JPMorgan notes amendment (AMJB) sets initial values for AMZN, BRK/B, PM

Rhea-AI Filing Summary

JPMorgan Chase Financial Company LLC files an amendment to a pricing supplement for structured notes linked to the least performing of BRK/B, AMZN and Philip Morris. The amendment sets the Initial Value, Interest Barrier and Trigger Value for each reference stock: Class B Berkshire Hathaway $473.49, Amazon.com $243.01, Philip Morris $178.59. The notes mature January 31, 2031 and are fully and unconditionally guaranteed by JPMorgan Chase & Co.

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Accepted by SEC EDGAR 03/05/2026 - 09:23 PM Learn about SEC filing dates

FAQ

What does the AMJB amendment set for the Initial Values?

The amendment specifies initial values of the reference stocks for the notes: BRK/B $473.49, AMZN $243.01, PM $178.59. This defines the starting price levels used to calculate payouts and barriers in the product’s terms.

Which stocks back the JPMorgan structured notes (AMJB)?

The notes are linked to the least performing of three stocks: Class B Berkshire Hathaway (BRK/B), Amazon.com (AMZN), and Philip Morris International. The amendment lists each stock’s initial and barrier values.

What key thresholds does the pricing amendment disclose?

It discloses the Interest Barrier and Trigger Value for each reference stock: for example, BRK/B Interest Barrier $293.5638, Trigger Value $364.5873. These thresholds affect coupon and principal outcomes.

Who guarantees these structured notes and when do they mature?

The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co. and mature on January 31, 2031. The amendment should be read with the pricing supplement and product supplement.

Where can I read the full terms and risk factors for AMJB notes?

The amendment references the pricing supplement and product/prospectus supplements; hyperlinks are provided to each document. See the cited prospectus and pricing supplement for detailed Risk Factors and terms.

March 5, 2026 Registration Statement Nos. 333-270004 and 333-270004-01; Rule 424(b)(3)
Amendment no. 1 to pricing supplement dated January 28, 2026 to product supplement no. 4-I dated April 13, 2023, the prospectus and prospectus
supplement, each dated April 13, 2023, and the prospectus addendum dated June 3, 2024
JPMorgan Chase Financial Company LLC
Structured Investments
Auto Callable Contingent Interest Notes Linked to the Least
Performing of the Class B Common Stock of Berkshire
Hathaway Inc., the Common Stock of Amazon.com, Inc. and the
Common Stock of Philip Morris International Inc. due January
31, 2031
Fully and Unconditionally Guaranteed by JPMorgan Chase & Co.
Notwithstanding anything to the contrary set forth in the pricing supplement dated January 28, 2026, related to the notes referred
to above (the “pricing supplement”), the Initial Value, Interest Barrier and Trigger Value are as follows:
Reference Stock
Bloomberg
Ticker
Symbol
Initial Value
Interest
Barrier
Trigger Value
Class B common stock of Berkshire Hathaway Inc., par value
$0.0033 per share
BRK/B
$473.49
$293.5638
$364.5873
Common stock of Amazon.com, Inc., par value $0.01 per share
AMZN
$243.01
$150.6662
$187.1177
Common stock of Philip Morris International Inc., no par value
PM
$178.59
$110.7258
$137.5143
CUSIP: 46660JBK7
Investing in the notes involves a number of risks. See “Risk Factors” beginning on page S-2 of the accompanying
prospectus supplement, Annex A to the accompanying prospectus addendum, “Risk Factors” beginning on page PS-11
of the accompanying product supplement and “Selected Risk Considerations” beginning on page PS-7 of the pricing
supplement.
Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved
of the notes or passed upon the accuracy or the adequacy of this amendment, the pricing supplement or the accompanying
product supplement, prospectus supplement, prospectus and prospectus addendum. Any representation to the contrary is a
criminal offense.
The notes are not bank deposits, are not insured by the Federal Deposit Insurance Corporation or any other governmental agency
and are not obligations of, or guaranteed by, a bank.
You should read this amendment together with the pricing supplement and the related product supplement, prospectus
supplement, prospectus and prospectus addendum, each of which can be accessed via the hyperlinks below. Please also see
“Additional Terms Specific to the Notes” in the pricing supplement.
Pricing supplement dated January 28, 2026:
http://www.sec.gov/Archives/edgar/data/19617/000121390026010304/ea0274882-01_424b2.htm
Product supplement no. 4-I dated April 13, 2023:
http://www.sec.gov/Archives/edgar/data/19617/000121390023029539/ea152803_424b2.pdf
Prospectus supplement and prospectus, each dated April 13, 2023:
http://www.sec.gov/Archives/edgar/data/19617/000095010323005751/crt_dp192097-424b2.pdf
Prospectus addendum dated June 3, 2024:
http://www.sec.gov/Archives/edgar/data/1665650/000095010324007599/dp211753_424b3.htm