JPMORGAN CHASE & CO SEC Filings

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is issuing market-linked notes tied to the common stock of Oracle Corporation. Each $1,000 security is an auto-callable note with leveraged exposure to Oracle and contingent principal at risk, maturing on August 2, 2029.

The notes may be automatically called on August 4, 2027 if Oracle’s stock closes at or above the call value of $95.968, paying $1,401.50 per security (a 40.15% call premium). If not called, at maturity investors receive: principal plus 150% of any positive stock return; principal back if the ending price is between the starting price of $119.96 and the threshold price of $71.976; or a loss matching the stock decline if the ending price is below the threshold, with losses beyond 40% and up to full principal possible.

The total offering size is $1,500,000, with $25.75 per security in selling commissions and issuer proceeds of $974.25 per security. The initial estimated value is $947.30 per security, reflecting internal funding and hedging costs. The notes are unsecured obligations, not bank deposits, and carry tax and liquidity complexities highlighted in detailed risk and tax discussions.

JPMorgan Chase Financial Company LLC is issuing $2,451,000 of Capped Digital Barrier Notes linked to the S&P 500 Index, due August 4, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and offers exposure to the Index with structured payoff features.

At maturity, if the Index’s final level is at least 80.00% of its initial level, investors receive $1,000 plus the greater of a 20.00% Contingent Digital Return or the Index return, capped at a maximum total return of 85.00% ($1,850 per $1,000). If the final level is below the 80.00% barrier, repayment becomes linear with the Index return and investors can lose more than 20% and up to all principal.

The notes pay no interest or dividends, are unsecured and unsubordinated obligations of JPMorgan Financial and are subject to the credit risk of both the issuer and guarantor. The price to public is $1,000 per note, including $30 in fees and commissions; the issuer’s estimated value at pricing was $956.50 per $1,000 note, reflecting embedded costs and internal funding assumptions.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Accelerated Barrier Notes due August 16, 2029 linked to the least performing of three underlyings: the S&P 500 Index, the Dow Jones Industrial Average and the Technology Select Sector SPDR ETF.

The notes offer at least 1.665x any positive return of the least performing underlying if all three finish above their initial values. If any underlying finishes at or below its initial value but all remain at or above 70% of initial (Barrier Amount), investors receive only principal back. If any underlying finishes below its 70% barrier, repayment is reduced one-for-one with the decline of the least performer, exposing investors to losses greater than 30% and potentially a total loss of principal. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, have a minimum denomination of $1,000, and an illustrated estimated value of about $946.90 per $1,000 (with a minimum final estimated value of $900) due to embedded fees and hedging costs.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering market-linked notes tied to the common stock of Oracle Corporation. Each security has a $1,000 principal amount and a price to the public of $1,000, including $15.75 in fees and commissions, for issuer proceeds of $984.25 per security.

The notes are auto-callable on August 9, 2027 if Oracle’s stock closing price is at or above the call value. In that case, investors receive principal plus a call premium of at least 42.15%, or at least $1,421.50 per security, and the notes terminate. If not called, the maturity payment in 2029 depends on Oracle’s ending price: investors participate at a 150% upside participation rate if the stock ends above the starting price of $129.87, receive principal back if the ending price is between the starting price and the threshold price of $77.922 (60% of starting), and incur a one-for-one loss if the ending price falls below the threshold, risking more than 40% and up to all of principal.

The indicative estimated value is $961.20 per security and will not be less than $930.00 at pricing, reflecting internal funding and hedging costs. The notes are unsecured obligations, not bank deposits, and carry complex structural, market, valuation and tax risks highlighted in the risk and tax discussions.

JPMorgan Chase Financial Company LLC is offering $480,000 of Auto Callable Contingent Interest Notes linked to the common stock of Broadcom Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and pays contingent interest rather than fixed coupons.

Holders receive a 14.00% per annum Contingent Interest Rate (3.50% per quarter, or $35.00 per $1,000 note) for any Review Date on which Broadcom’s share price is at or above the Interest Barrier and Trigger Value, set at 50.00% of the Initial Value of $387.84 (that is $193.92). Missed interest can be paid later if the barrier is met.

The notes are automatically called if, on any Review Date other than the first and final, Broadcom’s share price is at least the Initial Value; investors then receive $1,000 plus the applicable and any unpaid contingent interest, and no further payments. If not called and the Final Value is at or above the Trigger Value, investors receive principal plus contingent interest at maturity on August 3, 2028. If the Final Value is below the Trigger Value, repayment is $1,000 + ($1,000 × Stock Return), exposing investors to losses greater than 50% and up to a total loss of principal.

