JPMorgan Chase (NYSE: JPM) director receives 122-share stock grant

Rhea-AI Filing Summary

JPMorgan Chase & Co. director Phebe N. Novakovic reported a stock-based compensation transaction. On June 30, 2026, she received 122.2008 shares of common stock as a grant, award, or other acquisition at $327.33 per share, described as a deferral of her quarterly director retainer payable in stock after her board service ends.

Following this grant, she directly holds 13,582.5596 shares of JPMorgan Chase common stock and has an additional 45 shares held indirectly through her spouse. The filing reflects routine director compensation rather than an open-market purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider NOVAKOVIC PHEBE N

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	122.201	$327.33	$40K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 13,582.56 shares (Direct, null); Common Stock — 45 shares (Indirect, By Spouse)

Footnotes (1)

1. [object Object]

Key Figures

Stock grant size: 122.2008 shares Grant price per share: $327.33 per share Direct holdings after transaction: 13,582.5596 shares +2 more

5 metrics

Stock grant size 122.2008 shares Common Stock grant to director on June 30, 2026

Grant price per share $327.33 per share Reference price for stock award

Direct holdings after transaction 13,582.5596 shares Common Stock held directly post-grant

Indirect holdings via spouse 45 shares Common Stock held indirectly by spouse

Transaction date June 30, 2026 Date of reported Form 4 transactions

Key Terms

Grant, award, or other acquisition, Common Stock, quarterly retainer, indirect ownership

4 terms

Grant, award, or other acquisition financial

"transaction is described as a grant, award, or other acquisition"

Common Stock financial

"received 122.2008 shares of common stock as a grant"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

quarterly retainer financial

"Deferral of quarterly retainer, payable in common stock"

indirect ownership financial

"45 shares held indirectly through her spouse"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/01/2026 - 04:17 PM Accepted by SEC EDGAR 07/01/2026 - 04:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

NOVAKOVIC PHEBE N

(Last) (First) (Middle)

270 PARK AVENUE

(Street)

NEW YORK NEW YORK 10017-2014

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
JPMORGAN CHASE & CO [ JPM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2026		A(1)		122.2008	A	$327.33	13,582.5596	D
Common Stock								45	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Deferral of quarterly retainer, payable in common stock following termination of service as director.

Remarks:

poanovakovic.txt

	/s/ Denise G. Connors under POA	07/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did JPM (JPMORGAN CHASE & CO) report for Phebe Novakovic?

Phebe N. Novakovic reported receiving a grant of JPMorgan Chase common stock. She was awarded 122.2008 shares as stock-based compensation, rather than buying or selling shares on the open market, reflecting routine director pay.

How many JPM shares did Phebe Novakovic acquire in this Form 4 filing?

Phebe Novakovic acquired 122.2008 shares of JPMorgan Chase common stock. The transaction is classified as a grant, award, or other acquisition related to her role as a director, tied to deferral of her quarterly retainer.

What price per share was used for Phebe Novakovic’s JPM stock award?

The stock award to Phebe Novakovic used a reference price of $327.33 per JPMorgan Chase share. This price applies to the 122.2008 shares granted as part of her director compensation arrangement in the reported transaction.

How many JPM shares does Phebe Novakovic hold after the reported transaction?

After the transaction, Phebe Novakovic directly holds 13,582.5596 JPMorgan Chase shares. The filing also notes 45 additional JPM shares held indirectly through her spouse, providing a fuller picture of her reported ownership position.

Is Phebe Novakovic’s JPM stock transaction an open-market trade or compensation-related?

The transaction is compensation-related, not an open-market trade. It is coded as a grant, award, or other acquisition and described as deferral of her quarterly director retainer, payable in JPMorgan Chase common stock after her board service ends.

What does the footnote about the quarterly retainer in the JPM Form 4 mean?

The footnote explains that the director’s quarterly retainer is deferred and will be paid in JPMorgan Chase common stock after she terminates service as a director. The reported share grant reflects this deferred stock-based compensation structure, not a discretionary stock purchase.