[Form 4] DocGo Inc. Insider Trading Activity

Q: What is the maturity date of the JPMorgan Leveraged Market-Linked Step Up Notes?

The notes are scheduled to mature in July 2027, approximately two years after the final pricing date.

Q: What indices make up the international equity basket?

The basket weights are 40% EURO STOXX 50, 20% FTSE 100, 20% Nikkei 225, 7.5% Swiss Market Index, 7.5% S&amp;P/ASX 200, and 5% FTSE China 50.

Q: Are there any periodic interest or dividend payments?

No. The notes pay nothing until maturity and do not pass through dividends from the underlying equity indices.

Q: Can I sell the notes before maturity?

Secondary market liquidity is limited and not guaranteed; JPMS may repurchase the notes but likely at a price below the original $10.

Filing Impact

(Low)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

JPMorgan Chase Financial Company LLC is offering Leveraged Market-Linked Step Up Notes maturing in July 2027 that are linked to a six-index international equity basket. The basket is weighted 40% EURO STOXX 50, 20% FTSE 100, 20% Nikkei 225, 7.5% Swiss Market Index, 7.5% S&P/ASX 200 and 5% FTSE China 50, making European performance—particularly the EURO STOXX 50—the largest driver of returns.

Return profile at maturity

If the basket is flat or higher, holders receive the greater of: (a) principal plus a Step Up Payment of 16–18% ($1.60–$1.80 per $10 unit) or (b) principal plus 150% of the positive basket return.
If the basket declines, investors incur a 1-for-1 loss of principal—up to total loss—based solely on the final basket level.

No interim coupons are paid.

Key structural terms

Denomination: $10 per unit; minimum initial order of 10,000 units.
Tenor: approximately 2 years.
Issuer credit: unsecured note of JPMorgan Chase Financial Company LLC; fully and unconditionally guaranteed by JPMorgan Chase & Co.
Fees: $0.20 per unit (sales commission $0.15; structuring fee $0.05).
Initial estimated value: $9.50–$9.715, below the $10 public offering price due to embedded fees and internal funding assumptions.
Secondary market: none expected; JPMS may offer limited, uncommitted liquidity.

Risk highlights

Full downside market exposure with no principal protection.
Performance measured only on the Final Calculation Day; interim gains can be lost.
Credit risk of both issuer and guarantor; notes are not FDIC-insured.
Potential conflict of interest as JPMS is calculation agent and hedging counterparty.
Estimated value discount and fees create negative carry for investors exiting early.

The product suits investors with a bullish or neutral two-year view on the basket who can tolerate full loss of principal, forgo dividends and accept limited liquidity in exchange for enhanced upside participation and a defined minimum positive return.

JPMorgan Chase Financial Company LLC propone Note Step Up a leva collegate al mercato con scadenza a luglio 2027, legate a un paniere azionario internazionale composto da sei indici. Il paniere è ponderato al 40% su EURO STOXX 50, 20% FTSE 100, 20% Nikkei 225, 7,5% Swiss Market Index, 7,5% S&P/ASX 200 e 5% FTSE China 50, con la performance europea—soprattutto dell’EURO STOXX 50—che rappresenta il principale motore di rendimento.

Profilo di rendimento a scadenza

Se il paniere è stabile o in crescita, i detentori ricevono il maggiore tra: (a) il capitale più un Pagamento Step Up del 16–18% (da $1,60 a $1,80 per ogni unità da $10) oppure (b) il capitale più il 150% del rendimento positivo del paniere.
Se il paniere scende, gli investitori subiscono una perdita in proporzione 1:1 sul capitale, fino alla perdita totale, basata esclusivamente sul valore finale del paniere.

Non sono previsti coupon intermedi.

Termini strutturali principali

Taglio: $10 per unità; ordine minimo iniziale di 10.000 unità.
Durata: circa 2 anni.
Credito emittente: nota non garantita di JPMorgan Chase Financial Company LLC; garantita in modo pieno e incondizionato da JPMorgan Chase & Co.
Commissioni: $0,20 per unità (commissione di vendita $0,15; commissione di strutturazione $0,05).
Valore stimato iniziale: $9,50–$9,715, inferiore al prezzo di offerta pubblica di $10 a causa delle commissioni incluse e delle ipotesi di finanziamento interno.
Mercato secondario: non previsto; JPMS potrebbe offrire liquidità limitata e non vincolante.

