JPMorgan Chase counsel sells 5,467 shares

JPMorgan Chase & Co.’s General Counsel, Stacey Friedman, reported an open-market sale of 5,467 shares of common stock at an average price of $330.7337 per share on June 22, 2026.

Rhea-AI Filing Summary

JPMorgan Chase & Co.’s General Counsel, Stacey Friedman, reported an open-market sale of 5,467 shares of common stock at an average price of $330.7337 per share on June 22, 2026. After this transaction, she holds 40,961 shares directly. She also reports indirect holdings of 16,196 shares held by a trust and 79,468 shares held by a GRAT, showing additional exposure through estate-planning vehicles alongside her direct position.

Insights

Equity analyst

Routine insider sale with sizable remaining direct and indirect holdings.

Stacey Friedman, General Counsel of JPMorgan Chase & Co., reported selling 5,467 shares of common stock in an open-market transaction at $330.7337 per share. This is a straightforward Section 16 insider sale, not tied to any derivative exercise or tax event in this filing.

Following the sale, she still directly owns 40,961 shares and indirectly holds 16,196 shares via a trust and 79,468 shares via a GRAT. These indirect positions indicate ongoing beneficial exposure through estate-planning entities, even after the reported net-sell activity. The filing does not reference any trading plans or derivative positions in the excerpt provided.

From an investment perspective, this looks like a routine liquidity event rather than a transformational change in insider alignment, as the remaining direct and indirect stakes remain substantial relative to the single sale disclosed.

Insider Trade Summary 10b5-1

Net Seller: 5,467 shares

Net Sell 3 txns

Insider Friedman Stacey

Role General Counsel

Sold 5,467 shs ($1.81M)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,467	$330.7337	$1.81M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 40,961 shares (Direct); Common Stock — 79,468 shares (Indirect, By GRAT); Common Stock — 16,196 shares (Indirect, By Trust)

Key Figures

Shares sold: 5,467 shares Sale price: $330.7337 per share Direct holdings after sale: 40,961 shares +3 more

6 metrics

Shares sold 5,467 shares Open-market sale on June 22, 2026

Sale price $330.7337 per share Average price for 5,467-share sale

Direct holdings after sale 40,961 shares Common stock directly owned post-transaction

Trust holdings 16,196 shares Indirect ownership By Trust after transaction

GRAT holdings 79,468 shares Indirect ownership By GRAT after transaction

Net buy/sell shares 5,467 shares net-sell Form 4 transaction summary

Key Terms

open-market sale, By Trust, By GRAT, indirect holdings, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

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.

By Trust financial

"nature_of_ownership": "By Trust""

By GRAT financial

"nature_of_ownership": "By GRAT""

indirect holdings financial

"indirect holdings of 16,196 shares held by a trust"

net-sell financial

"netBuySellDirection": "net-sell""

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/22/2026 - 05:00 PM EDT Learn about SEC filing dates

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).

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^*

Friedman Stacey

(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)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

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
Common Stock	06/22/2026		S		5,467	D	$330.7337	40,961	D
Common Stock								79,468	I	By GRAT
Common Stock								16,196	I	By Trust

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

Explanation of Responses:

	/s/ Denise G. Connors under POA	06/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)