JPMorgan AWM CEO Mary Erdoes sells 12,345 shares
JPMorgan Chase & Co. reported an insider stock sale by Mary E. Erdoes, CEO of Asset & Wealth Management.
Sentiment and the balance of points
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Rhea-AI Filing Summary
JPMorgan Chase & Co. reported an insider stock sale by Mary E. Erdoes, CEO of Asset & Wealth Management. She completed an open-market sale of 12,345 shares of common stock at about $306.57 per share, and now directly holds 639,047 JPMorgan shares after this transaction.
Insights
Routine open-market sale; executive retains a large remaining stake.
Mary E. Erdoes, CEO of Asset & Wealth Management at JPMorgan Chase & Co., executed an open-market sale of 12,345 common shares. The transaction used code S, which denotes a standard sale in the market rather than a grant, gift, or tax withholding event.
After the sale, she directly holds 639,047 shares, indicating she maintains a substantial equity position in the company. The filing shows no derivative transactions or remaining option positions, and there are no footnote indications of special structures or pre-planned trading arrangements in the excerpt provided.
Given the scale of her remaining holdings, this sale appears to represent only a portion of her stake rather than a full or near-full exit. Without additional context such as trading plans or prior guidance, the event is best viewed as a routine liquidity transaction with limited impact on the broader investment thesis.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,345 | $306.5657 | $3.78M |
Key Figures
Key Terms
open-market sale financial
Common Stock financial
Form 4 regulatory
non-derivative financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did JPM (JPMorgan Chase & Co.) disclose for Mary E. Erdoes?
What does transaction code S mean in Mary E. Erdoes’s JPM Form 4 filing?
Did Mary E. Erdoes report any derivative securities in this JPM Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.