Form 4: JPMorgan Chase CEO CCB Marianne Lake Reports Stock Transactions
SEC Form 4 Filing
Marianne Lake, CEO of CCB at JPMorgan Chase, reports the vesting and disposal of restricted stock units and subsequent stock ownership.
Summary
- Marianne Lake, CEO CCB of JPMorgan Chase & Co, reported transactions involving JPMorgan Chase common stock on January 13, 2025.
- These transactions involved the vesting of 17,898 and 15,426 restricted stock units, which converted into common stock.
- Following the vesting, 16,393 shares were disposed of at a price of $241.77.
- After these transactions, Lake directly owns 95,594 shares of common stock.
- Lake also indirectly owns 19,628 shares through a family trust and 122,740 shares through GRATs.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting standard executive compensation practices; it doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/13/2025 | Date of earliest transaction: Vesting of restricted stock units and stock disposal. |
| 01/15/2025 | Date of report filing. |
| 01/13/2024 | 50% vesting date of 15,426 restricted stock units. |
| 01/13/2025 | 50% vesting date of 15,426 restricted stock units. |
| 01/13/2025 | 50% vesting date of 17,898 restricted stock units. |
| 01/13/2026 | 50% vesting date of 17,898 restricted stock units. |
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