Form 4: JPMorgan Chase Director Boler-Davis Receives Deferred Stock Grant
SEC Form 4 Filing
Alicia Boler-Davis, a director at JPMorgan Chase & Co., received a deferred stock grant payable upon termination of service, as disclosed in a recent SEC Form 4 filing.
Summary
- Alicia Boler-Davis, a director of JPMorgan Chase & Co., filed a Form 4 with the SEC.
- The filing reports a transaction on January 21, 2025, where Ms. Boler-Davis acquired 1,011.9262 shares of JPMorgan Chase common stock at a price of $261.8768 per share.
- These shares represent a deferral of an annual stock grant, payable upon termination of her service as a director.
- Following the reported transaction, Ms. Boler-Davis directly owns 2,642.6963 shares and indirectly owns 285 shares through a trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed positively, but it's a deferred grant, so the immediate impact is limited.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
The stock grant is deferred and payable upon termination of service as a director, indicating a long-term alignment of interests.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| April 16, 2024 | Date of Power of Attorney execution. |
| January 21, 2025 | Date of stock grant transaction. |
| January 23, 2025 | Date of signature on the filing. |
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