Rep. Rick Larsen Sells American Express Stock

The Democratic congressman from Washington's 2nd district disclosed the stock sale in a recent filing.

Apr. 18, 2026 at 6:10am

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A highly detailed, macro-level view of the inner workings of a credit card processing machine, with gears, circuits, and metallic components filling the frame in muted industrial tones, conveying a sense of the sophisticated financial infrastructure that powers the payments industry.The intricate machinery behind the American Express payments network reflects the financial industry's growing complexity and influence.Snohomish Today

Representative Rick Larsen (Democratic-Washington) recently sold between $1,001 and $15,000 worth of American Express Company (NYSE:AXP) stock on April 7th. The trade occurred in the Representative's 'RICHARD R LARSEN IRA' account, according to a filing disclosed on April 15th.

Why it matters

As a member of Congress, Larsen's financial transactions are subject to public disclosure requirements. This sale of American Express stock is noteworthy as it provides insight into the investment decisions of an elected official who serves on key committees overseeing financial services and infrastructure.

The details

The American Express stock sale by Rep. Larsen comes as the company's shares have fluctuated in recent months. American Express stock opened at $331.47 on Friday, April 15th, with a market cap of $227.32 billion, a P/E ratio of 21.54, and a price-to-earnings-growth ratio of 1.37. The company also recently increased its quarterly dividend to $0.95 per share.

  • Rep. Larsen disclosed the stock sale in a filing on April 15, 2026.
  • The stock trade occurred on April 7, 2026.

The players

Rep. Rick Larsen

A Democratic member of the U.S. House of Representatives, serving Washington's 2nd Congressional District since 2001. Larsen is assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

American Express Company

A global financial services company primarily known for its payment card products, travel services and merchant network. American Express was founded in 1850 as an express mail business and has evolved into a major payments and travel-focused organization.

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What’s next

The details of Rep. Larsen's stock trade will likely be further scrutinized by financial media and government oversight entities to ensure there are no conflicts of interest or improper activities.

The takeaway

As an elected official with influence over financial services and infrastructure policy, Rep. Larsen's personal investment decisions are subject to public transparency. This stock sale highlights the ongoing need for robust financial disclosure requirements and ethical standards for members of Congress.