CFO Jeremy Barnum gains JPMorgan (JPM) stock from PSU vesting and tax withholding

Rhea-AI Filing Summary

JPMorgan Chase & Co.’s Chief Financial Officer Jeremy Barnum exercised a Performance Share Unit (PSU) award and received JPM common stock. On March 25, 2026, PSUs covering 38,629 shares of common stock settled following a three-year performance period that ended on December 31, 2025.

A portion of the shares, 21,362 shares, was withheld at $295.04 per share to satisfy tax obligations. After these transactions, Barnum directly holds 41,071 shares of JPM common stock. The PSUs were originally granted on January 17, 2023, and the delivered shares must be held for an additional two years, resulting in a five-year combined vesting and holding period.

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

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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^*

Barnum Jeremy

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

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	03/25/2026		M		38,629.1557(1)	A	$0(2)	62,433.1557	D
Common Stock	03/25/2026		F		21,362.1557	D	$295.04	41,071	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Share Units	(2)	03/25/2026		M			38,629.1557(3)	(3)	(3)	Common Stock	38,629.1557	$0.0000	0.0000	D

Explanation of Responses:

1. These shares represent JPM common stock acquired on March 25, 2026 upon settlement of a Performance Share Unit (PSU) award granted on January 17, 2023 for the three-year performance period ended December 31, 2025 (as previously disclosed on a Form 4 filed on March 19, 2026), and must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant, as provided under the terms of the PSU award.

2. Each PSU represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals.

3. Represents PSUs earned (including reinvested dividend equivalents) based on the Firm's attainment of pre-established performance goals for the three-year performance period ended December 31, 2025, as provided under the terms of a PSU award granted on January 17, 2023, and as previously reported on a Form 4 filed on March 19, 2026. The PSUs settled in shares of common stock on March 25, 2026. Shares delivered, after applicable tax withholding, must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant.

	/s/ Holly Youngwood under POA	03/27/2026
	** 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 did JPMorgan (JPM) CFO Jeremy Barnum report in this Form 4?

Jeremy Barnum reported the settlement of a Performance Share Unit award into JPM common stock. The PSUs vested after a three-year performance period and converted into shares on March 25, 2026, with some shares withheld to cover tax obligations.

How many JPMorgan (JPM) shares did Jeremy Barnum receive from PSU settlement?

The PSU settlement delivered 38,629 shares of JPM common stock to Jeremy Barnum. These shares reflect performance earned over a three-year period ending December 31, 2025, under a PSU award originally granted on January 17, 2023.

How many JPMorgan (JPM) shares were withheld for taxes in Barnum’s Form 4?

21,362 JPM common shares were withheld to satisfy tax obligations. The withholding occurred at a price of $295.04 per share, reducing the number of shares Barnum ultimately retained from the PSU settlement while covering associated tax liabilities.

How many JPMorgan (JPM) shares does Jeremy Barnum hold after this filing?

Following these transactions, Jeremy Barnum directly holds 41,071 shares of JPM common stock. This figure reflects the net shares remaining after the PSU settlement and the share withholding used to satisfy related tax obligations.

What are Performance Share Units (PSUs) in the JPMorgan (JPM) filing?

Each Performance Share Unit represents a contingent right to receive one share of JPM common stock. The actual shares are delivered only if specified performance goals are achieved over a multi-year period, aligning executive compensation with long-term company results.

What is the holding period for Jeremy Barnum’s vested JPMorgan (JPM) shares?

Shares delivered from the PSU settlement must be held for an additional two-year period. Combined with the prior three-year performance vesting period, this creates a total five-year timeline from the January 17, 2023 grant date for the award.