Form 4: JPMorgan Chase Executive Marianne Lake Reports Stock Transactions

Marianne Lake, CEO of CCB at JPMorgan Chase, reports transactions involving common stock, including transfers related to trusts and GRATs.

Summary

• Marianne Lake, CEO of CCB at JPMorgan Chase & Co, filed a Form 4 detailing changes in beneficial ownership of the company's common stock.
• On May 16, 2025, Lake disposed of 12,274 shares at a price of $267.0757 per share.
• The filing also reflects previous transfers of shares related to a Grantor Retained Annuity Trust (GRAT) and a Family Trust.
• Specifically, 80,000 shares were transferred from the Grantor for funding of a GRAT on April 23, 2025.
• Additionally, 18,731 shares were transferred from a GRAT to a Family Trust on May 9, 2025, and 14,290 shares were transferred from a GRAT to the Grantor on May 12, 2025.
• Following the reported transactions, Lake directly owns 63,404 shares, and indirectly owns 53,424 shares through a Family Trust and 124,943 shares through GRATs.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking to understand management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The transactions reported are typical for executives managing their personal investment portfolios and estate planning.
• Comparable companies such as Goldman Sachs, Morgan Stanley, and Bank of America also have executives who regularly file Form 4s to report similar transactions.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders, as they provide insight into executive stock ownership.
• The transactions are not expected to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, JPMorgan Chase, Marianne Lake, Beneficial Ownership, Stock Transactions, Grat, Family Trust, CCB