Form 4: JPMorgan Chase Corporate Controller Elena Korablina Reports Sale of Common Stock

Elena Korablina, Corporate Controller of JPMorgan Chase & Co., reported the sale of 21,829 shares of common stock at a price of $190.9093 per share on May 6, 2024.

Summary

• On May 6, 2024, Elena A. Korablina, Corporate Controller of JPMorgan Chase & Co., sold 21,829 shares of the company's common stock.
• The sale price was $190.9093 per share.
• Following the transaction, Ms. Korablina directly owns 6,484 shares of JPMorgan Chase & Co. common stock.
• The transaction was reported on a Form 4 filing with the SEC.
• Ms. Korablina has a Power of Attorney agreement in place, executed on April 26, 2024, allowing certain individuals to prepare, sign, and file reports with the SEC on her behalf.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a corporate officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of an insider transaction. It is common for corporate officers to buy and sell shares of their company's stock. The filing is required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

• The sale of shares by an insider could be perceived negatively by some shareholders, although it is a common occurrence.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely minimal.

Key Dates