Troy Rohrbaugh (JPM: JPM) settles PSUs, 72,965 shares issued and tax withheld

Rhea-AI Filing Summary

JPMorgan Chase & Co. Co-CEO of CIB Troy L. Rohrbaugh exercised performance share units that settled into 72,965.1126 shares of common stock on March 25, 2026. These shares were earned under a PSU award tied to a three-year performance period ended December 31, 2025.

To cover tax obligations, 40,349.1126 shares of common stock were withheld at a price of $295.04 per share. After the exercise and tax withholding, Rohrbaugh directly holds 143,895.0000 JPM common shares, plus 92.4037 shares held indirectly through a 401(k) plan. Shares delivered after tax withholding must be held for an additional two-year period, resulting in a total combined vesting and holding period of five years from the PSU grant date.

Insider Trade Summary

Net Buyer: 32,616 shares

Net Buy 4 txns

Insider Rohrbaugh Troy L

Role Co-CEO CIB

Type	Security	Shares	Price	Value
Exercise	Performance Share Units	72,965.1126	$0.00	$0.00
Exercise	Common Stock	72,965.1126	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	40,349.1126	$295.04	$11.90M
holding	Common Stock	--	--	--

Holdings After Transaction: Performance Share Units — 0 shares (Direct); Common Stock — 143,895 shares (Direct); Common Stock — 92.4037 shares (Indirect, By 401(k))

Footnotes (3)

1. F1. 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. F2. Each PSU represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals.
3. F3. 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.

FAQ

What did JPM Co-CEO CIB Troy Rohrbaugh report in this Form 4 for JPM?

Troy Rohrbaugh reported exercising performance share units that settled into 72,965.1126 JPM common shares. These shares were earned based on a three-year performance period and are subject to an additional two-year holding requirement, reflecting long-term, performance-based compensation structure.

How many JPMorgan Chase shares were withheld for taxes in Troy Rohrbaugh’s Form 4?

The filing shows 40,349.1126 JPM common shares were withheld to satisfy tax obligations at a price of $295.04 per share. This tax-withholding disposition is not an open-market sale, but a standard mechanism to cover income tax tied to the PSU settlement.

How many JPM shares does Troy Rohrbaugh hold after these Form 4 transactions?

After the reported transactions, Troy Rohrbaugh directly holds 143,895.0000 JPM common shares. In addition, he has 92.4037 shares held indirectly through a 401(k) plan, illustrating both direct ownership and retirement-plan-based exposure to JPMorgan Chase stock.

What performance period and grant date are linked to Troy Rohrbaugh’s JPM PSUs?

The performance share units relate to a PSU award granted on January 17, 2023, covering a three-year performance period ending December 31, 2025. Earned PSUs, including reinvested dividend equivalents, settled in JPM common stock on March 25, 2026, per the award terms.

Are Troy Rohrbaugh’s newly settled JPM shares subject to a holding requirement?

Yes. After tax withholding, the shares delivered from the PSU settlement must be held for an additional two-year period. Combined with the initial vesting schedule, this creates a total five-year vesting and holding period from the January 17, 2023 grant date.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/27/2026 - 04:16 PM Learn about SEC filing dates

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
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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^*

Rohrbaugh Troy L

(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)
	Co-CEO CIB

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		72,965.1126(1)	A	$0(2)	184,244.1126	D
Common Stock	03/25/2026		F		40,349.1126	D	$295.04	143,895	D
Common Stock								92.4037	I	By 401(k)

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			72,965.1126(3)	(3)	(3)	Common Stock	72,965.1126	$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)