Principali rischi

Esposizione completa al ribasso del mercato senza protezione del capitale.
La performance è valutata solo nel Giorno di Calcolo Finale; eventuali guadagni intermedi possono andare persi.
Rischio di credito sia dell’emittente che del garante; le note non sono assicurate FDIC.
Conflitto di interesse potenziale in quanto JPMS è agente di calcolo e controparte per coperture.
Lo sconto sul valore stimato e le commissioni generano un costo per gli investitori che escono anticipatamente.

Il prodotto è adatto a investitori con una visione rialzista o neutrale sul paniere a due anni, che possono tollerare la perdita totale del capitale, rinunciare ai dividendi e accettare una liquidità limitata in cambio di una partecipazione al rialzo potenziata e di un rendimento minimo positivo definito.

JPMorgan Chase Financial Company LLC ofrece Notas Step Up apalancadas vinculadas al mercado con vencimiento en julio de 2027, ligadas a una cesta internacional de acciones compuesta por seis índices. La cesta tiene una ponderación del 40% en EURO STOXX 50, 20% FTSE 100, 20% Nikkei 225, 7,5% Swiss Market Index, 7,5% S&P/ASX 200 y 5% FTSE China 50, haciendo que el desempeño europeo—especialmente el EURO STOXX 50—sea el principal impulsor de los retornos.

Perfil de retorno al vencimiento

Si la cesta se mantiene igual o sube, los tenedores reciben el mayor entre: (a) el capital más un Pago Step Up del 16–18% ($1.60–$1.80 por unidad de $10) o (b) el capital más el 150% del retorno positivo de la cesta.
Si la cesta baja, los inversores enfrentan una pérdida de capital 1 a 1, hasta la pérdida total, basada únicamente en el nivel final de la cesta.

No se pagan cupones intermedios.

Términos estructurales clave

Denominación: $10 por unidad; pedido inicial mínimo de 10,000 unidades.
Plazo: aproximadamente 2 años.
Crédito del emisor: nota no garantizada de JPMorgan Chase Financial Company LLC; garantizada total e incondicionalmente por JPMorgan Chase & Co.
Comisiones: $0.20 por unidad (comisión de venta $0.15; comisión de estructuración $0.05).
Valor estimado inicial: $9.50–$9.715, por debajo del precio público de $10 debido a comisiones incluidas y supuestos internos de financiamiento.
Mercado secundario: no se espera; JPMS puede ofrecer liquidez limitada y no comprometida.

Aspectos clave de riesgo

Exposición total a la baja del mercado sin protección del capital.
El rendimiento se mide solo en el Día de Cálculo Final; las ganancias intermedias pueden perderse.
Riesgo crediticio tanto del emisor como del garante; las notas no están aseguradas por la FDIC.
Potencial conflicto de interés ya que JPMS es agente de cálculo y contraparte de cobertura.
El descuento en el valor estimado y las comisiones generan un costo para inversores que salen anticipadamente.

El producto es adecuado para inversores con una visión alcista o neutral a dos años sobre la cesta, que pueden tolerar la pérdida total del capital, renunciar a dividendos y aceptar liquidez limitada a cambio de una participación mejorada en la subida y un retorno mínimo positivo definido.

JPMorgan Chase Financial Company LLC는 2027년 7월 만기인 레버리지 시장 연계 스텝업 노트를 제공하며, 이는 6개 국제 지수로 구성된 주식 바스켓과 연계되어 있습니다. 바스켓은 EURO STOXX 50 40%, FTSE 100 20%, Nikkei 225 20%, Swiss Market Index 7.5%, S&P/ASX 200 7.5%, FTSE China 50 5%로 가중치가 부여되어 있으며, 특히 EURO STOXX 50을 중심으로 유럽 시장의 성과가 수익의 주요 동인이 됩니다.

만기 시 수익 구조

바스켓이 변동 없거나 상승할 경우, 투자자는 (a) 원금과 16–18% 스텝업 지급금($10 단위당 $1.60–$1.80) 중 큰 금액 또는 (b) 원금과 바스켓 상승분의 150% 중 큰 금액을 받습니다.
바스켓이 하락하면 투자자는 최종 바스켓 수준에 따라 원금 1대1 손실을 입으며, 최대 전액 손실까지 발생할 수 있습니다.

