Form 4: Todd A. Combs, JPMorgan Chase & Co. Director, Acquires Shares Through Deferred Stock Grant

Director Todd A. Combs acquired 1,011.9262 shares of JPMorgan Chase & Co. common stock on January 21, 2025, through a deferred annual stock grant.

Summary

• On January 21, 2025, Todd A. Combs, a director of JPMorgan Chase & Co., acquired 1,011.9262 shares of common stock.
• The acquisition was a result of a deferred annual stock grant, payable upon termination of service as a director.
• The price per share was $261.8768.
• Following the transaction, Combs directly owns 32,758.9598 shares of JPMorgan Chase & Co. common stock.
• A power of attorney was executed on April 16, 2024, granting certain individuals the authority to prepare and file reports with the SEC on behalf of Todd A. Combs.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of an insider transaction. The acquisition of shares by a director is generally viewed positively, but it's not a major event.

Positives

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

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The acquisition of shares by a director is a common occurrence and can be compared to similar filings by directors of other large financial institutions such as Goldman Sachs, Morgan Stanley, and Bank of America.

Key Dates