JPMorgan Chase (NYSE: JPM) HR chief exercises RSUs, pays tax via sale
Rhea-AI Filing Summary
JPMorgan Chase & Co. executive Leopold Robin, Head of Human Resources, reported RSU exercises and related share withholding on January 13, 2026. He converted 7,747 and 6,995 Restricted Stock Units into the same number of common shares at an exercise price of $0 per share. To cover tax obligations, 7,700 common shares were disposed of at $318.715 per share. Following these transactions, he held 65,521 common shares directly. In addition, 9,333 common shares were held indirectly by a GRAT and 9,333 common shares were held indirectly by his spouse's GRAT. Each RSU represents a right to receive one share of common stock, with the awards vesting in two equal installments on specified January 13 vesting dates in 2025, 2026, and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,747 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,995 | $0.00 | -- |
| Exercise | Common Stock | 7,747 | $0.00 | -- |
| Exercise | Common Stock | 6,995 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,700 | $318.715 | $2.45M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of JPMC common stock. RSUs vest 50% on January 13, 2025 and 50% on January 13, 2026. RSUs vest 50% on January 13, 2026 and 50% on January 13, 2027.
FAQ
What insider transaction did JPM (JPMorgan Chase & Co.) report for Leopold Robin?
Leopold Robin, Head of Human Resources at JPMorgan Chase & Co., reported exercising Restricted Stock Units into common stock and disposing of some shares on January 13, 2026.
What do the JPM RSU footnotes say about vesting?
The RSUs each represent a contingent right to one JPM share. One RSU grant vests 50% on January 13, 2025 and 50% on January 13, 2026, while another vests 50% on January 13, 2026 and 50% on January 13, 2027.