Mary Erdoes of JPMorgan (JPM) earns max performance share units for 3-year period

Rhea-AI Filing Summary

JPMorgan Chase & Co. reported that Mary E. Erdoes, CEO of Asset & Wealth Management, acquired 84,983.5007 Performance Share Units (PSUs) tied to common stock. Each PSU represents a contingent right to one share, earned for the three-year performance period ended December 31, 2025.

The Compensation & Management Development Committee certified that the maximum amount of the previously granted PSUs was earned based on pre-established performance goals. The PSUs are expected to vest and settle in shares on March 25, 2026, after which the delivered shares, net of tax withholding, must be held for an additional two years, creating a total five-year vesting and holding period from the original January 17, 2023 grant.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Erdoes Mary E.

Role CEO Asset & Wealth Management

Type	Security	Shares	Price	Value
Grant/Award	Performance Share Units	84,983.501	$0.00	--

Holdings After Transaction: Performance Share Units — 84,983.501 shares (Direct)

Footnotes (1)

1. Each Performance Share Unit (PSU) represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals. 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. The PSUs are expected to vest and settle in shares of common stock on March 25, 2026, which will be reported in a later Form 4 filing. In accordance with the terms of the PSUs, the Board's Compensation & Management Development Committee has certified the Firm's absolute and relative performance against the pre-established performance goals for the performance period and has determined that the maximum amount of the previously granted PSUs has been earned. 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, as provided under the terms of the PSU award granted on January 17, 2023.

Form 4 Insider Transactions: What Each Field Means →

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^*

Erdoes Mary E.

(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)
	CEO Asset & Wealth Management

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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

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	(1)	03/17/2026		A		84,983.5007(2)		(3)	(3)	Common Stock	84,983.5007	$0.0000	84,983.5007	D

Explanation of Responses:

1. Each Performance Share Unit (PSU) represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals.

2. 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. The PSUs are expected to vest and settle in shares of common stock on March 25, 2026, which will be reported in a later Form 4 filing. In accordance with the terms of the PSUs, the Board's Compensation & Management Development Committee has certified the Firm's absolute and relative performance against the pre-established performance goals for the performance period and has determined that the maximum amount of the previously granted PSUs has been earned.

3. 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, as provided under the terms of the PSU award granted on January 17, 2023.

	/s/ Holly Youngwood under POA	03/19/2026
	** 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)

FAQ

What did JPM (JPMorgan Chase & Co.) disclose about Mary Erdoes in this Form 4?

Mary Erdoes received 84,983.5007 Performance Share Units (PSUs). These PSUs were earned based on JPMorgan Chase’s performance over a three-year period and give her a contingent right to receive an equal number of common shares when they vest and settle.

How many JPM PSUs did Mary Erdoes earn for the 2023–2025 performance period?

Mary Erdoes earned 84,983.5007 PSUs. The PSUs were calculated, including reinvested dividend equivalents, based on JPMorgan Chase’s attainment of pre-established performance goals for the three-year performance period that ended on December 31, 2025.

When will Mary Erdoes’ JPM Performance Share Units vest and settle into shares?

The PSUs are expected to vest and settle on March 25, 2026. On that date, the earned Performance Share Units should convert into an equivalent number of JPMorgan Chase common shares, which will then be reported in a later Form 4 filing.

What performance period do Mary Erdoes’ JPM PSUs cover?

The PSUs cover a three-year performance period ending December 31, 2025. JPMorgan Chase’s Compensation & Management Development Committee certified the firm’s absolute and relative performance versus pre-established goals for this period and determined that the maximum PSU amount was earned.

How long must Mary Erdoes hold the JPM shares delivered from these PSUs?

Shares delivered must be held for two additional years. After vesting and settlement, the net shares, after tax withholding, must be held so that the combined vesting and post-vesting holding period totals five years from the original PSU grant date of January 17, 2023.

What does each JPM Performance Share Unit represent for Mary Erdoes?

Each PSU represents a contingent right to one JPM share. The units only convert into common stock if performance conditions are met and vesting occurs. Here, JPMorgan’s certified performance resulted in the maximum number of previously granted PSUs being earned.