Form 4: JPMorgan Chase Co-CEO Douglas Petno Sells Shares
SEC Form 4 Filing
Douglas Petno, Co-CEO of CIB at JPMorgan Chase & Co, sold 3,490 shares of common stock on February 18, 2025.
Summary
- Douglas Petno, Co-CEO of CIB at JPMorgan Chase & Co, reported a transaction involving the company's common stock.
- On February 18, 2025, Petno sold 3,490 shares at a price of $278.4086 per share.
- Following the transaction, Petno directly owns 335,445 shares of JPMorgan Chase & Co.
- Petno also indirectly owns 35,538 shares through family trusts and 50,488 shares through GRATs.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their perception of the insider's motives.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock sale transaction |
| 02/19/2025 | Date of signature on the report |
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