JPMorgan Chase (NYSE: JPM) General Counsel gifts 166 shares, retains large holdings
Rhea-AI Filing Summary
JPMorgan Chase & Co. General Counsel Stacey Friedman reported a bona fide gift of 166 shares of common stock on 2026-07-27. The transaction carried no sale price. After the gift, she directly holds 40,795 shares and reports indirect holdings of 79,468 shares through a GRAT and 16,196 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 166 shares
Net Sell
3 txns
Insider
Friedman Stacey
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 166 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,795 shares (Direct);
Common Stock — 79,468 shares (Indirect, By GRAT);
Common Stock — 16,196 shares (Indirect, By Trust)
Key Figures
Shares gifted: 166 shares
Direct holdings after transaction: 40,795 shares
Indirect holdings by GRAT: 79,468 shares
+1 more
4 metrics
Shares gifted
166 shares
Bona fide gift of common stock on 2026-07-27
Direct holdings after transaction
40,795 shares
Direct common stock owned by Stacey Friedman after the gift
Indirect holdings by GRAT
79,468 shares
Indirect ownership reported as held by GRAT as of 2026-07-27
Indirect holdings by Trust
16,196 shares
Indirect ownership reported as held by Trust as of 2026-07-27
Key Terms
Bona fide gift, GRAT, indirect ownership
3 terms
Bona fide gift financial
"The transaction is coded as a bona fide gift of 166 shares of common stock."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
GRAT financial
"Indirect ownership of 79,468 shares is reported as held by GRAT."
indirect ownership financial
"Additional entries describe indirect ownership through a GRAT and a trust."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did JPM (JPMorgan Chase & Co.) report for Stacey Friedman?
Stacey Friedman, JPMorgan Chase & Co.’s General Counsel, reported a bona fide gift of 166 shares of JPM common stock on 2026-07-27. The transaction was filed as a non-derivative disposition at no stated sale price per share.
What indirect JPM holdings does Stacey Friedman report in this Form 4?
In addition to direct shares, Stacey Friedman reports indirect ownership of 79,468 shares held by GRAT and 16,196 shares held by trust. These entries describe indirect positions rather than new buy or sell transactions on the reporting date.
Was the JPM insider gift by Stacey Friedman reported under a Rule 10b5-1 plan?
The Form 4 data indicate the Rule 10b5-1 checkbox is not marked as affirmative for this transaction. The filing characterizes the movement as a bona fide gift of shares, not as an exercise, sale, or purchase under an automated trading plan.