Form 4: Mary Erdoes Sells $1.98M in JPMorgan Chase Stock
Statement of Changes in Beneficial Ownership
JPMorgan Chase CEO of Asset & Wealth Management Mary Erdoes sold 6,648 shares of company stock on May 15, 2026.
Summary
- Mary E. Erdoes, CEO of Asset & Wealth Management at JPMorgan Chase & Co., sold 6,648 shares of common stock.
- The transaction occurred on May 15, 2026, at an average price of $298.3644 per share.
- The total value of the transaction was approximately $1,983,506.
- Following this sale, Erdoes retains beneficial ownership of 632,399 shares of JPMorgan Chase common stock.
- The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed via a pre-planned 10b5-1 program and represents a small fraction of the executive's total holdings.
Positives
- The transaction was conducted under a pre-planned Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell stock without triggering insider trading concerns.
Negatives
- The sale represents a reduction in the executive's direct equity stake in the company.
Risks
- Executive stock sales can sometimes be perceived negatively by the market as a signal of management's view on the company's valuation.
Future Outlook
No forward-looking guidance or operational outlook was provided in this filing.
Industry Context
StockSavvy.ai notes that executive stock sales at major financial institutions like JPMorgan Chase are common and typically reflect personal financial planning rather than a change in corporate strategy or outlook.
Comparison to Industry Standards
- The use of a Rule 10b5-1 trading plan is the industry standard for C-suite executives to manage equity holdings while maintaining regulatory compliance.
Stakeholder Impact
- Minimal impact expected as the sale was pre-planned and represents a small portion of the executive's total ownership.
Next Steps
- No future actions or milestones were disclosed.
Key Dates
| Date | Description |
|---|---|
| 2026-05-06 | Date the Power of Attorney was executed. |
| 2026-05-15 | Date of the stock sale transaction. |
Keywords
JPMorgan Chase, JPM, Insider Trading, Mary Erdoes, Stock Sale, Form 4
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