Director Melody Hobson (NYSE: JPM) defers retainer into JPM stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JPMorgan Chase & Co. director Melody L. Hobson acquired 152.978 shares of common stock on a grant/award basis, valued at $294.16 per share, from a deferral of her quarterly director retainer. Following this award, she directly holds 29,704.9847 shares. An additional 124,155 shares are held indirectly through The GWL Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HOBSON MELLODY L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 152.978 | $294.16 | $45K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,704.985 shares (Direct);
Common Stock — 124,155 shares (Indirect, By The GWL Living Trust)
Footnotes (1)
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Key Figures
Shares granted: 152.978 shares
Grant price: $294.16 per share
Direct holdings after grant: 29,704.9847 shares
+1 more
4 metrics
Shares granted
152.978 shares
Grant/award acquisition of common stock on March 31, 2026
Grant price
$294.16 per share
Value used for deferred quarterly director retainer
Direct holdings after grant
29,704.9847 shares
JPMorgan Chase & Co. common stock held directly by Hobson
Indirect trust holdings
124,155 shares
Common stock held indirectly by The GWL Living Trust
Key Terms
Deferral of quarterly retainer, Common Stock, indirect ownership, Living Trust
4 terms
Deferral of quarterly retainer financial
"Deferral of quarterly retainer, payable in common stock following termination"
Common Stock financial
"Common Stock transaction recorded at $294.1600 per share"
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.
indirect ownership financial
"Shares reported as indirect ownership by The GWL Living Trust"
Living Trust financial
"Indirect holdings noted as By The GWL Living Trust"
FAQ
What insider transaction did JPM (JPMorgan Chase & Co.) report for Melody L. Hobson?
JPM reported that director Melody L. Hobson acquired 152.978 shares of JPMorgan Chase & Co. common stock. The acquisition was a grant or award tied to deferral of her quarterly director retainer into stock rather than immediate cash.
At what price was Melody L. Hobson’s JPM stock award recorded?
The award to Melody L. Hobson was recorded at $294.16 per share. This price reflects the value used for the deferred quarterly director retainer that is payable in common stock following the end of her service as a director.
What indirect JPM holdings are reported for Melody L. Hobson on this Form 4?
The filing shows 124,155 shares of JPMorgan Chase & Co. common stock held indirectly by The GWL Living Trust. This entry reflects trust-owned shares associated with Hobson, separate from her directly held common stock position.
Is Melody L. Hobson’s JPM stock transaction an open-market purchase or a compensation grant?
The transaction is a compensation-related grant or award, not an open-market purchase. It represents deferral of a quarterly director retainer, payable in JPMorgan Chase & Co. common stock after her board service ends.