Form 4: JPMorgan Chase Co-CEO Troy Rohrbaugh Reports Share Disposals
SEC Form 4 Filing
JPMorgan Chase Co-CEO Troy Rohrbaugh reported the disposal of 12,362 common stock shares on November 15, 2024.
Summary
- Troy Rohrbaugh, Co-CEO of CIB at JPMorgan Chase & Co, reported a transaction involving the disposal of 12,362 shares of common stock on November 15, 2024.
- The shares were disposed of at a price of $0.00, indicating a possible grant or transfer.
- Following the transaction, Mr. Rohrbaugh directly owns 175,780.926 shares of common stock.
- He also indirectly owns an unspecified amount of common stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction, with no inherent positive or negative sentiment.
Industry Context
This is a routine SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of key personnel.
Comparison to Industry Standards
- SEC Form 4 filings are standard practice for publicly traded companies in the United States.
- The reporting of insider transactions is a common requirement to ensure transparency and prevent insider trading.
- Similar filings are made by executives at other major financial institutions like Goldman Sachs (GS) and Morgan Stanley (MS).
Stakeholder Impact
- This transaction provides transparency to shareholders regarding insider trading activity.
- The disposal of shares by a high-ranking executive may be of interest to investors, but the $0.00 price suggests a grant or transfer rather than a market sale.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date of the reported transaction where 12,362 shares of common stock were disposed of. |
Keywords
JPMorgan Chase, JPM, Troy Rohrbaugh, SEC Form 4, insider trading, share disposal, equity securities, beneficial ownership, Co-CEO CIB
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