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JPMorgan Chase (NYSE: JPM) HR chief exercises RSUs, pays tax via sale

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

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.
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).
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*
Leopold Robin

(Last) (First) (Middle)
270 PARK AVENUE

(Street)
NEW YORK NY 10017-2014

(City) (State) (Zip)
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)
Head of Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/13/2026 M 7,747 A $0(1) 66,226 D
Common Stock 01/13/2026 M 6,995 A $0(1) 73,221 D
Common Stock 01/13/2026 F 7,700 D $318.715 65,521 D
Common Stock 9,333 I By GRAT
Common Stock 9,333 I By Spouse's 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 01/13/2026 M 7,747 (2) 01/13/2026 Common Stock 7,747 $0.0000 0.0000 D
Restricted Stock Units (1) 01/13/2026 M 6,995 (3) 01/13/2027 Common Stock 6,995 $0.0000 6,995 D
Explanation of Responses:
1. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of JPMC common stock.
2. RSUs vest 50% on January 13, 2025 and 50% on January 13, 2026.
3. RSUs vest 50% on January 13, 2026 and 50% on January 13, 2027.
/s/ Holly Youngwood under POA 01/15/2026
** 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.

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.

How many JPM common shares did Leopold Robin acquire and at what price?

He acquired 7,747 and 6,995 JPM common shares upon the exercise of RSUs, for a stated exercise price of $0 per share in each case.

How many JPM shares were sold or withheld and at what price?

A total of 7,700 JPM common shares were disposed of in a transaction coded "F" at a price of $318.715 per share, in connection with tax withholding.

How many JPM shares does Leopold Robin hold after these transactions?

After the reported transactions, he beneficially owned 65,521 JPM common shares directly, plus indirect holdings through trusts.

What indirect JPM shareholdings are reported via GRATs?

The filing reports 9,333 JPM common shares held indirectly "By GRAT" and another 9,333 shares held indirectly "By Spouse's GRAT."

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.

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