.83鞐� 毵る弰.
齑� 毵る弰 欤检嫕 靾�: 78,719欤�, 齑� 毵れ稖 鞎� $2,340毵� 雼煬. 鞓奠厴 頄夓偓 牍勳毄 鞎� $300毵� 雼煬毳� 鞝滌櫢頃橂┐ 靾滍槃旮� 鞁ろ槃鞎§潃 鞎� $2,040毵� 雼煬鞛呺媹雼�.
鞁滉卑鞚� 歆侅爲 氤挫湢 欤检嫕鞚� 鞎� 70,721欤检棎靹� 9,000.908欤茧 87% 臧愳唽頄堨溂氅�, 氤搓碃霅� 氇摖 鞓奠厴鞚� 鞕勳爠頌� 頄夓偓霅橃柎 雮潃 韺岇儩 歃濌秾鞚� 鞐嗢姷雼堧嫟.
毵る弰電� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 鞁ろ枆霅橃棃鞙茧┌(頃措嫻 氚曥姢 靹犿儩), 臧�欷戫弶攴� 臧�瓴� 靹鸽秬 靷暛瓿� 氚半嫻旮� 鞛埇鞛� 欤检嫕鞚� 臧侅＜鞐� 瓿店皽霅橃柎 鞛堨姷雼堧嫟.
La directrice juridique Laureen Seeger a divulgu茅 une activit茅 d'initi茅 significative chez American Express (AXP) via le formulaire 4 pour les 5 et 6 ao没t 2025.
- 5 ao没t : ventes sur le march茅 libre de 39 383 actions 脿 297,24 $ et 22 338 actions 脿 297,88 $.
- 6 ao没t : exercice de 16 998 options 脿 177,06 $, suivi de la vente imm茅diate des m锚mes 16 998 actions 脿 294,83 $.
Total des actions vendues : 78 719 pour un produit brut d'environ 23,4 millions de dollars. Apr猫s avoir pay茅 environ 3,0 millions de dollars pour l'exercice des options, le montant net r茅alis茅 est d'environ 20,4 millions de dollars.
La d茅tention directe de Seeger est pass茅e d'environ 70 721 脿 9 000,908 actions, soit une r茅duction de 87 %, tandis que toutes les options d茅clar茅es ont 茅t茅 enti猫rement exerc茅es, ne laissant aucun instrument d茅riv茅 restant.
Les ventes ont 茅t茅 effectu茅es dans le cadre d'un plan de n茅gociation conforme 脿 la r猫gle 10b5-1 (case coch茅e). Les d茅tails sur le prix moyen pond茅r茅 et les actions issues du r茅investissement des dividendes sont indiqu茅s en notes de bas de page.
Chief Legal Officer Laureen Seeger meldete bedeutende Insider-Transaktionen bei American Express (AXP) im Formular 4 f眉r den 5. und 6. August 2025.
- 5. August: Offene Marktverk盲ufe von 39.383 Aktien zu je 297,24 $ und 22.338 Aktien zu je 297,88 $.
- 6. August: Aus眉bung von 16.998 Optionen zu 177,06 $, sofortiger Verkauf derselben 16.998 Aktien zu 294,83 $.
Insgesamt verkaufte Aktien: 78.719 mit Bruttoerl枚sen von ca. 23,4 Mio. $. Nach Zahlung von ca. 3,0 Mio. $ f眉r die Aus眉bung der Optionen betr盲gt der Nettobetrag ungef盲hr 20,4 Mio. $.
Seegers Direktbestand sank von etwa 70.721 auf 9.000,908 Aktien 鈥� eine Reduktion um 87 % 鈥� w盲hrend alle gemeldeten Optionen vollst盲ndig ausge眉bt wurden, sodass keine derivativen Wertpapiere mehr verbleiben.
Die Verk盲ufe erfolgten im Rahmen eines Rule 10b5-1 Handelsplans (K盲stchen angekreuzt). Details zum gewichteten Durchschnittspreis und zu Dividenden-Reinvestitionsanteilen sind in den Fu脽noten angegeben.
- None.
- None.
Insights
TL;DR: Major insider sale鈥�78.7k shares sold; stake cut to 9k; signals reduced personal exposure.
