JPMorgan Chase (NYSE: JPM) CIO Lori Beer sells 3,166 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JPMorgan Chase & Co.'s Chief Information Officer Lori A. Beer reported an open-market sale of 3,166 shares of JPM common stock. The transaction was executed at a price of $306.5887 per share. Following this sale, she directly holds 69,948 shares of JPM common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,166 shares ($970,660)
Net Sell
1 txn
Insider
Beer Lori A
Role
Chief Information Officer
Sold
3,166 shs ($971K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,166 | $306.5887 | $971K |
Holdings After Transaction:
Common Stock — 69,948 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 3,166 shares
Sale price per share: $306.5887 per share
Shares held after transaction: 69,948 shares
3 metrics
Shares sold
3,166 shares
Open-market sale of JPM common stock
Sale price per share
$306.5887 per share
Price for the 3,166 JPM shares sold
Shares held after transaction
69,948 shares
Direct holdings of Lori A. Beer after sale
Key Terms
Form 4, open-market sale, Common Stock, Chief Information Officer
4 terms
Form 4 regulatory
"The transaction was reported on a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"completed an open-market sale of 3,166 shares of JPM common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"open-market sale of 3,166 shares of JPM common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Information Officer other
"Lori A. Beer is identified as Chief Information Officer of JPMorgan Chase & Co."
A chief information officer (CIO) is a senior executive responsible for managing a company's technology and information systems. They ensure that technology supports the organization’s goals, much like a conductor coordinating an orchestra to create harmonious music. Investors care about CIOs because their decisions and strategies can influence a company's efficiency, security, and ability to adapt to new digital opportunities.
FAQ
What insider transaction did JPM (JPMorgan Chase & Co.) report for Lori A. Beer?
JPM reported that Chief Information Officer Lori A. Beer completed an open-market sale of 3,166 shares of JPM common stock. The transaction was reported on a Form 4 insider filing as a sale in the open market.
Was the JPM (JPMorgan Chase & Co.) insider trade by Lori A. Beer a buy or a sell?
The insider trade reported for Lori A. Beer was a sale. The Form 4 lists the transaction code as “S” and describes it as an open-market sale of JPM common stock rather than a purchase or grant.
What role does Lori A. Beer hold at JPM (JPMorgan Chase & Co.) in this Form 4?
In this Form 4, Lori A. Beer is identified as Chief Information Officer of JPMorgan Chase & Co. Her officer status is disclosed in the filing alongside details of the reported sale of JPM common stock.