Erdoes Mary E. 4
4 · JPMORGAN CHASE & CO · Filed Mar 20, 2025
Insider Transaction Report
Form 4
Erdoes Mary E.
CEO Asset & Wealth Management
Transactions
- Award
Performance Share Units
2025-03-18+62,888.031→ 62,888.031 total→ Common Stock (62,888.031 underlying) - Other
Preferred Stock, Series HH
2025-02-01$1.00/sh−51,000$51,000→ 0 total
Footnotes (4)
- [F1]Depositary shares, each representing a 1/10th interest in a share of JPMorgan Chase & Co. 4.60% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series HH were called for redemption by the issuer at a price equal to their face value.
- [F2]Each Performance Share Unit (PSU) represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals.
- [F3]Represents PSUs earned (including reinvested dividend equivalents) based on the Firm's attainment of pre-established performance goals for the three-year performance period ended December 31, 2024. The PSUs are expected to vest and settle in shares of common stock on March 25, 2025, which will be reported in a later Form 4 filing. In accordance with the terms of the PSUs, the Board's Compensation & Management Development Committee has certified the Firm's absolute and relative performance against the pre-established performance goals for the performance period and has determined that the maximum amount of the previously granted PSUs has been earned.
- [F4]Shares delivered, after applicable tax withholding, must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant, as provided under the terms of the PSU award granted on January 18, 2022.