Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., filed a preliminary 424(b)(2) pricing supplement for structured Review Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq‑100 Index, and Russell 2000 Index, due November 10, 2028.

The notes may be automatically called if on a Review Date each index closes at or above its Call Value (100% of its initial level). Minimum Call Premium Amounts per $1,000 are set at 12.750% (first Review Date), 19.125%, 25.500%, 31.875% and 38.250% (final Review Date). If not called, principal is returned at maturity only if each index’s Final Value is at or above its 70% Barrier Amount; otherwise repayment is reduced one‑for‑one with the least performing index, potentially to zero.

The earliest call assessment is November 11, 2026. Denominations are $1,000. The filing discloses an indicative estimated value of approximately $957.10 per $1,000, with a floor of $900.00 per $1,000 when terms are set. Selling commissions will not exceed $29.50 per $1,000. The notes pay no interest or dividends and are subject to the issuer’s and guarantor’s credit risk.

JPMorgan Chase & Co. is offering $3,500,000 of Callable Fixed Rate Notes due October 31, 2040. The notes pay 5.30% per annum, with interest paid annually on October 31, starting in 2026. The issuer may redeem the notes at par plus accrued interest on the last calendar day of January, April, July, and October from January 31, 2028 through July 31, 2040.

The price to the public is $1,000 per note. Selling commissions are $1.857 per $1,000, resulting in $3,493,500 in proceeds to the issuer. The notes use a Following Business Day convention and a 30/360 day count. In a holding-company resolution scenario, claims on these notes rank behind subsidiary creditors, which may affect recoveries.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) for structured “Review Notes” linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called starting on November 16, 2026 if the Index closes at or above the applicable Call Value, paying back $1,000 plus a Call Premium Amount.

Key terms include a Call Premium Rate of at least 13.75%, a Barrier Amount of 60.00% of the Initial Value, and a final Call Value of 60.00% on the last Review Date. The Index embeds a 6.0% per annum daily deduction, which will weigh on performance. If not called and the Final Value is below the barrier at maturity on November 18, 2030, repayment equals $1,000 plus $1,000 × Index Return, so principal losses can be significant.

Minimum denomination is $1,000. Selling commissions will not exceed $50 per $1,000 note. The issuer’s estimated value would be about $886.10 per $1,000 note if priced today and will not be less than $870.00 per $1,000 when set. The notes pay no interest or dividends and carry the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase & Co. is offering $4,000,000 of unsecured, unsubordinated Callable Step‑Up Fixed Rate Notes due October 31, 2035. Interest pays annually and steps from 4.50% per annum (to October 31, 2032) to 6.00% (to October 31, 2034) and then 7.50% (to maturity). The issuer may redeem the notes, in whole, on the last calendar day of April and October from October 31, 2027 through April 30, 2035 at par plus accrued interest.

Notes are offered in $1,000 minimum denominations, priced at $1,000 per note. Per‑note selling commissions are $11.25, with proceeds to the issuer of $988.75 per $1,000; totals are $4,000,000 price to public, $45,000 fees and $3,955,000 proceeds. Interest is calculated on a 30/360 basis; Business Day Convention: Following; Interest Accrual Convention: Unadjusted. Payments are subject to JPMorgan Chase & Co.’s credit risk, and the notes constitute TLAC‑eligible long‑term debt under Federal Reserve rules. The notes are not bank deposits and are not FDIC‑insured.

JPMorgan Chase & Co. plans to issue Callable Fixed to Floating Rate Notes due November 14, 2045. The notes pay a 10.00% per annum fixed rate during the initial interest periods through November 14, 2027. After that, interest each period equals (7.25% − the Benchmark Rate) × 1.25, with a 0.00% minimum. The Benchmark Rate is initially Compounded SOFR, subject to benchmark transition provisions.

