Form 4: JPMorgan Chase & Co. Reports Change in Beneficial Ownership of Ribbon Communications Inc.

JPMorgan Chase & Co. reports a change in beneficial ownership of Ribbon Communications Inc. shares, involving both acquisition and disposition of common stock through a subsidiary.

Summary

• On April 9, 2025, JPMorgan Chase & Co. engaged in transactions involving Ribbon Communications Inc. common stock.
• The transactions included the acquisition of 14 shares at a price of $3.67 each.
• JPMorgan Chase & Co. also disposed of 14 shares at a price of $0.
• Following these transactions, JPMorgan Chase & Co. indirectly owns 52,036,572 shares of Ribbon Communications Inc. through a subsidiary.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.

Industry Context

This filing reflects changes in ownership by a major financial institution in a communications technology company. Monitoring such filings can provide insights into institutional investor sentiment towards specific companies and the broader communications sector.

Stakeholder Impact

• The change in ownership may be of interest to Ribbon Communications Inc. shareholders.

Key Dates

Keywords

Beneficial Ownership, Ribbon Communications Inc., JPMorgan Chase & Co., Form 4, RBBN, Common Stock, Subsidiary, Acquisition, Disposition