Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC is offering structured Buffered Digital Notes linked to the lesser performer of the S&P 500 Index and the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about February 4, 2026 and mature on February 9, 2028.

At maturity, investors receive a fixed return of at least 26.00% per $1,000 note if the final level of each index is at or above its initial level. If either index finishes more than 10.00% below its initial level, principal is reduced 1% for each 1% drop beyond that buffer, up to a 90.00% loss.

The notes pay no interest, provide no dividends, and are unsecured, unsubordinated obligations subject to the credit risk of both issuers. They will not be listed on an exchange, and secondary market prices are expected to be below the $1,000 price, with an initial estimated value of about $981.10 per $1,000 and not less than $900.00 when finalized.

JPMorgan Chase Financial Company LLC outlines preliminary terms for unsecured Auto Callable Notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on specified annual Review Dates starting February 24, 2027, if the Index closes at or above a step-up Call Value, paying $1,000 plus a Call Premium Amount of at least 8%, 16%, 24% or 32% of principal depending on the call year.

If not called, at maturity in 2031 holders receive $1,000 plus an Additional Amount equal to the Index return times a 100% participation rate, with principal repaid in full but no guaranteed interest. The Index embeds a 1.00% per annum daily deduction and follows a momentum-based, volatility-targeted allocation across equity, bond and commodity futures. The estimated value, if priced on the described date, would be about $941.20 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing. Extensive risk factors highlight credit risk of the issuer and guarantor, potential illiquidity, model and hedging risks, Index strategy limitations and U.S. tax treatment as contingent payment debt instruments.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable accelerated barrier notes linked to the S&P 500® Futures Excess Return Index, maturing on February 10, 2033. The notes may be automatically called as early as February 18, 2027 if the index on the February 12, 2027 review date is at or above the initial level.

If not called, investors receive 2.00 times any positive index return at maturity, with full principal repayment only if the final index level is at least 70% of the initial level. Below this barrier, losses are one-for-one with the index and can reach 100% of principal. The call premium will be at least $190.50 per $1,000 note, and an example estimated value is $974.70 per $1,000, reflecting selling costs and hedging.

JPMorgan Chase Financial Company LLC is offering market-linked, auto-callable notes due February 16, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each $1,000 security pays a contingent monthly coupon at a rate set on the pricing date, at least 13.80% per annum, but only if the stock closing price of the lowest performing of Constellation Energy, Zoetis and Sherwin-Williams is at or above 60% of its starting price on the relevant calculation day. Missed coupons can be recovered later through a memory feature if this condition is met on a subsequent calculation day.

The notes are auto-callable monthly from August 2026 to January 2029 if the lowest performing stock is at or above its starting price, in which case investors receive principal plus the applicable coupon and any unpaid coupons. If not called, at maturity investors receive $1,000 per security only if the lowest performing stock’s final price is at or above 60% of its starting price; otherwise repayment is reduced one-for-one with that stock’s loss, with losses greater than 40% and up to total principal possible. Investors do not receive dividends on the stocks and do not participate in any stock appreciation. The price to public is $1,000.00 per security, with $23.25 in fees and commissions and $976.75 in proceeds to the issuer; the indicative estimated value is about $921.30 per security. The securities are unsecured, subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., and are designed to be held to maturity with no exchange listing.

JPMorgan Chase & Co. is offering unsecured Callable Fixed Rate Notes due February 4, 2036. The notes pay fixed interest at 5.00% per annum, with interest paid annually on February 4, beginning in 2027, using a 30/360 day count convention.

JPMorgan may redeem the notes early, in whole but not in part, on February 4 and August 4 each year from 2031 through 2035 at par plus accrued interest. In a resolution scenario under U.S. bank resolution rules, losses would be borne first by equity and then by unsecured creditors, including holders of these notes, who rank behind creditors of JPMorgan’s subsidiaries.

JPMorgan Chase Financial Company LLC is offering auto callable accelerated barrier notes linked to the Class A common stock of Datadog, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a scheduled maturity on February 8, 2029, with a potential automatic call on February 11, 2027.

Each note has a $1,000 denomination. If Datadog’s share price on the review date is at or above the Call Value (100% of the initial price), the notes are automatically called and pay back principal plus a Call Premium Amount of at least $310 per $1,000. If not called and Datadog’s final share price on the observation date is above the initial price, investors receive an uncapped upside equal to 1.50 times the stock’s positive return.

If the notes are not called and the final share price is at or above a Barrier Amount set at 60% of the initial price, investors receive only their principal back. If the final price is below the barrier, repayment is reduced one-for-one with the stock loss, so investors can lose more than 40% and up to all principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both issuers, and are not bank deposits or FDIC insured. A sample estimated value, if priced on the date shown, is $981.20 per $1,000, and the final estimated value will not be less than $900 per $1,000, reflecting structuring and hedging costs.

JPMorgan Chase & Co. is offering callable zero coupon notes maturing on February 13, 2051. Each note has a $1,000 principal amount, is sold at an original issue price of $225.356, and pays no periodic interest. Instead, value builds through accretion at a 6.05% annual yield, compounded semiannually, with investors receiving 100% of the outstanding principal at maturity if the notes have not been called.

The notes are callable at JPMorgan’s option on February 13 and August 13 each year from February 13, 2028 through August 13, 2050, at the accreted principal amounts listed in the accretion schedule. Selling commissions are embedded in the price to the public, and the notes are unsecured obligations ranking behind creditors of JPMorgan’s subsidiaries in a resolution scenario.

JPMorgan Chase Financial Company LLC is offering unsecured Digital Equity Notes due July 30, 2027, linked to the MSCI EAFE® Index and fully guaranteed by JPMorgan Chase & Co. The notes do not pay interest and will not be listed on any exchange.

At maturity, for each $1,000 note, investors receive a cash payment based on index performance from the trade date to July 28, 2027. If the final index level is at least 90% of the initial level, the payout is a fixed threshold settlement amount, expected between $1,108.70 and $1,127.80, implying a capped gain. If the index falls more than 10%, losses are leveraged: for each 1% decline beyond the 10% buffer, the loss is about 1.1111%, and investors can lose their entire principal.

The original issue price is 100% of principal, with no underwriting commission; the estimated value is expected between $975.80 and $985.80 per $1,000, reflecting structuring and hedging costs. Key risks include full credit exposure to JPMorgan Chase Financial and JPMorgan Chase & Co., lack of liquidity, complex and uncertain U.S. tax treatment, currency and foreign equity risk from the MSCI EAFE® components, and potential conflicts of interest because affiliated entities structure, hedge, value and make markets in the notes.

JPMorgan Financial, guaranteed by JPMorgan Chase & Co., is offering auto callable dual directional contingent buffered return enhanced notes linked to the S&P 500® Index, with a $1,000 principal amount per note.

The notes can be automatically called on February 11, 2027 if the Index closes at or above the strike level, paying $1,000 plus a call premium of at least 9.35%. If not called and the Index ends above the strike on the January 31, 2028 valuation date, investors receive leveraged upside with an Upside Leverage Factor of at least 1.50. If the Index finishes up to 20% below the strike, the notes provide a positive return equal to the absolute Index move, capped at $1,200 per $1,000 note. If the Index falls by more than 20%, principal is reduced 1% for each additional 1% decline, potentially to zero.

The issuer estimates the current value at about $980.50 per $1,000 note and states the final estimated value will not be less than $970.00, below the $1,000 price because of selling commissions, hedging costs and structuring margin. The notes are unsecured obligations, not bank deposits and are not insured by the FDIC.