Stacey Friedman - May 20, 2024 Form 4 Insider Report for JPMORGAN CHASE & CO (JPM)

General Counsel
/s/ Holly Youngwood under POA
Stock symbol
Transactions as of
May 20, 2024
Transactions value $
Form type
Date filed
5/20/2024, 05:14 PM
Previous filing
Mar 27, 2024
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction JPM Common Stock -Sell -$885,862 -4,415 -9.49% $200.65 42,124 May 20, 2024 Direct F1
holding JPM Common Stock 59,122 May 20, 2024 By GRAT F1
holding JPM Common Stock 6,012 May 20, 2024 By Trust F1

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Balances reflect a) 7,800 shares transferred from a Grantor Retained Annuity Trust ("GRAT") to the Grantor on April 29, 2024; b) 6,012 shares transferred from a GRAT to the Grantor's Family Trust on April 29, 2024; c) 6,797 shares transferred from a GRAT to the Grantor on May 6, 2024; and d) 45,175 shares transferred from the Grantor to fund a GRAT on May 7, 2024. These transactions are exempt from Section 16(b) pursuant to Rule 16a-13.