중간 쿠폰 지급은 없습니다.

주요 구조 조건

단위액면가: $10; 최소 초기 주문 단위 10,000개.
만기: 약 2년.
발행자 신용: JPMorgan Chase Financial Company LLC의 무담보 노트이며, JPMorgan Chase & Co.가 전액 무조건 보증합니다.
수수료: 단위당 $0.20 (판매 수수료 $0.15; 구조화 수수료 $0.05).
초기 예상 가치: $9.50–$9.715, 포함된 수수료 및 내부 자금 조달 가정으로 인해 공모가 $10보다 낮음.
2차 시장: 예상 없음; JPMS가 제한적이고 비약속성 유동성을 제공할 수 있음.

주요 위험 사항

원금 보호 없이 시장 하락에 전면 노출.
최종 계산일에만 성과가 측정되며, 중간 이익은 사라질 수 있음.
발행자 및 보증인의 신용 위험; FDIC 보험 미적용.
JPMS가 계산 대리인 및 헤지 상대방으로서 잠재적 이해 상충 가능성.
예상 가치 할인과 수수료로 인해 조기 청산 시 투자자에게 비용 발생.

이 상품은 2년간 바스켓에 대해 강세 또는 중립적 전망을 가진 투자자에게 적합하며, 원금 전액 손실을 감수하고 배당금을 포기하며 제한된 유동성을 받아들이는 대신 향상된 상승 참여와 정의된 최소 긍정 수익을 추구하는 투자자에게 적합합니다.

JPMorgan Chase Financial Company LLC propose des Notes Step Up à effet de levier liées au marché arrivant à échéance en juillet 2027, indexées sur un panier international d’actions composé de six indices. Le panier est pondéré à 40 % sur l’EURO STOXX 50, 20 % FTSE 100, 20 % Nikkei 225, 7,5 % Swiss Market Index, 7,5 % S&P/ASX 200 et 5 % FTSE China 50, faisant de la performance européenne—et particulièrement de l’EURO STOXX 50—le principal moteur des rendements.

Profil de rendement à l’échéance

Si le panier est stable ou en hausse, les détenteurs reçoivent le plus élevé entre : (a) le capital plus un paiement Step Up de 16–18% (1,60–1,80 $ par unité de 10 $) ou (b) le capital plus 150 % du rendement positif du panier.
Si le panier baisse, les investisseurs subissent une perte de capital au prorata 1 pour 1, pouvant aller jusqu’à la perte totale, basée uniquement sur le niveau final du panier.

Aucun coupon intermédiaire n’est versé.

Principaux termes structurels

Dénomination : 10 $ par unité ; commande initiale minimale de 10 000 unités.
Durée : environ 2 ans.
Crédit de l’émetteur : note non garantie de JPMorgan Chase Financial Company LLC ; garantie pleine et inconditionnelle de JPMorgan Chase & Co.
Frais : 0,20 $ par unité (commission de vente 0,15 $ ; frais de structuration 0,05 $).
Valeur estimée initiale : 9,50–9,715 $, inférieure au prix public de 10 $ en raison des frais incorporés et des hypothèses internes de financement.
Marché secondaire : non attendu ; JPMS peut offrir une liquidité limitée et non engagée.

Points clés de risque

Exposition totale à la baisse du marché sans protection du capital.
La performance est mesurée uniquement au jour de calcul final ; les gains intermédiaires peuvent être perdus.
Risque de crédit de l’émetteur et du garant ; les notes ne sont pas assurées par la FDIC.
Conflit d’intérêts potentiel car JPMS est agent de calcul et contrepartie de couverture.
La décote sur la valeur estimée et les frais entraînent un coût pour les investisseurs sortant prématurément.

Ce produit convient aux investisseurs ayant une vision haussière ou neutre sur deux ans concernant le panier, capables de tolérer une perte totale du capital, de renoncer aux dividendes et d’accepter une liquidité limitée en échange d’une participation accrue à la hausse et d’un rendement minimum positif défini.

