Form 4: Virginia Rometty Acquires JPMorgan Chase Stock Through Deferred Compensation

Director Virginia Rometty acquired JPMorgan Chase & Co. stock on September 30, 2024, through a deferral of quarterly retainer payable in common stock.

Summary

• Virginia Rometty, a director of JPMorgan Chase & Co., acquired 177.8431 shares of common stock on September 30, 2024.
• The acquisition was a result of a deferral of her quarterly retainer, which will be paid in common stock following the termination of her service as a director.
• The price per share was $210.86.
• Following the transaction, Rometty beneficially owns 11,740.8315 shares of JPMorgan Chase & Co. common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation.

Positives

• The acquisition reflects Rometty's continued investment in JPMorgan Chase & Co.

Future Outlook

The shares are to be paid out following termination of service as director.

Industry Context

Directors often receive stock as part of their compensation, aligning their interests with those of shareholders. This Form 4 filing is a routine disclosure of such transactions.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates