That SSD does NOT use SATA Express, rather NVMe, so it will not work. You can however use a PCIe riser board for it.
You are confusing the connector (U.2) for the underlying technology (sata express). Your motherboard just happens to support sata express over U.2 connector, perhaps it supports NVMe too, but you can't convert once to sata express and then back to U.2 since now it'll be stuck in sata express while your SSD needs [strike]NVMe[/strike] full 4x pcie