JPMorgan (NYSE: JPM) HR leader earns 24,894.7727 performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leopold Robin reported acquisition or exercise transactions in this Form 4 filing.
JPMorgan Chase & Co. reported that Head of Human Resources Leopold Robin was credited with 24,894.7727 Performance Share Units (PSUs). Each PSU represents a contingent right to receive one share of common stock, earned for the three-year performance period ended December 31, 2025.
The firm’s Compensation & Management Development Committee certified that the maximum amount of the previously granted PSUs was earned. These PSUs are expected to vest and settle in common shares on March 25, 2026, after which the delivered shares, net of tax withholding, must be held for an additional two years under the January 17, 2023 award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leopold Robin
Role
Head of Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 24,894.773 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 24,894.773 shares (Direct)
Footnotes (1)
- Each Performance Share Unit (PSU) represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals. Represents PSUs earned (including reinvested dividend equivalents) based on the Firm's attainment of pre-established performance goals for the three-year performance period ended December 31, 2025. The PSUs are expected to vest and settle in shares of common stock on March 25, 2026, which will be reported in a later Form 4 filing. In accordance with the terms of the PSUs, the Board's Compensation & Management Development Committee has certified the Firm's absolute and relative performance against the pre-established performance goals for the performance period and has determined that the maximum amount of the previously granted PSUs has been earned. Shares delivered, after applicable tax withholding, must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant, as provided under the terms of the PSU award granted on January 17, 2023.
FAQ
What insider transaction did JPM (JPM) disclose for Leopold Robin?
JPMorgan Chase & Co. disclosed that Head of Human Resources Leopold Robin acquired 24,894.7727 Performance Share Units. These units were earned based on pre-established performance goals over a three-year period ending December 31, 2025.
When will the earned PSUs for JPM (JPM) Head of HR vest and settle?
The earned PSUs for Leopold Robin are expected to vest and settle in JPMorgan common stock on March 25, 2026. The delivery follows certification of performance for the three-year period ended December 31, 2025 by the Board committee.
What performance period determined the PSU award reported by JPM (JPM)?
The PSU award was based on JPMorgan’s attainment of pre-established performance goals over a three-year performance period ending on December 31, 2025. The Compensation & Management Development Committee certified the firm’s absolute and relative performance against those goals.
Are there holding requirements on the JPM (JPM) PSUs after settlement?
Yes. Shares delivered after applicable tax withholding must be held for an additional two years. This creates a total combined vesting and holding period of five years from the original PSU grant date of January 17, 2023.
Did JPM (JPM) indicate the PSUs were fully earned for the performance period?
Yes. The Board’s Compensation & Management Development Committee determined that the maximum amount of the previously granted PSUs was earned. This decision followed certification of JPMorgan’s performance versus the pre-established goals for the three-year period.