JPMorgan Chase Financial Company LLC bietet gehebelte marktgebundene Step-Up-Notes mit Fälligkeit im Juli 2027 an, die an einen internationalen Aktienkorb aus sechs Indizes gekoppelt sind. Der Korb ist zu 40 % gewichtet im EURO STOXX 50, 20 % FTSE 100, 20 % Nikkei 225, 7,5 % Swiss Market Index, 7,5 % S&P/ASX 200 und 5 % FTSE China 50, wobei die europäische Performance—insbesondere des EURO STOXX 50—den größten Einfluss auf die Rendite hat.

Renditeprofil bei Fälligkeit

Ist der Korb unverändert oder gestiegen, erhalten Inhaber den höheren Betrag von: (a) dem Kapital plus einer Step-Up-Zahlung von 16–18% (1,60–1,80 $ pro 10-$-Einheit) oder (b) dem Kapital plus 150 % der positiven Korbrendite.
Fällt der Korb, tragen Anleger einen 1:1 Kapitalverlust bis hin zum Totalverlust, basierend ausschließlich auf dem Endwert des Korbs.

Zwischenkupons werden nicht gezahlt.

Wesentliche strukturelle Bedingungen

Nennwert: 10 $ pro Einheit; Mindestbestellung 10.000 Einheiten.
Laufzeit: ca. 2 Jahre.
Emittenten-Rating: unbesicherte Schuldverschreibung von JPMorgan Chase Financial Company LLC; voll und bedingungslos garantiert von JPMorgan Chase & Co.
Gebühren: 0,20 $ pro Einheit (Verkaufsprovision 0,15 $; Strukturierungsgebühr 0,05 $).
Geschätzter Anfangswert: 9,50–9,715 $, unter dem öffentlichen Angebotspreis von 10 $ wegen eingebetteter Gebühren und interner Finanzierungsannahmen.
Zweitmarkt: nicht erwartet; JPMS kann begrenzte, unverbindliche Liquidität anbieten.

Wesentliche Risikohinweise

Volle Abwärtsmarkt-Exponierung ohne Kapitalschutz.
Performance wird nur am Endberechnungstag gemessen; Zwischengewinne können verloren gehen.
Kreditrisiko des Emittenten und Garanten; die Notes sind nicht FDIC-versichert.
Möglicher Interessenkonflikt, da JPMS Berechnungsagent und Absicherungspartner ist.
Der geschätzte Wertabschlag und Gebühren verursachen negative Carry bei vorzeitigem Ausstieg.

Das Produkt eignet sich für Anleger mit einer bullischen oder neutralen Zweijahresprognose für den Korb, die einen Totalverlust des Kapitals tolerieren, auf Dividenden verzichten und eingeschränkte Liquidität akzeptieren, um eine verbesserte Aufwärtsbeteiligung und eine definierte Mindestpositive Rendite zu erhalten.

Positive

Enhanced upside: 150% participation plus 16–18% minimum step-up offers leveraged exposure if the basket rises.
Diversified benchmark: Exposure spans Europe, UK, Japan, Switzerland, Australia and China, reducing single-country risk.
Short two-year tenor limits duration exposure compared with longer structured notes.

Negative

No principal protection; investors absorb 1-for-1 downside, risking 100% loss.
Initial value discount: Estimated value ($9.50–$9.715) is below issue price, embedding ~3–5% upfront cost.
Concentrated weight: 40% allocation to EURO STOXX 50 skews performance toward Eurozone equities.
Liquidity risk: No exchange listing and only limited, uncommitted secondary market from JPMS.
Credit exposure: Payments depend on JPMorgan Financial and JPMorgan Chase & Co. creditworthiness.
No dividends or coupons; investors forgo income available from owning the underlying equities directly.

Insights

TL;DR – Standard upside-leveraged note; attractive headline return but full downside and pricing at ~3–5% premium.

The term sheet outlines a typical JPMorgan “Step Up” structure. Investors pay $10 for an asset valued at roughly $9.60, absorbing $0.40 of embedded costs. In return they secure either a fixed 16–18% gain or 150% upside over two years. On a risk-adjusted basis this payoff competes with at-the-money call spreads; however, the 1-for-1 downside and dividend loss remain material. Credit exposure to JPM and liquidity constraints further reduce flexibility. From a capital markets standpoint this is a routine funding trade for the bank; limited impact on JPM’s balance sheet, neutral for shareholders.

