Douglas Petno sells 5,660 JPMorgan (NYSE: JPM) shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JPMorgan Chase & Co. Co-CEO of CIB Douglas B. Petno reported an open-market sale of 5,660 shares of JPMorgan Chase & Co. common stock on April 15, 2026 at an average price of $306.5758 per share.
After this transaction, he holds 381,807 shares directly, and an additional 70,457 shares indirectly through family trusts. The sale represents a small portion of his overall reported holdings and does not involve any derivative exercises or option activity in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,660 shares ($1,735,219)
Net Sell
2 txns
Insider
Petno Douglas B
Role
Co-CEO CIB
Sold
5,660 shs ($1.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,660 | $306.5758 | $1.74M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 381,807 shares (Direct);
Common Stock — 70,457 shares (Indirect, By Family Trusts)
Footnotes (1)
Key Figures
Shares sold: 5,660 shares
Sale price per share: $306.5758 per share
Direct holdings after transaction: 381,807 shares
+2 more
5 metrics
Shares sold
5,660 shares
Open-market sale of common stock on April 15, 2026
Sale price per share
$306.5758 per share
Average price for the 5,660 shares sold
Direct holdings after transaction
381,807 shares
Common stock directly owned after the reported sale
Indirect holdings
70,457 shares
Common stock held indirectly by family trusts
Net share change
5,660 shares net sold
Net buy/sell direction across reported transactions
Key Terms
open-market sale, Common Stock, Family Trusts, indirect ownership
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of 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
"security_title for the reported transaction is 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.
Family Trusts financial
"nature_of_ownership for indirect holdings is listed as By Family Trusts"
indirect ownership financial
"ownership_type is indirect for 70,457 shares held By Family Trusts"
FAQ
What insider transaction did Douglas B. Petno report at JPM (JPMorgan Chase & Co.)?
Douglas B. Petno reported selling 5,660 shares of JPMorgan Chase & Co. common stock. The sale occurred on April 15, 2026, as an open-market transaction at an average price of $306.5758 per share, according to the Form 4 filing details.
Does the Douglas B. Petno Form 4 for JPM show any option exercises or derivatives?
The Form 4 does not report any option exercises or derivative transactions. It shows a single non-derivative open-market sale of common stock plus a separate holding line for 70,457 shares held indirectly by family trusts, with no derivative positions listed.