Mary E. Erdoes - Feb 1, 2025 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

Role
CEO Asset & Wealth Management
Signature
/s/ Holly Youngwood under POA
Stock symbol
JPM
Transactions as of
Feb 1, 2025
Transactions value $
-$51,000
Form type
4
Date filed
3/20/2025, 04:16 PM
Previous filing
Jan 23, 2025
Next filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JPM Preferred Stock, Series HH Other -$51K -51K -100% $1.00 0 Feb 1, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JPM Performance Share Units Award $0 +62.9K $0.00 62.9K Mar 18, 2025 Common Stock 62.9K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Depositary shares, each representing a 1/10th interest in a share of JPMorgan Chase & Co. 4.60% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series HH were called for redemption by the issuer at a price equal to their face value.
F2 Each Performance Share Unit (PSU) represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals.
F3 Represents PSUs earned (including reinvested dividend equivalents) based on the Firm's attainment of pre-established performance goals for the three-year performance period ended December 31, 2024. The PSUs are expected to vest and settle in shares of common stock on March 25, 2025, which will be reported in a later Form 4 filing. In accordance with the terms of the PSUs, the Board's Compensation & Management Development Committee has certified the Firm's absolute and relative performance against the pre-established performance goals for the performance period and has determined that the maximum amount of the previously granted PSUs has been earned.
F4 Shares delivered, after applicable tax withholding, must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant, as provided under the terms of the PSU award granted on January 18, 2022.