TL;DR – Product concentrates risk in a single valuation date and Eurozone weight; use only as small tactical allocation.

Return asymmetry looks compelling (150% participation), yet the basket’s 40% weight to the EURO STOXX 50 amplifies regional risk. Because only the final level matters, volatility drag can punish investors even if average performance is positive. Lack of interim coupons means negative carry versus cash alternatives. The note may fit opportunistic mandates seeking equity kicker with known ceiling on fees, but prudent sizing is essential given total-loss potential and limited exit routes.

Profilo di rendimento a scadenza

Se il paniere è stabile o in crescita, i detentori ricevono il maggiore tra: (a) il capitale più un Pagamento Step Up del 16–18% (da $1,60 a $1,80 per ogni unità da $10) oppure (b) il capitale più il 150% del rendimento positivo del paniere.
Se il paniere scende, gli investitori subiscono una perdita in proporzione 1:1 sul capitale, fino alla perdita totale, basata esclusivamente sul valore finale del paniere.

Non sono previsti coupon intermedi.

Termini strutturali principali

Taglio: $10 per unità; ordine minimo iniziale di 10.000 unità.
Durata: circa 2 anni.
Credito emittente: nota non garantita di JPMorgan Chase Financial Company LLC; garantita in modo pieno e incondizionato da JPMorgan Chase & Co.
Commissioni: $0,20 per unità (commissione di vendita $0,15; commissione di strutturazione $0,05).
Valore stimato iniziale: $9,50–$9,715, inferiore al prezzo di offerta pubblica di $10 a causa delle commissioni incluse e delle ipotesi di finanziamento interno.
Mercato secondario: non previsto; JPMS potrebbe offrire liquidità limitata e non vincolante.

Principali rischi

Esposizione completa al ribasso del mercato senza protezione del capitale.
La performance è valutata solo nel Giorno di Calcolo Finale; eventuali guadagni intermedi possono andare persi.
Rischio di credito sia dell’emittente che del garante; le note non sono assicurate FDIC.
Conflitto di interesse potenziale in quanto JPMS è agente di calcolo e controparte per coperture.
Lo sconto sul valore stimato e le commissioni generano un costo per gli investitori che escono anticipatamente.

Perfil de retorno al vencimiento

Si la cesta se mantiene igual o sube, los tenedores reciben el mayor entre: (a) el capital más un Pago Step Up del 16–18% ($1.60–$1.80 por unidad de $10) o (b) el capital más el 150% del retorno positivo de la cesta.
Si la cesta baja, los inversores enfrentan una pérdida de capital 1 a 1, hasta la pérdida total, basada únicamente en el nivel final de la cesta.

No se pagan cupones intermedios.

Términos estructurales clave

Denominación: $10 por unidad; pedido inicial mínimo de 10,000 unidades.
Plazo: aproximadamente 2 años.
Crédito del emisor: nota no garantizada de JPMorgan Chase Financial Company LLC; garantizada total e incondicionalmente por JPMorgan Chase & Co.
Comisiones: $0.20 por unidad (comisión de venta $0.15; comisión de estructuración $0.05).
Valor estimado inicial: $9.50–$9.715, por debajo del precio público de $10 debido a comisiones incluidas y supuestos internos de financiamiento.
Mercado secundario: no se espera; JPMS puede ofrecer liquidez limitada y no comprometida.

Aspectos clave de riesgo

Exposición total a la baja del mercado sin protección del capital.
El rendimiento se mide solo en el Día de Cálculo Final; las ganancias intermedias pueden perderse.
Riesgo crediticio tanto del emisor como del garante; las notas no están aseguradas por la FDIC.
Potencial conflicto de interés ya que JPMS es agente de cálculo y contraparte de cobertura.
El descuento en el valor estimado y las comisiones generan un costo para inversores que salen anticipadamente.

만기 시 수익 구조

바스켓이 변동 없거나 상승할 경우, 투자자는 (a) 원금과 16–18% 스텝업 지급금($10 단위당 $1.60–$1.80) 중 큰 금액 또는 (b) 원금과 바스켓 상승분의 150% 중 큰 금액을 받습니다.
바스켓이 하락하면 투자자는 최종 바스켓 수준에 따라 원금 1대1 손실을 입으며, 최대 전액 손실까지 발생할 수 있습니다.

