Form 4: JPMorgan Director Burke Acquires Stock
Statement of Changes in Beneficial Ownership
JPMorgan Chase & Co. director Stephen B. Burke acquired shares of common stock on June 30, 2026, as part of a deferred compensation plan.
Summary
- Stephen B. Burke, a Director at JPMorgan Chase & Co., acquired 171.8449 shares of common stock on June 30, 2026.
- The acquisition was made at a price of $327.33 per share.
- Following this transaction, Mr. Burke beneficially owns 208,303.102 shares of common stock.
- The shares were acquired as a deferral of his quarterly retainer, payable in common stock upon termination of his service as director.
- This transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine transaction related to director compensation rather than a significant strategic event or performance indicator.
Positives
- Director Stephen B. Burke has acquired additional shares, indicating continued investment and alignment with the company's performance.
- The acquisition is part of a deferred compensation plan, suggesting a long-term incentive structure for directors.
Future Outlook
The filing does not contain specific forward-looking statements or guidance regarding future financial performance. It primarily details a past transaction.
Management Comments
- "Deferral of quarterly retainer, payable in common stock following termination of service as director."
Industry Context
StockSavvy.ai notes that insider stock acquisitions by directors, especially when tied to deferred compensation, are common within the financial services industry as a mechanism for aligning executive interests with shareholder value over the long term.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Stephen B. Burke granted a power of attorney to specific individuals to prepare, sign, and file certain reports with the SEC on his behalf, including forms related to JPMC securities transactions and Rule 144 filings. | 05/18/2026 | Facilitates efficient and timely compliance with SEC reporting requirements for insider transactions. |
Stakeholder Impact
- Shareholders: The acquisition by a director can be seen as a positive signal of confidence in the company's future prospects.
- Employees: Indirect impact through the stability and governance of the company's leadership.
- Creditors: No direct impact indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Transaction date for acquisition of common stock by Stephen B. Burke. |
| 07/01/2026 | Date of signature for the filing. |
| 05/18/2026 | Date of execution of the Power of Attorney by Stephen B. Burke. |
Keywords
JPMorgan Chase & Co., JPM, Form 4, Insider Trading, Director, Stock Acquisition, Beneficial Ownership, Deferred Compensation
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