JPMorgan (NYSE: JPM) Co-CEO awarded 25,938 RSUs vesting 2028–2029

Rhea-AI Filing Summary

JPMorgan Chase Co-CEO of CIB Troy L. Rohrbaugh reported an award of 25,938 Restricted Stock Units (RSUs) on January 20, 2026. Each RSU represents a contingent right to receive one share of JPMorgan Chase common stock, and all 25,938 derivative securities are shown as directly owned after the transaction.

The RSUs relate to performance year 2025, where RSUs make up 50% of his equity-based incentive compensation and the remaining 50% is in Performance Share Units. The RSUs vest in two equal installments: 50% on January 13, 2028 and 50% on January 13, 2029.

The award is subject to the firm’s Bonus Recoupment Policy in the event of a material restatement of financial statements, as well as recapture provisions that allow cancellation or recovery of value in specified circumstances. Portions of equity awards to Operating Committee members are also subject to Protection-based Vesting, which can lead to cancellation, subject to ratification by the Board’s Compensation & Management Development Committee.

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
Estimated average burden
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 NY 10017-2014

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
Restricted Stock Units(1)	(2)	01/20/2026		A(3)		25,938		(4)	01/13/2029	Common Stock	25,938	$0.0000	25,938	D

Explanation of Responses:

1. Consistent with last year, Restricted Stock Units (RSUs) represent 50% of the Reporting Person's equity-based incentive compensation for performance year 2025, with the remaining 50% awarded in the form of Performance Share Units (PSUs).

2. Each RSU represents a contingent right to receive one share of JPMC common stock.

3. Equity incentives are subject to the JPMorgan Chase Bonus Recoupment Policy which applies in the event of a material restatement of the Firm's financial statements. In addition, all equity awards granted in 2026 contain recapture provisions that enable the Firm to cancel outstanding awards and/or recover the value of certain stock distributed under the award in specified circumstances. In addition to recapture provisions, portions of equity awards granted to Operating Committee members are also subject to additional Protection-based Vesting provisions under which awards may be cancelled, any determination with respect to which is subject to ratification by the Compensation & Management Development Committee of the Board of Directors.

4. RSUs vest 50% on January 13, 2028 and 50% on January 13, 2029.

	/s/ Holly Youngwood under POA	01/22/2026
	** 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.

FAQ

What insider transaction did JPM (JPMorgan Chase) report for Troy L. Rohrbaugh?

The filing shows that Troy L. Rohrbaugh, Co-CEO of CIB at JPMorgan Chase, received 25,938 Restricted Stock Units (RSUs) on January 20, 2026, all reported as directly owned after the transaction.

How many JPMorgan Chase RSUs were granted to the Co-CEO of CIB and at what price?

The Co-CEO of CIB was granted 25,938 RSUs, each linked to one share of JPMorgan Chase common stock, at a reported price per unit of $0.0000 as an equity incentive award.

When do Troy L. Rohrbaugh’s JPM RSUs vest?

The RSUs vest in two equal tranches: 50% on January 13, 2028 and 50% on January 13, 2029, subject to the award’s terms and conditions.

How are RSUs and PSUs split in Troy L. Rohrbaugh’s 2025 JPM equity compensation?

For performance year 2025, the filing states that 50% of his equity-based incentive compensation is in RSUs and the remaining 50% in Performance Share Units (PSUs).

What recoupment or clawback provisions apply to these JPM RSU awards?

The RSUs are subject to the JPMorgan Chase Bonus Recoupment Policy for material restatements, recapture provisions that allow cancellation or recovery of value in specified circumstances, and Protection-based Vesting for Operating Committee members, which may result in cancellation subject to Board committee ratification.

Is the RSU award to Troy L. Rohrbaugh a direct or indirect holding?

The Form 4 indicates that the 25,938 RSUs are held with direct ownership, with no separate entity or indirect ownership structure described for this award.