Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $500,000 of Auto Callable Contingent Interest Notes linked to the common stock of Micron Technology, Inc. The notes pay a monthly contingent coupon of 2.375% (equivalent to 28.50% per annum) for each Review Date on which Micron’s share price is at or above 50% of the Strike Value of $201.37, with unpaid coupons accruing if later conditions are met.

The notes may be automatically called as early as December 22, 2025 if Micron’s share price is at or above the Strike Value on a Review Date, in which case investors receive $1,000 per note plus applicable contingent interest and no further payments. If the notes are not called and Micron’s final share price is below the 50% Trigger Value of $100.685, principal is reduced one‑for‑one with the stock’s loss, and investors can lose more than half, up to all, of their investment. The notes are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and the initial estimated value is $990.20 per $1,000 note, below the price to public.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $1,365,000 of callable contingent interest notes linked to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing in November 2027. The notes pay a contingent monthly coupon at a rate of 7.10% per annum (0.59167% per month) only when the closing level of each index on a Review Date is at or above 70% of its Initial Value.

If the notes are not redeemed early and the least performing index finishes below its 60% Trigger Value at maturity, investors lose 1% of principal for each 1% decline in that index, potentially up to a total loss. JPMorgan may redeem the notes early on certain Interest Payment Dates beginning May 27, 2026, returning principal plus any due contingent interest.

The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed on an exchange and offer no participation in index gains or dividends. The original issue price is $1,000 per note, while the estimated value at pricing is $954.60 per $1,000, reflecting embedded costs and hedging-related charges.

JPMorgan Chase Financial Company LLC is offering $545,000 of auto callable contingent interest notes linked individually to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 7.65% per annum (0.6375% per month) only for review dates when each index closes at or above 70% of its Initial Value.

The notes may be automatically called on certain review dates if each index is at or above its Initial Value, with the earliest possible call on February 23, 2026; if called, investors receive principal plus the applicable contingent interest and no further payments. If the notes are not called and, at maturity on May 26, 2027, the least performing index is below its trigger (70% of Initial Value), principal is reduced 1% for each 1% index decline, up to total loss of principal.

The price to the public is $1,000 per note, with proceeds to the issuer of $977.75 per $1,000 after $22.25 in selling commissions. The estimated value is $958.40 per $1,000 note, reflecting embedded selling, structuring and hedging costs. The notes are unsecured, unsubordinated obligations, not bank deposits and not FDIC-insured, and involve significant market, credit, liquidity and tax risks.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $650,000 of unsecured structured “Review Notes” linked to the MerQube US Large-Cap Vol Advantage Index, maturing on November 26, 2030. The notes are sold in $1,000 denominations at $1,000 each, with selling commissions of $50 per note and issuer proceeds of $950 per note; the initial estimated value is $887 per note.

The notes can be automatically called on any Review Date from November 24, 2026 onward if the Index is at or above the applicable Call Value. In that case, holders receive $1,000 plus a Call Premium Amount based on a 14.00% Call Premium Rate, and the notes terminate. If never called and the final Index level is below the 60% Barrier Amount, repayment is reduced dollar-for-dollar with Index losses, and principal can be largely or entirely lost.

The Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which systematically drags performance versus a similar index without the fee. The notes pay no interest, do not provide dividends from underlying equities, are not bank deposits, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is issuing $1,236,000 of Auto Callable Contingent Interest Notes linked individually to the Russell 2000 Index, the S&P 500 Index and the SPDR S&P Regional Banking ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly Contingent Interest Payment at a rate of 12.85% per annum (1.07083% per month) only if on a Review Date the closing value of each underlying is at or above 70% of its Initial Value. The notes may be automatically called starting May 21, 2026 if on an eligible Review Date each underlying is at or above its Initial Value, returning principal plus that period’s interest. If the notes are not called and the final value of the least performing underlying is below its Trigger Value (70% of Initial Value), repayment of principal is reduced one-for-one with the decline and can fall to zero. The estimated value is $967.50 per $1,000 note, below the $1,000 issue price, and the notes are unsecured, not FDIC insured and not listed on an exchange.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering three-year Trigger Autocallable Contingent Yield Notes linked separately to Citizens Financial Group (CFG) common stock and United Parcel Service (UPS) Class B shares. The notes pay quarterly contingent coupons only if the underlying stock closes at or above a preset coupon barrier; otherwise no coupon is paid for that quarter. After an initial six‑month non-call period, the notes are automatically called on any observation date when the underlying is at or above its initial value, returning principal plus that quarter’s coupon.

If the notes are not called and the final stock price is at or above the downside threshold (set equal to the coupon barrier), investors receive principal back plus the final coupon; if it finishes below that threshold, repayment is reduced in line with the stock’s decline, up to a complete loss of principal. Indicative contingent coupon rates are 9.00% per annum for the CFG-linked notes and 9.15% for the UPS-linked notes, with issue price of $10 per note and selling commissions of $0.20 per $10. The estimated value is below par (for example, approximately $9.546 and $9.48 per $10 for CFG and UPS), the notes are unsecured, not exchange-listed, and involve complex U.S. tax and withholding considerations.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable accelerated barrier notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the EURO STOXX 50 Index, maturing on November 30, 2028.

The notes may be automatically called on November 27, 2026 if each index is at or above 90% of its initial level, paying $1,000 plus a call premium of at least $190 per $1,000 note. If not called and all three final index levels exceed their initial levels, investors receive $1,000 plus 1.5 times the gain of the worst-performing index; if any index finishes between 70% and 100% of its initial level, principal is returned only. If any index closes below 70% of its initial level, repayment is reduced one-for-one with the decline in the worst index and investors can lose up to their entire principal.

The notes pay no interest or dividends, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is about $987 per $1,000 note, and the final estimated value will not be less than $950 per $1,000 note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $835,000 of Callable Contingent Interest Notes linked to the least performing of the Russell 2000, S&P 500 and Nasdaq‑100 indices, due November 27, 2028.

The notes pay a contingent interest rate of 6.25% per annum, or $5.2083 per $1,000 monthly, but only for review dates when each index closes at or above 70% of its initial level; otherwise no interest is paid. JPMorgan may redeem the notes early, in whole, on specified interest payment dates starting November 27, 2026 at $1,000 plus any due contingent interest.

If held to maturity and any index finishes below 65% of its initial level, investors lose 1% of principal for each 1% drop beyond the 35% buffer, up to a 65% loss of principal. The estimated value at pricing was $976.40 per $1,000, below the $1,000 issue price, reflecting selling commissions, hedging costs and issuer funding rates.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $50,000 of Auto Callable Accelerated Barrier Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on November 26, 2030. The notes are sold in $1,000 denominations at 100% of face value, with selling fees of $50 per note, providing $47,500 in proceeds to the issuer and an estimated fair value of $887.80 per $1,000 at pricing.

The notes may be automatically called starting November 25, 2026 if the Index is at or above its initial level, paying back principal plus preset call premiums ranging from 18.55% to 37.10%. If not called and the Index is above the initial level at maturity, investors receive 5x the Index gain; if the Index finishes between the initial level and a 50% barrier, principal is returned. Below the barrier, losses match the Index decline, up to a complete loss of principal.

The Index embeds a 6.0% per annum daily deduction, uses leveraged exposure (up to 500%) to E-mini S&P 500 futures with a 35% target volatility, and can be significantly uninvested, all of which can drag performance. The notes pay no interest, offer no dividends, are unsecured, subject to JPMorgan credit risk, may be illiquid, and are expected to trade below issue price due to embedded costs and internal funding assumptions.