The notes are callable at the issuer’s option on the 14th of February, May, August and November, beginning November 14, 2027 and ending August 14, 2045, at par plus accrued interest. Interest is paid quarterly on the same calendar days, starting February 14, 2026, using a 30/360 day count. Observation periods and determination dates follow U.S. Government Securities Business Days conventions.

Key considerations include benchmark transition mechanics (with potential replacement rates selected per defined procedures), calculation agent discretion by an affiliate, and the possibility that floating periods pay 0% if the Benchmark Rate is sufficiently high. The notes are unsecured obligations of JPMorgan Chase & Co., not bank deposits and not FDIC insured. U.S. tax treatment is expected to follow contingent payment debt instrument rules, with OID accrual at a comparable yield.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Callable Fixed Rate Notes due November 10, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a fixed 4.10% per annum, using a 30/360 day count, with interest paid in arrears on November 10 each year, beginning November 10, 2026 through maturity. The issuer may redeem the notes, in whole but not in part, on the 10th day of February, May, August and November from May 10, 2026 to August 10, 2028, at par plus accrued and unpaid interest, with at least five business days’ notice to DTC.

The preliminary per‑note price to the public is expected to be between $992.60 and $1,000 per $1,000 principal amount for eligible accounts. Selling commissions would be approximately $17.50 per $1,000 (not to exceed $25.00 per $1,000), and may be reduced or forgone for certain sales.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Callable Contingent Interest Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index, and the SPDR S&P Regional Banking ETF, due November 3, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a contingent rate of at least 7.50% per annum (0.625% monthly) for each Review Date when each underlying closes at or above its 50.00% Interest Barrier. They are callable at the issuer’s option on most Interest Payment Dates starting May 5, 2026. If held to maturity and each Final Value is at or above its 50.00% Trigger Value, investors receive $1,000 plus the final contingent payment; otherwise, the payoff is $1,000 + ($1,000 × Least Performing Underlying Return), which can result in losing more than 50%—up to all—of principal.

Minimum denomination is $1,000. Selling commissions will not exceed $9 per $1,000. If priced today, the estimated value would be approximately $959.40 per $1,000, and when set will not be less than $900.00 per $1,000. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase & Co. is offering $16,500,000 of callable fixed‑rate notes due October 31, 2030 at a 4.10% annual coupon. The notes are unsecured and unsubordinated obligations; all payments are subject to JPMorgan’s credit risk.

Interest is paid in arrears each October 31, beginning in 2026, using a 30/360 day count. JPMorgan may, at its option, redeem the notes in whole (not in part) on the last calendar day of April and October from October 31, 2027 through April 30, 2030, at par plus accrued interest. At maturity, holders receive principal plus accrued interest if the notes have not been called. Minimum denomination is $1,000.

The price to the public is $1,000 per note. Total offering economics: $16,500,000 price to public, $104,750 in fees and commissions, and $16,395,250 in proceeds to the issuer. The notes are expected to be held to maturity and will not be listed, which may limit liquidity. As TLAC-eligible instruments, holders could absorb losses in a resolution scenario under U.S. rules.

JPMorgan Chase & Co. filed a preliminary 424B2 for Callable Fixed Rate Notes due November 14, 2045. The notes pay fixed interest at 5.50% per annum, with interest paid annually on November 14, beginning November 14, 2026. The issuer may call the notes, in whole, on the 14th of May and November each year from November 14, 2027 through May 14, 2045, at par plus accrued interest.

Key terms include a Following business day convention, 30/360 day count, and unadjusted interest accrual convention. For certain institutional or fee-based accounts, the price per $1,000 principal amount will not be lower than $950.10 or greater than $1,000. If priced today, selling commissions would be approximately $5.50 per $1,000, and will not exceed $47.50 per $1,000.

As senior unsecured obligations of JPMorgan Chase & Co., recoveries in a resolution could be affected by single point of entry strategies, placing noteholders behind subsidiary creditors. Special tax counsel opines the notes will be treated as fixed‑rate debt instruments.