JPMorgan Chase (NYSE: JPM) COO reports RSU vesting and share sale

Rhea-AI Filing Summary

JPMorgan Chase & Co. Chief Operating Officer Jennifer Piepszak reported multiple equity transactions involving company stock. On January 13, 2026, she converted 17,898 and 16,020 Restricted Stock Units (RSUs) into an equal number of JPMorgan common shares at an exercise price of $0 per share, reflecting previously granted equity awards settling in stock. The filing shows a separate transaction the same day in which 16,775 common shares were disposed of at $318.715 per share under code “F,” indicating shares were withheld to cover taxes.

After these transactions, Piepszak directly beneficially owned 79,598 shares of JPMorgan common stock and 16,021 RSUs. Each RSU represents a contingent right to receive one share of JPMorgan common stock, with the awards vesting in 50% increments on specified dates in 2025, 2026, and 2027.

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

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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^*

Piepszak Jennifer

(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)
	Chief Operating Officer

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		17,898	A	$0(1)	80,353	D
Common Stock	01/13/2026		M		16,020	A	$0(1)	96,373	D
Common Stock	01/13/2026		F		16,775	D	$318.715	79,598	D

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			17,898	(2)	01/13/2026	Common Stock	17,898	$0.0000	0.0000	D
Restricted Stock Units	(1)	01/13/2026		M			16,020	(3)	01/13/2027	Common Stock	16,020	$0.0000	16,021	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.
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FAQ

What insider activity did JPM (JPMorgan Chase & Co.) report on this Form 4?

The Form 4 reports that Chief Operating Officer Jennifer Piepszak converted 17,898 and 16,020 Restricted Stock Units into JPMorgan common stock on January 13, 2026, and had 16,775 shares withheld at $318.715 per share in a tax-related transaction.

How many JPM common shares does Jennifer Piepszak own after these transactions?

After the reported transactions, Jennifer Piepszak directly beneficially owned 79,598 shares of JPMorgan Chase & Co. common stock.

What happened to Jennifer Piepszak’s Restricted Stock Units (RSUs) in this JPM Form 4?

Two RSU awards were partially or fully settled on January 13, 2026, converting 17,898 and 16,020 RSUs into common shares at an exercise price of $0. Following these transactions, she held 16,021 RSUs.

At what price were JPM shares disposed of in the tax withholding transaction?

The filing shows 16,775 JPMorgan common shares were disposed of at a price of $318.715 per share in a transaction coded “F,” indicating shares withheld to satisfy tax obligations.

What do the RSU vesting schedules look like for the JPM COO’s awards?

One RSU grant vests 50% on January 13, 2025 and 50% on January 13, 2026. A second grant vests 50% on January 13, 2026 and 50% on January 13, 2027.

What position does the reporting person hold at JPMorgan Chase & Co.?

The reporting person, Jennifer Piepszak, is identified as the Chief Operating Officer of JPMorgan Chase & Co.