STOCK TITAN
  1. Home
  2. Sec-filings
  3. JPM
  4. [Form 4] JPMORGAN CHASE & CO Insider Trading Activity

JPMorgan (JPM) Co-CEO Petno logs sale and 270K-share gifts

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

JPMorgan Chase & Co. Co-CEO of CIB Douglas B. Petno reported several common stock transactions. He sold 5,659 shares in an open-market trade at $300.05 per share, and after this sale he directly holds 224,619 shares of JPM stock.

He also reported two bona fide gifts totaling 270,054 shares, split between direct ownership and shares held by his spouse, as well as indirect holdings through a Grantor Retained Annuity Trust and family trusts.

Positive

  • None.

Negative

  • None.
Insider Petno Douglas B
Role Co-CEO CIB
Sold 5,659 shs ($1.70M)
Type Security Shares Price Value
Sale Common Stock 5,659 $300.05 $1.70M
Gift Common Stock 135,027 $0.00 --
Gift Common Stock 135,027 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 224,619 shares (Direct, null); Common Stock — 135,027 shares (Indirect, By Spouse)
Footnotes (1)
  1. [object Object]
Open-market sale 5,659 shares Common Stock sold at $300.05 per share
Sale price $300.05 per share Price for 5,659 JPM shares sold
Direct holdings after sale 224,619 shares Direct JPM ownership following open-market sale
Total gifted shares 270,054 shares Two bona fide gifts of 135,027 shares each
Spouse-held shares 135,027 shares Indirect JPM ownership reported as held by spouse
Family trust holdings 70,457 shares Indirect JPM ownership by family trusts
GRAT holdings 16,502 shares Shares transferred to a Grantor Retained Annuity Trust
Grantor Retained Annuity Trust ("GRAT") financial
"Balance reflects 16,502 shares transferred from the Grantor to a Grantor Retained Annuity Trust ("GRAT") on May 14, 2026."
Section 16(b) regulatory
"This transaction is exempt from Section 16(b) pursuant to Rule 16a-13."
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16a-13 regulatory
"This transaction is exempt from Section 16(b) pursuant to Rule 16a-13."
bona fide gift financial
"transaction_code_description: "Bona fide gift""
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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
X
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*
Petno Douglas B
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Co-CEO CIB
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/14/2026G135,027D$0.0000230,278(1)D
Common Stock05/15/2026S5,659D$300.05224,619D
Common Stock05/14/2026G135,027A$0.0000135,027IBy Spouse
Common Stock70,457IBy Family Trusts
Common Stock16,502(1)IBy GRAT
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Balance reflects 16,502 shares transferred from the Grantor to a Grantor Retained Annuity Trust ("GRAT") on May 14, 2026. This transaction is exempt from Section 16(b) pursuant to Rule 16a-13.
Remarks:
poapetno.txt
/s/ Denise G. Connors under POA05/15/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did JPM Co-CEO Douglas Petno report in this Form 4?

Douglas Petno reported one sale and two gifts of JPM common stock. The filing shows an open-market sale of 5,659 shares and two bona fide gifts totaling 270,054 shares, along with updated direct and indirect ownership positions.

How many JPM shares did Douglas Petno sell and at what price?

Douglas Petno sold 5,659 JPM shares at $300.05 per share. The transaction was reported as an open-market sale of common stock, and occurred while he remained a large shareholder with substantial direct and indirect holdings after the trade.

How many JPM shares does Douglas Petno hold after these transactions?

After the reported sale, Petno directly holds 224,619 JPM shares. The Form 4 also shows additional indirect holdings, including 16,502 shares in a GRAT, 70,457 shares held by family trusts, and 135,027 shares held by his spouse.

What gift transactions involving JPM stock did Douglas Petno disclose?

Petno disclosed two bona fide gifts totaling 270,054 JPM shares. One gift of 135,027 shares is reported as held indirectly by his spouse, and another 135,027-share gift affects his direct ownership balance, both recorded at a price of $0.00 per share.

What is the GRAT mentioned in Douglas Petno's JPM Form 4 filing?

The filing notes 16,502 JPM shares transferred to a Grantor Retained Annuity Trust. The footnote explains this balance reflects shares moved to a GRAT on May 14, 2026, in a transaction exempt from Section 16(b) under Rule 16a-13.

How does this Form 4 affect Douglas Petno’s overall JPM ownership picture?

The filing updates both Petno’s direct and indirect JPM holdings. It records an open-market sale of 5,659 shares, substantial gifts totaling 270,054 shares, and continuing interests through a GRAT, family trusts, and spouse-held shares, indicating a diversified ownership structure.