JPMorgan Chase (NYSE: JPM) Co-President reports bona fide gift of 864 shares
Rhea-AI Filing Summary
JPMorgan Chase & Co. reports that executive Douglas B. Petno, Co-President and CEO of CIB, made a bona fide gift of 864 shares of common stock on July 24, 2026. After this gift he directly holds 223,755 shares, plus indirect holdings via family trusts, a GRAT, and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 864 shares
Net Sell
4 txns
Insider
Petno Douglas B
Role
Co-President; CEO CIB
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 864 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 223,755 shares (Direct);
Common Stock — 70,457 shares (Indirect, By Family Trusts);
Common Stock — 16,502 shares (Indirect, By GRAT);
Common Stock — 135,027 shares (Indirect, By Spouse)
Key Figures
Shares gifted: 864.0000 shares
Direct holdings after transaction: 223755.0000 shares
Indirect holdings by Family Trusts: 70457.0000 shares
+2 more
5 metrics
Shares gifted
864.0000 shares
Bona fide gift of JPMorgan Chase common stock on July 24, 2026
Direct holdings after transaction
223755.0000 shares
Directly held JPMorgan Chase common stock following the gift
Indirect holdings by Family Trusts
70457.0000 shares
Indirect ownership reported as held by Family Trusts
Indirect holdings by GRAT
16502.0000 shares
Indirect ownership reported as held by a GRAT
Indirect holdings by spouse
135027.0000 shares
Indirect ownership reported as held by spouse
Key Terms
Bona fide gift, GRAT, Family Trusts
3 terms
Bona fide gift regulatory
"transaction_code_description: "Bona fide gift" for the 864-share transfer"
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
"nature_of_ownership: "By GRAT" for one indirect holding entry"
Family Trusts financial
"nature_of_ownership: "By Family Trusts" indicating indirect ownership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Douglas B. Petno report for JPM (JPMorgan Chase & Co.)?
Douglas B. Petno reported a bona fide gift of 864 shares of JPMorgan Chase common stock on July 24, 2026. The transaction was coded as a gift (code G) and shows no price per share, reflecting a non-sale transfer.
What indirect JPM holdings does Douglas B. Petno report in this Form 4 for JPM?
Douglas B. Petno reports indirect holdings of 70,457 shares by Family Trusts, 16,502 shares by a GRAT, and 135,027 shares by his spouse. These positions are categorized as indirect ownership in JPMorgan Chase common stock.
Does the Douglas B. Petno Form 4 for JPM indicate any stock sales or purchases?
The filing shows no open-market purchases or sales of JPM shares. It reports one bona fide gift of 864 shares and several entries that simply state direct and indirect holdings following the transaction date, without buy or sell activity.
Was Douglas B. Petno’s JPM stock gift made under a Rule 10b5-1 plan?
The filing’s data indicate the Rule 10b5-1 checkbox was not marked as affirmative. The reported transaction is a bona fide gift of 864 JPM shares, and there is no indication in the provided data that it was executed under a trading plan.