JPMorgan (NYSE: JPM) COO awarded 57.5K performance share units tied to goals

Rhea-AI Filing Summary

Piepszak Jennifer reported acquisition or exercise transactions in this Form 4 filing.

JPMorgan Chase & Co.'s Chief Operating Officer Jennifer Piepszak reported a compensation-related equity award. She was granted 57,514.7352 Performance Share Units, each representing a contingent right to receive one share of JPM common stock if performance and vesting conditions are met.

The units were earned based on the firm’s attainment of pre-established performance goals for the three-year period ended December 31, 2025, with the Board’s Compensation & Management Development Committee certifying that the maximum amount of the previously granted PSUs was earned. The PSUs are expected to vest and settle in shares on March 25, 2026, and any delivered shares, after tax withholding, must then be held for an additional two years, creating a total five-year vesting and holding period from the original January 17, 2023 grant.

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

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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^*

Piepszak Jennifer

(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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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

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	(1)	03/17/2026		A		57,514.7352(2)		(3)	(3)	Common Stock	57,514.7352	$0.0000	57,514.7352	D

Explanation of Responses:

1. Each Performance Share Unit (PSU) represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals.

2. 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. The PSUs are expected to vest and settle in shares of common stock on March 25, 2026, which will be reported in a later Form 4 filing. In accordance with the terms of the PSUs, the Board's Compensation & Management Development Committee has certified the Firm's absolute and relative performance against the pre-established performance goals for the performance period and has determined that the maximum amount of the previously granted PSUs has been earned.

3. 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, as provided under the terms of the PSU award granted on January 17, 2023.

	/s/ Holly Youngwood under POA	03/19/2026
	** 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 insider transaction did JPM (JPMorgan Chase & Co.) report for Jennifer Piepszak?

JPM reported that Chief Operating Officer Jennifer Piepszak received a grant of 57,514.7352 Performance Share Units as compensation. Each unit represents a contingent right to one share of common stock, subject to performance achievement, vesting, settlement and post-settlement holding requirements.

How were Jennifer Piepszak’s JPM Performance Share Units determined for the 2025 performance period?

The Performance Share Units reflect JPM’s attainment of pre-established performance goals over a three-year period ending December 31, 2025. The Board’s Compensation & Management Development Committee certified absolute and relative performance and determined that the maximum number of the previously granted PSUs had been earned.

When will Jennifer Piepszak’s JPM Performance Share Units vest and settle into common stock?

The PSUs are expected to vest and settle in JPM common stock on March 25, 2026. That future settlement, including the number of delivered shares after tax withholding, will be reported in a later Form 4 filing once the vesting and share delivery occur.

What holding requirements apply to Jennifer Piepszak’s JPM shares delivered from PSUs?

Shares delivered from the PSU award, after tax withholding, must be held for an additional two-year period. Combined with the initial vesting schedule, this creates a total vesting and holding period of five years from the original PSU grant date of January 17, 2023.

What does each Performance Share Unit represent in JPM’s Form 4 for Jennifer Piepszak?

Each Performance Share Unit represents a contingent right to receive one share of JPM common stock upon vesting. The right depends on meeting performance goals, the certification of results by the Board committee, and satisfaction of vesting and subsequent share holding conditions.