Alerian MLP Index ETN SEC Filings

JPMorgan Chase & Co. is offering callable zero coupon notes due December 11, 2050. Each note has a $1,000 principal amount but is sold at $222.638, with no periodic interest and a yield to maturity of 6.10% per year, compounded semiannually on a 30/360 basis.

The notes may be redeemed in whole, but not in part, on June 11 and December 11 of each year from December 11, 2027 through June 11, 2050 at the “Accreted Principal Amount” shown in the accretion schedule, starting at $251.068 per $1,000 on December 11, 2027 and rising to $970.403 on June 11, 2050. If not called, investors receive 100% of principal at maturity, subject to the stated day-count and business-day conventions.

On an event of default, the amount due per $1,000 will be the Accreted Principal Amount on the acceleration date. The notes are unsecured obligations of JPMorgan Chase & Co., and in a resolution scenario losses would be borne by equity holders first and then unsecured creditors, including holders of these notes. The notes are expected to be issued with original issue discount for U.S. federal tax purposes.

JPMorgan Chase Financial Company LLC is issuing $1,752,000 of Auto Callable Contingent Interest Notes linked to the lesser performer of the Nasdaq-100 Technology Sector Index and the VanEck Semiconductor ETF, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $7.75 per $1,000 (a 9.30% annual rate) only if on a Review Date each underlying is at or above 70% of its initial value, and they may be automatically called as early as February 23, 2026 if both are at or above their initial values.

If the notes are not called and either underlying finishes below 60% of its initial value at maturity in May 2027, investors lose principal in proportion to the decline and could lose their entire investment. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not listed, and the estimated value at pricing was $957.50 per $1,000, below the $1,000 issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is issuing $1,366,000 of Buffered Digital Notes linked to the S&P 500^® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer a fixed 11.10% contingent digital return at maturity if the Index’s final level on the February 22, 2027 observation date is at or above the initial level of 6,602.99.

Principal is protected only by a 15.00% buffer: if the Index is down more than 15.00%, investors lose 1% of principal for each additional 1% decline, with a minimum payout of $150.00 per $1,000 note. The notes pay no interest, provide no dividends, are unsecured, will not be listed, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, while the estimated value at pricing was $987.20, reflecting embedded structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering $764,000 of Capped Dual Directional Accelerated Barrier Notes linked to the least performing of the Nasdaq-100 Index, the Energy Select Sector SPDR Fund and the VanEck Semiconductor ETF, maturing on May 25, 2028 and fully guaranteed by JPMorgan Chase & Co.

The notes provide 2.40x leveraged upside on the least performing underlying, capped at a 60.00% maximum upside return (maximum payment of $1,600 per $1,000 note) if all underlyings finish above their initial values. If any underlying is at or below its initial value but all stay at or above 60.00% of initial value, investors receive an uncapped return equal to the absolute loss on the worst performer, up to 40.00% (maximum $1,400 per $1,000 note when the worst underlying is down 40%).

If any underlying closes below its 60.00% barrier, principal is exposed 1:1 to the decline of the least performing underlying, and investors can lose most or all of their investment. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, will not be listed, and may trade at prices below the $1,000 issue price. The estimated value at pricing was $955.50 per $1,000, reflecting embedded selling commissions and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $500,000 of Auto Callable Accelerated Barrier Notes linked to the lesser performer of the iShares Russell 2000 Value ETF (IWN) and the TOPIX Index, due November 26, 2030. The notes may be automatically called on November 27, 2026 if each underlying is at or above its initial level, paying $1,326 per $1,000 note, which includes a $326 call premium.

If not called and both underlyings finish above their initial values at maturity, holders receive $1,000 plus 3.00 times the gain of the lesser performer. If either underlying finishes between 80% and 100% of its initial value, principal is returned at par. If either finishes below 80% of its initial value, repayment is reduced one-for-one with the loss of the weaker underlying, down to a total loss of principal.

The notes are unsecured, unsubordinated obligations with a per-note price of $1,000, including $4 in selling commissions and an estimated value of $975.30. They pay no interest or dividends, are not exchange-listed, and expose investors to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., as well as significant market, liquidity and structural risks outlined in the risk considerations.

JPMorgan Chase Financial Company LLC is offering auto callable dual directional buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued in $1,000 denominations, with total proceeds of $2,236,935 to the issuer on a total offering of $2,271,000.

The notes may be automatically called on the December 4, 2026 review date if the Index closes at or above the initial level of 6,602.99, paying $1,000 plus a 10.53% call premium per note. If not called, at the November 26, 2027 maturity investors receive uncapped upside if the Index rises, or a positive return equal to the absolute Index move (up to 20%) if the Index is down but within the 20.00% contingent buffer. If the S&P 500 falls by more than 20.00%, principal is reduced one-for-one with the loss. The estimated value at pricing was $973 per $1,000 note, and investors receive no interest or dividends and bear JPMorgan credit risk.

JPMorgan Chase Financial Company LLC is issuing auto callable buffered equity notes linked to the common stock of The Boeing Company. Each note has a $1,000 price to the public with total offering size of $2,148,000 and net proceeds to the issuer of $985 per note, or $2,115,780. If, on the December 4, 2026 Review Date, Boeing’s share price is at or above the Initial Stock Price of $179.70, the notes are automatically called and pay back $1,000 plus a 16.76% call premium.

If the notes are not called and on the November 22, 2027 Valuation Date Boeing’s share price is at or above the Initial Stock Price, investors receive uncapped upside based on the Stock Return, subject to a Contingent Minimum Return of 33.52%. If the Final Stock Price is down by up to the 15.00% buffer, principal is repaid; below that level, losses are magnified by a 1.17647 downside leverage factor, so some or all principal may be lost.

The notes pay no interest or dividends and are unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co. The estimated value is $969.70 per $1,000 note, lower than the issue price due to selling commissions, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering 568,000 units of Autocallable Leveraged Index Return Notes linked to Meta Platforms, Inc. Class A common stock, each with a $10 principal amount, for a total public offering price of $5,680,000. The notes mature on November 30, 2027 and may be automatically called on December 1, 2026 at $11.88 per unit if Meta’s observation value is at least 100.00% of the Starting Value of $594.25.

If not called, at maturity investors receive 150.00% of any positive return of Meta, a positive “absolute return” on declines up to 30.00% (down to the Threshold Value of $415.98), and 1-to-1 downside below that level, with up to 100.00% of principal at risk. The estimated value is $9.764 per unit, below the $10 public price, reflecting selling, structuring and hedging costs. The notes pay no interest, do not provide Meta dividends, are unsecured obligations guaranteed by JPMorgan Chase & Co., and are expected to have limited or no secondary market liquidity.

JPMorgan Chase Financial Company LLC is offering $1,650,000 of Auto Callable Buffered Equity Notes linked to the common stock of The Boeing Company, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a term of about two years, with an automatic call on December 4, 2026 if Boeing’s share price is at or above the initial level, paying $1,000 plus a 13.30% call premium per note. If not called, at maturity investors receive uncapped equity-linked upside, with a Contingent Minimum Return of 26.60% if Boeing’s final price is at or above the initial price.

The structure includes a 25.00% downside buffer; below that threshold, losses are leveraged at 1.33333% of principal for each 1% additional stock decline, so investors can lose some or all principal. The notes pay no interest or dividends, are unsecured obligations with minimum denominations of $10,000, and their initial estimated value is $967.30 per $1,000, below the issue price due to selling, structuring and hedging costs.