Form 4: JPMorgan Chase Director Alex Gorsky Reports Acquisition of Common Stock

Director Alex Gorsky reports acquisition of 1,011.9262 shares of JPMorgan Chase & Co. common stock at $261.8768 per share due to deferral of annual stock grant.

Summary

• On January 21, 2025, Alex Gorsky, a director of JPMorgan Chase & Co., acquired 1,011.9262 shares of common stock.
• The acquisition price was $261.8768 per share.
• This transaction resulted in Mr. Gorsky directly owning 6,251.3491 shares of JPMorgan Chase & Co.
• The acquisition is due to the deferral of an annual stock grant, payable upon termination of service as a director.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing a stock transaction. The acquisition by a director is a mildly positive signal, but it's part of a deferred compensation plan.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the financial industry. It provides transparency to the market regarding the actions of company executives and directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates