JPMorgan Co-CEO exercises RSUs, sells 16K shares

JPMorgan Chase & Co. executive Douglas B. Petno, Co-CEO of the Corporate & Investment Bank, reported equity award activity and related stock transactions.

Accepted by SEC EDGAR 01/15/2026 - 04:16 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

JPMorgan Chase & Co. executive Douglas B. Petno, Co-CEO of the Corporate & Investment Bank, reported equity award activity and related stock transactions. On January 13, 2026, he converted 15,761 restricted stock units and another 14,215 restricted stock units into the same number of JPMorgan common shares at an exercise price of $0.00 per share.

On the same date, there was a disposition of 16,027 shares of common stock at a price of $318.715 per share. Following these transactions, he held 372,613 shares of JPMorgan common stock directly. In addition, 70,457 shares of common stock were reported as held indirectly through family trusts.

Insider Trade Summary

29,976 shares exercised/converted

Exercise 5 txns

Insider Petno Douglas B

Role Co-CEO CIB

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	15,761	$0.00	$0.00
Exercise	Restricted Stock Units	14,215	$0.00	$0.00
Exercise	Common Stock	15,761	$0.00	$0.00
Exercise	Common Stock	14,215	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	16,027	$318.715	$5.11M
Holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 14,216 contracts (Direct); Common Stock — 372,613 shares (Direct); Common Stock — 70,457 shares (Indirect, By Family Trusts)

Holdings Before and After: Restricted Stock Units, 44,192 to 14,216 contracts (Direct); Common Stock, 358,664 to 372,613 shares (Direct)

Footnotes (3)

1. F1. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of JPMC common stock.
2. F2. RSUs vest 50% on January 13, 2025 and 50% on January 13, 2026.
3. F3. RSUs vest 50% on January 13, 2026 and 50% on January 13, 2027.

FAQ

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What insider activity did JPM (JPMorgan Chase & Co.) report for Douglas B. Petno?

Douglas B. Petno, Co-CEO of the Corporate & Investment Bank, reported converting restricted stock units into JPMorgan common stock and a disposition of common shares on January 13, 2026.

How many JPM shares did Douglas B. Petno acquire from RSU conversions?

He converted 15,761 restricted stock units and 14,215 restricted stock units, resulting in the issuance of the same number of JPMorgan common shares at an exercise price of $0.00 per share.

How many JPMorgan shares were disposed of in the reported transaction?

The filing shows a disposition of 16,027 shares of JPMorgan common stock at a price of $318.715 per share on January 13, 2026.

What is Douglas B. Petno’s direct ownership in JPM shares after these transactions?

After the reported transactions, Douglas B. Petno held 372,613 shares of JPMorgan common stock directly.

Does Douglas B. Petno have any indirect ownership of JPM shares?

Yes. The Form 4 shows 70,457 shares of JPMorgan common stock held indirectly through family trusts.

What do the restricted stock units (RSUs) in the JPM Form 4 represent?

Each RSU represents a contingent right to receive one share of JPMorgan common stock, with vesting schedules that provide for 50% vesting on specified January 13 dates in 2025, 2026, and 2027.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Petno Douglas B

(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)
	Co-CEO CIB

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		15,761	A	$0(1)	374,425	D
Common Stock	01/13/2026		M		14,215	A	$0(1)	388,640	D
Common Stock	01/13/2026		F		16,027	D	$318.715	372,613	D
Common Stock								70,457	I	By Family Trusts

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			15,761	(2)	01/13/2026	Common Stock	15,761	$0.0000	0.0000	D
Restricted Stock Units	(1)	01/13/2026		M			14,215	(3)	01/13/2027	Common Stock	14,215	$0.0000	14,216	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.
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