The magnitude and timing of the sales鈥斺増$23 m in two days鈥攊ndicate deliberate diversification rather than routine liquidity. Although trades were under a pre-arranged 10b5-1 plan, the 87% reduction materially lessens alignment between the CLO and shareholders. The near-market-high prices ($294-$298) suggest opportunistic execution. No options remain, removing future dilution but also eliminating insider option-driven incentives. Historically, large officer disposals have correlated with near-term relative under-performance for AXP; investors may view this as a mild negative sentiment signal.
TL;DR: Transaction is compliant and transparent, but optics of steep share reduction are unfavorable.
Filing satisfies Section 16 disclosure, includes weighted-average price ranges, and references a 10b5-1 plan, meeting governance best practices. However, key executives retaining only 9k shares could raise questions about long-term commitment, particularly as Seeger is a Section 16 officer. Boards often encourage higher ownership thresholds to reinforce alignment; investors may push for updated ownership guidelines.
La Chief Legal Officer Laureen Seeger ha comunicato un'attivit脿 significativa di insider trading in American Express (AXP) tramite il Modulo 4 per i giorni 5-6 agosto 2025.
- 5 agosto: vendite sul mercato aperto di 39.383 azioni a $297,24 e 22.338 azioni a $297,88.
- 6 agosto: esercizio di 16.998 opzioni a $177,06, con vendita immediata delle stesse 16.998 azioni a $294,83.
Totale azioni vendute: 78.719 per un ricavo lordo di circa $23,4 milioni. Dopo aver pagato circa $3,0 milioni per l'esercizio delle opzioni, il ricavo netto 猫 approssimativamente $20,4 milioni.
La partecipazione diretta di Seeger 猫 scesa da circa 70.721 a 9.000,908 azioni, una riduzione dell'87%, mentre tutte le opzioni segnalate sono state completamente esercitate, non rimanendo quindi strumenti derivati.
Le vendite sono state effettuate nell'ambito di un piano di trading conforme alla Regola 10b5-1 (casella selezionata). I dettagli sul prezzo medio ponderato e sulle azioni reinvestite tramite dividendi sono indicati nelle note a pi猫 di pagina.
La Directora Legal Laureen Seeger revel贸 una actividad significativa de insider trading en American Express (AXP) mediante el Formulario 4 para los d铆as 5-6 de agosto de 2025.
- 5 de agosto: ventas en mercado abierto de 39,383 acciones a $297.24 y 22,338 acciones a $297.88.
- 6 de agosto: ejercicio de 16,998 opciones a $177.06, vendiendo inmediatamente esas mismas 16,998 acciones a $294.83.
Total de acciones vendidas: 78,719 por ingresos brutos aproximados de $23.4 millones. Despu茅s de pagar aproximadamente $3.0 millones para ejercer las opciones, el efectivo neto realizado es cerca de $20.4 millones.
La tenencia directa de Seeger baj贸 de aproximadamente 70,721 a 9,000.908 acciones, una reducci贸n del 87%, mientras que todas las opciones reportadas fueron ejercidas completamente, quedando sin valores derivados restantes.
Las ventas se realizaron bajo un plan de trading conforme a la Regla 10b5-1 (casilla marcada). Los detalles del precio promedio ponderado y las acciones reinvertidas con dividendos se revelan en las notas al pie.
氩曤 斓滉碃 毂呾瀯鞛� 搿滊Π 鞁滉卑(Laureen Seeger)電� 2025雲� 8鞗� 5~6鞚检瀽 Form 4毳� 韱淀暣 鞎勲⿺毽垢 鞚奠姢頂勲爤鞀�(AXP)鞚� 欷戩殧頃� 雮措秬鞛� 瓯半灅 雮挫棴鞚� 瓿店皽頄堨姷雼堧嫟.
- 8鞗� 5鞚�: 瓿店皽 鞁滌灔鞐愳劀 39,383欤茧ゼ 欤茧嫻 $297.24鞐�, 22,338欤茧ゼ 欤茧嫻 $297.88鞐� 毵る弰.
- 8鞗� 6鞚�: 欤茧嫻 $177.06鞐� 16,998 鞓奠厴鞚� 頄夓偓頃橁碃, 霃欖澕頃� 16,998欤茧ゼ 歃夓嫓 欤茧嫻 $294.83鞐� 毵る弰.