중간 쿠폰 지급은 없습니다.

주요 구조 조건

단위액면가: $10; 최소 초기 주문 단위 10,000개.
만기: 약 2년.
발행자 신용: JPMorgan Chase Financial Company LLC의 무담보 노트이며, JPMorgan Chase & Co.가 전액 무조건 보증합니다.
수수료: 단위당 $0.20 (판매 수수료 $0.15; 구조화 수수료 $0.05).
초기 예상 가치: $9.50–$9.715, 포함된 수수료 및 내부 자금 조달 가정으로 인해 공모가 $10보다 낮음.
2차 시장: 예상 없음; JPMS가 제한적이고 비약속성 유동성을 제공할 수 있음.

주요 위험 사항

원금 보호 없이 시장 하락에 전면 노출.
최종 계산일에만 성과가 측정되며, 중간 이익은 사라질 수 있음.
발행자 및 보증인의 신용 위험; FDIC 보험 미적용.
JPMS가 계산 대리인 및 헤지 상대방으로서 잠재적 이해 상충 가능성.
예상 가치 할인과 수수료로 인해 조기 청산 시 투자자에게 비용 발생.

Profil de rendement à l’échéance

Si le panier est stable ou en hausse, les détenteurs reçoivent le plus élevé entre : (a) le capital plus un paiement Step Up de 16–18% (1,60–1,80 $ par unité de 10 $) ou (b) le capital plus 150 % du rendement positif du panier.
Si le panier baisse, les investisseurs subissent une perte de capital au prorata 1 pour 1, pouvant aller jusqu’à la perte totale, basée uniquement sur le niveau final du panier.

Aucun coupon intermédiaire n’est versé.

Principaux termes structurels

Dénomination : 10 $ par unité ; commande initiale minimale de 10 000 unités.
Durée : environ 2 ans.
Crédit de l’émetteur : note non garantie de JPMorgan Chase Financial Company LLC ; garantie pleine et inconditionnelle de JPMorgan Chase & Co.
Frais : 0,20 $ par unité (commission de vente 0,15 $ ; frais de structuration 0,05 $).
Valeur estimée initiale : 9,50–9,715 $, inférieure au prix public de 10 $ en raison des frais incorporés et des hypothèses internes de financement.
Marché secondaire : non attendu ; JPMS peut offrir une liquidité limitée et non engagée.

Points clés de risque

Exposition totale à la baisse du marché sans protection du capital.
La performance est mesurée uniquement au jour de calcul final ; les gains intermédiaires peuvent être perdus.
Risque de crédit de l’émetteur et du garant ; les notes ne sont pas assurées par la FDIC.
Conflit d’intérêts potentiel car JPMS est agent de calcul et contrepartie de couverture.
La décote sur la valeur estimée et les frais entraînent un coût pour les investisseurs sortant prématurément.

Renditeprofil bei Fälligkeit

Ist der Korb unverändert oder gestiegen, erhalten Inhaber den höheren Betrag von: (a) dem Kapital plus einer Step-Up-Zahlung von 16–18% (1,60–1,80 $ pro 10-$-Einheit) oder (b) dem Kapital plus 150 % der positiven Korbrendite.
Fällt der Korb, tragen Anleger einen 1:1 Kapitalverlust bis hin zum Totalverlust, basierend ausschließlich auf dem Endwert des Korbs.

Zwischenkupons werden nicht gezahlt.

Wesentliche strukturelle Bedingungen

Nennwert: 10 $ pro Einheit; Mindestbestellung 10.000 Einheiten.
Laufzeit: ca. 2 Jahre.
Emittenten-Rating: unbesicherte Schuldverschreibung von JPMorgan Chase Financial Company LLC; voll und bedingungslos garantiert von JPMorgan Chase & Co.
Gebühren: 0,20 $ pro Einheit (Verkaufsprovision 0,15 $; Strukturierungsgebühr 0,05 $).
Geschätzter Anfangswert: 9,50–9,715 $, unter dem öffentlichen Angebotspreis von 10 $ wegen eingebetteter Gebühren und interner Finanzierungsannahmen.
Zweitmarkt: nicht erwartet; JPMS kann begrenzte, unverbindliche Liquidität anbieten.

