Form 4: Virginia Rometty Acquires JPMorgan Chase Stock as Director
SEC Form 4 Filing
Director Virginia Rometty acquired JPMorgan Chase & Co. common stock on March 29, 2024, as part of a deferred retainer.
Summary
- Virginia M Rometty, a director of JPMorgan Chase & Co., acquired common stock on March 29, 2024.
- The transaction involved the acquisition of JPMorgan Chase & Co. common stock at a price of $199.7004 per share.
- Rometty acquired the stock as a deferral of a quarterly retainer, payable in common stock following termination of service as director.
- Following the transaction, Rometty directly owns 11,262.9702 shares of JPMorgan Chase & Co. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction by a director, indicating alignment with the company but not necessarily a strong bullish signal.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating 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 insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Acquisition of JPMorgan Chase & Co. common stock. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.