JPMorgan Chase Bank, N.A. 4

What Happened JPMorgan Chase Bank, N.A., reported as a 10% owner, is shown as having disposed of 252 shares of MFS Investment Grade Municipal Trust (CXH) on 2026-06-08. The filing lists the transaction as code "J" (other acquisition or disposition) with price and total value reported as N/A. A footnote clarifies this was a cashless exchange of 252 remarketable variable rate munifund term preferred shares (RVMTP Shares) of CXH into an equal number of RVMTP Shares of the reorganized fund, MFS Municipal Income Trust (MFM), in connection with the issuer reorganization — i.e., not a market sale for cash.

Key Details

• Transaction date: 2026-06-08; Form 4 filed 2026-06-09.
• Transaction type/code: Other acquisition/disposition (J); reported as a disposition of 252 shares.
• Price/Value: Not reported (N/A); described as a cashless exchange.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The 252 RVMTP shares were indirectly beneficially owned by JPMorgan and exchanged into the successor fund (MFM) as part of the reorganization.
• Timeliness: Filing was submitted the day after the transaction (no late filing indicated in the document).

Context This filing reflects an institutional reorganization exchange by a 10% owner, not an individual insider executing a buy or sale for cash. Because it was a cashless exchange tied to a corporate reorganization, it does not necessarily signal a change in JPMorgan’s economic interest or market sentiment toward the securities of the successor fund; no cash proceeds or per-share price are disclosed.