The price to public is $1,000 per note, including $18.50 of selling commissions and structuring fees, with net proceeds of $981.50 per note. The estimated value at pricing is $960.20 per $1,000 note, reflecting internal funding and hedging costs. Payments are unsecured and subject to the credit risk of both JPMorgan Financial as issuer and JPMorgan Chase & Co. as guarantor, and the notes will not be listed on any exchange, which may limit liquidity.

JPMorgan Chase Financial Company LLC is offering $142,000 of Step-Up Auto Callable Notes linked to the S&P® Global 100 PR 5% Daily Risk Control 0.5% Deduction Index (USD), due August 4, 2033, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay no interest, offer full principal repayment at maturity if not earlier called, and provide 100% participation in any Index appreciation at maturity. They may be automatically called on scheduled review dates starting August 3, 2027 if the Index meets rising call levels, triggering preset call premiums of 11%–66% of principal.

The price to public is $1,000 per note, including selling commissions of $34, with issuer proceeds of $966 per note and an estimated value of $901 at pricing. The investment is unsecured, not FDIC-insured, subject to the credit risk of both the issuer and guarantor, features limited liquidity, and is taxed as a contingent payment debt instrument.

JPMorgan Chase Financial Company LLC is offering $351,000 of Step-Up Auto Callable Notes linked to the J.P. Morgan Dynamic Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination, priced with $34 in fees and $966 in proceeds to the issuer, and an estimated value of $888.30 when issued.

The notes may be automatically called on scheduled Review Dates starting August 3, 2027 if the Index closes at or above rising Call Values (from 100.50% to 103.00% of the Initial Value), paying principal plus step-up call premiums from 11% to 66%. If not called, at maturity on August 4, 2033 investors receive full principal plus an Additional Amount equal to Index Return × 100% Participation Rate, floored at zero. The Initial Value is 149.53, and the Index embeds a 0.95% per annum daily deduction and a 3.0% target volatility allocation between equity and Treasury futures. The notes pay no interest, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., may be illiquid, and are expected to be treated as contingent payment debt instruments for U.S. federal tax purposes, requiring accrual of original issue discount based on a 4.81% comparable yield and a projected payment of $1,394.87 at maturity.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5yNC6m Auto Callable Contingent Interest Notes linked to the MerQube Bitcoin Vol Advantage Index, which references an unfunded position in the iShares Bitcoin Trust ETF and applies up to 500% exposure with a 6.0% per annum daily index deduction and a separate daily notional financing cost on the ETF exposure.

The notes have a minimum denomination of $1,000, a pricing date of August 26, 2026, quarterly review dates, a final review date of August 26, 2031 and maturity on August 29, 2031. They pay a contingent interest rate of at least 12.25% per annum (at least 3.0625% per quarter) only if on the relevant review date the index is at or above the Interest Barrier, set at 60.00% of the Initial Value.

If on any review date other than the first and final the index is at or above its Initial Value, the notes are automatically called for $1,000 plus the contingent interest for that date. If not called, and the final index value is at or above the Trigger Value (also 60.00% of Initial Value), payment at maturity is $1,000 plus the final contingent interest. If the final value is below the Trigger Value, repayment is reduced based on the index return and investors will lose more than 40% of principal and could lose all principal. The estimated value at issuance will be not less than $900 per $1,000 note, and all payments are subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is issuing $2,661,000 of Auto Callable Contingent Interest Notes linked to the common stock of United Rentals, Inc. (URI), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a maturity date of August 3, 2028 and are issued in minimum denominations of $1,000.

Holders may receive a Contingent Interest Payment of $31.25 per $1,000 per quarter, equivalent to 12.50% per annum, for any Review Date on which URI’s closing price is at least 60.00% of the Initial Value. The Initial Value is $1,068.63 and the Interest Barrier and Trigger Value are 60.00% of that amount, or $641.178. Missed interest can be paid later if the barrier is met, but investors may receive no interest over the life of the notes.

The notes are automatically called if, on any Review Date other than the first and final, URI’s closing price is at least the Initial Value, with the earliest potential call on February 1, 2027. If the notes are not called and the Final Value is below the Trigger Value, repayment of principal is reduced 1% for each 1% decline from the Initial Value, leading to losses greater than 40% and possibly a full loss of principal. The estimated value at pricing is $962.90 per $1,000, below the price to public.