Wesentliche Risikohinweise

Volle Abwärtsmarkt-Exponierung ohne Kapitalschutz.
Performance wird nur am Endberechnungstag gemessen; Zwischengewinne können verloren gehen.
Kreditrisiko des Emittenten und Garanten; die Notes sind nicht FDIC-versichert.
Möglicher Interessenkonflikt, da JPMS Berechnungsagent und Absicherungspartner ist.
Der geschätzte Wertabschlag und Gebühren verursachen negative Carry bei vorzeitigem Ausstieg.

07/02/2025 - 04:33 PM

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^*

ROSENBERG NORMAN

(Last)

(First)

(Middle)

C/O DOCGO INC

685 THIRD AVENUE, 9TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
DocGo Inc. [ DCGO ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/02/2025		F		11,332⁽¹⁾	D	$1.52	859,940⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported transaction reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability. The RSUs were granted to the Reporting Person on March 15, 2024 pursuant to the Issuer's 2021 Stock Incentive Plan (the "Plan").

2. This amount reflects: (i) 346,062 RSUs granted pursuant to the Plan that will vest in four equal annual installments on each of the first four anniversaries of December 12, 2024; and (ii) 287,790 RSUs granted pursuant to the Plan that will vest in three equal annual installments on each of December 12, 2025, December 12, 2026 and December 12, 2027, in each case subject to the terms of the Plan. Each RSU represents the right to receive, upon vesting, one share of Common Stock, subject to the terms of the Plan.

Remarks:

	/s/ Jerilyn Laskie, as Attorney-in-Fact for Norman Rosenberg	07/02/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What is the maturity date of the JPMorgan Leveraged Market-Linked Step Up Notes?

The notes are scheduled to mature in July 2027, approximately two years after the final pricing date.

How does the 16–18% Step Up Payment work?

If the basket is flat or positive at maturity, investors receive principal plus a fixed $1.60–$1.80 per $10 unit (16–18% return) unless the 150% participation provides a larger gain.

What indices make up the international equity basket?

The basket weights are 40% EURO STOXX 50, 20% FTSE 100, 20% Nikkei 225, 7.5% Swiss Market Index, 7.5% S&P/ASX 200, and 5% FTSE China 50.

What is the downside risk on these notes?

If the basket’s Ending Value is below the Starting Value, investors lose exactly the same percentage—up to their entire principal—because downside exposure is 1-to-1.

Why is the initial estimated value below the $10 offering price?

The $9.50–$9.715 estimate reflects selling commissions, structuring fees, hedging costs and JPM’s internal funding rate, which reduce the economic value delivered to investors.

Are there any periodic interest or dividend payments?

No. The notes pay nothing until maturity and do not pass through dividends from the underlying equity indices.

Can I sell the notes before maturity?

Secondary market liquidity is limited and not guaranteed; JPMS may repurchase the notes but likely at a price below the original $10.

[Form 4] DocGo Inc. Insider Trading Activity

Insights

FAQ

What is the maturity date of the JPMorgan Leveraged Market-Linked Step Up Notes?

How does the 16–18% Step Up Payment work?

What indices make up the international equity basket?

What is the downside risk on these notes?

Why is the initial estimated value below the $10 offering price?

Are there any periodic interest or dividend payments?

Can I sell the notes before maturity?

NASDAQ:DCGO

DCGO Rankings

DCGO Latest News

DCGO Latest SEC Filings

DCGO Stock Data

Trending News

[Form 4] DocGo Inc. Insider Trading Activity

Insights

Structured Products Analyst neutral

Portfolio Risk Manager neutral

FAQ

What is the maturity date of the JPMorgan Leveraged Market-Linked Step Up Notes?

How does the 16–18% Step Up Payment work?

What indices make up the international equity basket?

What is the downside risk on these notes?

Why is the initial estimated value below the $10 offering price?

Are there any periodic interest or dividend payments?

Can I sell the notes before maturity?

NASDAQ:DCGO

DCGO Rankings

DCGO Latest News

DCGO Latest SEC Filings

DCGO Stock Data