JPMorgan Financial is offering market-linked securities—Upside Participation to a Cap with Contingent Absolute Return and Fixed Percentage Buffered Downside—linked to an unequally weighted basket of the EURO STOXX 50, Nikkei 225, FTSE 100, Swiss Market Index and S&P/ASX 200 with a $1,000 principal per security and a stated maturity of September 1, 2028. The terms include a 100% upside participation rate, a buffer amount of 15%, and a maximum upside return of at least 34.15% (at least $341.50), with selling commissions of $25.75 per security and an estimated value on pricing of approximately $961.20.
JPMorgan Chase Financial Company LLC priced $1,000,000 of uncapped Dual Directional Accelerated Barrier Notes linked to the lesser performing of the Dow Jones Industrial Average® and the Nasdaq-100 Index®, maturing on February 23, 2029. The notes offer an upside leverage factor of 1.2885 on appreciation of the lesser performing Index and a capped absolute-decline payout up to 30.00 if each Index’s Final Value is at least 70.00 of its Initial Value (the Barrier Amount). The notes were priced on February 20, 2026 and are expected to settle on or about February 25, 2026. Price to public is $1,000 per note, selling commission is $3 per note, and proceeds to issuer are $997 per note. The estimated value at pricing was $983.50 per note. Payments are unsecured obligations of JPMorgan Financial and fully and unconditionally guaranteed by JPMorgan Chase & Co.. Investors bear credit risk, potential loss of principal if either Index falls below the Barrier Amount, no interest or dividends, and limited secondary-market liquidity.
JPMorgan Chase Financial Company LLC priced $550,000 of callable contingent interest notes linked to the least performing of the Nikkei 225, the S&P 500® and the EURO STOXX 50® and fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Rate of 10.75% per annum (quarterly 2.6875%) when each Index on a Review Date is at least 70.00% of its Initial Value. The notes priced on February 20, 2026, are expected to settle on or about February 25, 2026, may be redeemed early beginning August 25, 2026, and mature on February 23, 2029. Price to public was $1,000 per note (total $550,000); proceeds to issuer $539,000. Estimated value at pricing was $959.20 per $1,000 note. Investors face the risk of losing a substantial portion or all principal if the Least Performing Index is below the Trigger Value at maturity.
JPMorgan Chase Financial Company LLC priced $1,000,000 of Digital Barrier Notes linked to CoreWeave, Inc. (CRWV) stock. The notes priced on February 20, 2026 and are expected to settle on or about February 25, 2026, maturing on March 3, 2027 with an observation date of February 26, 2027. The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co. and pay a 70.00% contingent digital return at maturity if the Final Value of one share of the Reference Stock is at least 70.00% of the Initial Value (Barrier Amount = $62.475, Initial Value = $89.25). If the Final Value is below the Barrier Amount, payment declines pro rata with the stock return and investors can lose up to all principal. Price to public was $1,000 per note (selling commission $10), proceeds to issuer $990,000, and the estimated value at pricing was $976.90 per $1,000 note.
JPMorgan Chase Financial Company LLC priced $2,350,000 of Auto Callable Contingent Interest Notes linked to the common stock of Amazon.com, Inc. on February 20, 2026, expected to settle on or about February 25, 2026. The notes pay a quarterly Contingent Interest Rate of 10.25% per annum ( 2.5625% per quarter) only if the Reference Stock's closing price on a Review Date is at or above the Interest Barrier of 60.00% of the Initial Value ($126.066). The notes are automatically callable if the Reference Stock closes at or above the Initial Value on any intermediate Review Date (earliest automatic call: August 20, 2026). Payment at maturity depends on the Final Value relative to the Trigger Value; if Final Value is below the Trigger Value, principal loss occurs and could be complete. Minimum denominations are $1,000. Price to public was $1,000 per note; fees and commissions totaled $43,475, with proceeds to issuer of $2,306,525. The estimated value at pricing was $964.30 per $1,000 note. Credit risk is that of JPMorgan Financial and guarantor JPMorgan Chase & Co.; the notes are unsecured and not FDIC insured.
JPMorgan Chase Financial Company LLC offers digital contingent buffered notes linked to the Invesco QQQ Trust, Series 1. The notes pay a Contingent Digital Return of at least 8.89% if the Final Share Price is ≥ the Share Strike Price or down up to the Contingent Buffer Amount of 25.00%. If the Final Share Price is more than 25.00% below the Share Strike Price, investors lose 1% of principal for each 1% decline.
Key terms: Share Strike Price $601.41 (Strike Date February 23, 2026), Valuation Date March 8, 2027, Maturity Date March 11, 2027, original issue price per note $1,000 and minimum denominations of $10,000. The notes are unsecured obligations of JPMorgan Financial, fully guaranteed by JPMorgan Chase & Co.; estimated value per $1,000 note is approximately $983.90 (not less than $970.00).
JPMorgan Chase Financial Company LLC is offering Digital Buffered Notes linked to the S&P 500® Index. The notes pay a Contingent Digital Return of at least 8.72% (maximum payment per $1,000: $1,087.20) if the Ending Index Level is ≥ the Initial Index Level or down by up to a 10.00% buffer. If the Index declines by more than 10.00%, investors lose 1.11111% of principal for each additional 1% decline. The notes are unsecured obligations of JPMorgan Chase Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co. Key dates include a Pricing Date on or about February 27, 2026, Original Issue Date on or about March 4, 2026, Valuation Date March 12, 2027, and Maturity Date March 17, 2027. The estimated value if priced today is approximately $986.50 per $1,000, and will not be less than $970.00 per $1,000 when terms are set. Payment and market value are subject to issuer and guarantor credit risk, limited secondary-market liquidity, hedging conflicts of interest, and U.S. tax considerations described in the supplement.
JPMorgan Chase Financial Company LLC priced a $669,000 offering of Auto Callable Accelerated Barrier Notes, fully guaranteed by JPMorgan Chase & Co. The notes have a $1,000 minimum denomination, were priced on February 20, 2026 and are expected to settle on or about February 25, 2026.
The notes may be automatically called starting on February 26, 2027 and mature on February 23, 2029. Upon an automatic call investors receive $1,000 plus a $152.50 Call Premium. If not called, maturity payoff ties to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 with an Upside Leverage Factor of 1.50 and a Barrier Amount of 60.00% of initial values. The estimated value per note at pricing was $960.70 and the price to public per note was $1,000 (seller commission $29.50, proceeds to issuer $970.50).
JPMorgan Chase Financial Company LLC priced $3,167,000 callable contingent interest notes linked to the least performing of the Nasdaq-100, the Russell 2000 and the State Street SPDR S&P Regional Banking ETF, due February 23, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay monthly Contingent Interest Payments at a contingent interest rate of 12.85% per annum when each underlying on a Review Date is >= 70.00% of its Initial Value; an early redemption option is exercisable by the issuer beginning May 26, 2026. At maturity, if the Final Value of any underlying is below its Trigger Value, payment equals $1,000 plus the Least Performing Underlying Return, which can result in substantial principal loss.
JPMorgan Chase Financial Company LLC priced $5,120,000 of Capped Accelerated Barrier Notes linked to the common stock of Tesla, Inc., due February 25, 2028, fully guaranteed by JPMorgan Chase & Co.
The notes were priced on February 20, 2026 with an Upside Leverage Factor of 3.00, a Maximum Return of 91.00, a Barrier Amount of 70.00 (Initial Value $411.82) and expected settlement on or about February 25, 2026. Holders receive leveraged upside (capped) if the Final Value exceeds the Initial Value, full principal if Final Value is between the Initial Value and the Barrier Amount, and a pro rata principal loss if the Final Value is below the Barrier Amount.