齑� 毵る弰 欤检嫕 靾�: 78,719欤�, 齑� 毵れ稖 鞎� $2,340毵� 雼煬. 鞓奠厴 頄夓偓 牍勳毄 鞎� $300毵� 雼煬毳� 鞝滌櫢頃橂┐ 靾滍槃旮� 鞁ろ槃鞎§潃 鞎� $2,040毵� 雼煬鞛呺媹雼�.
鞁滉卑鞚� 歆侅爲 氤挫湢 欤检嫕鞚� 鞎� 70,721欤检棎靹� 9,000.908欤茧 87% 臧愳唽頄堨溂氅�, 氤搓碃霅� 氇摖 鞓奠厴鞚� 鞕勳爠頌� 頄夓偓霅橃柎 雮潃 韺岇儩 歃濌秾鞚� 鞐嗢姷雼堧嫟.
毵る弰電� Rule 10b5-1 瓯半灅 瓿勴殟鞐� 霐半澕 鞁ろ枆霅橃棃鞙茧┌(頃措嫻 氚曥姢 靹犿儩), 臧�欷戫弶攴� 臧�瓴� 靹鸽秬 靷暛瓿� 氚半嫻旮� 鞛埇鞛� 欤检嫕鞚� 臧侅＜鞐� 瓿店皽霅橃柎 鞛堨姷雼堧嫟.
La directrice juridique Laureen Seeger a divulgu茅 une activit茅 d'initi茅 significative chez American Express (AXP) via le formulaire 4 pour les 5 et 6 ao没t 2025.
- 5 ao没t : ventes sur le march茅 libre de 39 383 actions 脿 297,24 $ et 22 338 actions 脿 297,88 $.
- 6 ao没t : exercice de 16 998 options 脿 177,06 $, suivi de la vente imm茅diate des m锚mes 16 998 actions 脿 294,83 $.
Total des actions vendues : 78 719 pour un produit brut d'environ 23,4 millions de dollars. Apr猫s avoir pay茅 environ 3,0 millions de dollars pour l'exercice des options, le montant net r茅alis茅 est d'environ 20,4 millions de dollars.
La d茅tention directe de Seeger est pass茅e d'environ 70 721 脿 9 000,908 actions, soit une r茅duction de 87 %, tandis que toutes les options d茅clar茅es ont 茅t茅 enti猫rement exerc茅es, ne laissant aucun instrument d茅riv茅 restant.
Les ventes ont 茅t茅 effectu茅es dans le cadre d'un plan de n茅gociation conforme 脿 la r猫gle 10b5-1 (case coch茅e). Les d茅tails sur le prix moyen pond茅r茅 et les actions issues du r茅investissement des dividendes sont indiqu茅s en notes de bas de page.
Chief Legal Officer Laureen Seeger meldete bedeutende Insider-Transaktionen bei American Express (AXP) im Formular 4 f眉r den 5. und 6. August 2025.
- 5. August: Offene Marktverk盲ufe von 39.383 Aktien zu je 297,24 $ und 22.338 Aktien zu je 297,88 $.
- 6. August: Aus眉bung von 16.998 Optionen zu 177,06 $, sofortiger Verkauf derselben 16.998 Aktien zu 294,83 $.
Insgesamt verkaufte Aktien: 78.719 mit Bruttoerl枚sen von ca. 23,4 Mio. $. Nach Zahlung von ca. 3,0 Mio. $ f眉r die Aus眉bung der Optionen betr盲gt der Nettobetrag ungef盲hr 20,4 Mio. $.
Seegers Direktbestand sank von etwa 70.721 auf 9.000,908 Aktien 鈥� eine Reduktion um 87 % 鈥� w盲hrend alle gemeldeten Optionen vollst盲ndig ausge眉bt wurden, sodass keine derivativen Wertpapiere mehr verbleiben.
Die Verk盲ufe erfolgten im Rahmen eines Rule 10b5-1 Handelsplans (K盲stchen angekreuzt). Details zum gewichteten Durchschnittspreis und zu Dividenden-Reinvestitionsanteilen sind in den Fu脽noten angegeben.
FAQ
How many American Express (AXP) shares did Laureen Seeger sell?
What is Seeger鈥檚 remaining AXP shareholding after the transactions?
Were the trades executed under a Rule 10b5-1 plan?
What was the option exercise price and size?
Are any derivative securities left outstanding?
