JPMorgan Chase (JPM) counsel sells 5,467 shares at $330.7337
Rhea-AI Filing Summary
JPMorgan Chase & Co.’s General Counsel, Stacey Friedman, reported an open-market sale of 5,467 shares of common stock at an average price of $330.7337 per share on June 22, 2026. After this transaction, she holds 40,961 shares directly. She also reports indirect holdings of 16,196 shares held by a trust and 79,468 shares held by a GRAT, showing additional exposure through estate-planning vehicles alongside her direct position.
Positive
- None.
Negative
- None.
Insights
Routine insider sale with sizable remaining direct and indirect holdings.
Stacey Friedman, General Counsel of JPMorgan Chase & Co., reported selling 5,467 shares of common stock in an open-market transaction at $330.7337 per share. This is a straightforward Section 16 insider sale, not tied to any derivative exercise or tax event in this filing.
Following the sale, she still directly owns 40,961 shares and indirectly holds 16,196 shares via a trust and 79,468 shares via a GRAT. These indirect positions indicate ongoing beneficial exposure through estate-planning entities, even after the reported net-sell activity. The filing does not reference any trading plans or derivative positions in the excerpt provided.
From an investment perspective, this looks like a routine liquidity event rather than a transformational change in insider alignment, as the remaining direct and indirect stakes remain substantial relative to the single sale disclosed.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,467 | $330.7337 | $1.81M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |