Form 4: JPMorgan Chase Director Mellody Hobson Acquires Shares Through Deferred Compensation

Director Mellody Hobson acquired JPMorgan Chase & Co. common stock through a deferral of quarterly retainer payable in common stock.

Summary

• On March 31, 2025, Mellody Hobson, a director of JPMorgan Chase & Co., acquired 183.4488 shares of common stock at a price of $245.3 per share.
• The acquisition was a result of a deferral of quarterly retainer, payable in common stock following termination of service as a director.
• Following the transaction, Hobson directly owns 27,738.7088 shares of JPMorgan Chase & Co. common stock and indirectly owns 124,155 shares through The GWL Living Trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transaction is part of a pre-determined compensation plan and doesn't necessarily indicate a change in the director's outlook on the company.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director's ownership.

Key Dates

Keywords

JPMorgan Chase & Co, Mellody Hobson, Director, Common Stock, Acquisition, Deferral, Retainer, Beneficial Ownership, Form 4