Form 4: JPMorgan Chase Corporate Controller Elena A. Korablina Reports Stock Transactions
SEC Form 4
Elena A. Korablina, Corporate Controller of JPMorgan Chase & Co, reports the vesting and disposition of restricted stock units and common stock.
Summary
- On January 13, 2025, Elena A. Korablina, Corporate Controller of JPMorgan Chase & Co, reported transactions involving common stock and restricted stock units.
- These transactions included the vesting of 8,729 and 1,932 restricted stock units, which converted into common stock.
- A total of 5,559 shares were disposed of at a price of $241.77.
- Following these transactions, Korablina directly owns 12,328 shares of JPMorgan Chase & Co.
- The reported transactions were executed under Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It simply reflects the execution of pre-existing compensation plans.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key personnel within JPMorgan Chase & Co.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934.
- Similar filings are made by executives at other major financial institutions like Goldman Sachs, Morgan Stanley, and Bank of America.
Key Dates
| Date | Description |
|---|---|
| January 13, 2021 | 1,262 shares of restricted stock units grant of 6,310 shares vest |
| January 13, 2022 | 1,262 shares of restricted stock units grant of 6,310 shares vest; 1,540 shares of restricted stock grant of 7,702 shares vest |
| January 13, 2023 | 1,262 shares of restricted stock units grant of 6,310 shares vest; 1,400 shares of restricted stock units grant of 5,600 shares vest; 1,540 shares of restricted stock grant of 7,702 shares vest |
| January 13, 2024 | 1,262 shares of restricted stock units grant of 6,310 shares vest; 670 shares of restricted stock units grant of 1,340 shares vest; 1,400 shares of restricted stock units grant of 5,600 shares vest; 1,540 shares of restricted stock grant of 7,702 shares vest |
| January 13, 2025 | Date of earliest transaction; Vesting of restricted stock units; 1,262 shares of restricted stock units grant of 6,310 shares vest; 670 shares of restricted stock units grant of 1,340 shares vest; 1,400 shares of restricted stock units grant of 5,600 shares vest; 1,541 shares of restricted stock grant of 7,702 shares vest; 50% of restricted stock units grant of 11,576 shares vest |
| January 13, 2026 | 1,400 shares of restricted stock units grant of 5,600 shares vest; 1,541 shares of restricted stock grant of 7,702 shares vest; 50% of restricted stock units grant of 11,576 shares vest |
| January 15, 2025 | Date of signature for the report |
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