Leopold Robin 4

What Happened

• Leopold Robin, Head of Human Resources at JPMorgan Chase & Co. (JPM), received an award of 8,565 restricted stock units (RSUs) reported on Form 4 for the 2026-01-20 grant date. The grant price is $0.00 (derivative award); no cash was exchanged. Each RSU represents a contingent right to one share of JPMC common stock.

Key Details

• Transaction date: 2026-01-20 (Form 4 filed 2026-01-22; filed within the standard two-business-day window).
• Transaction type/code: Award/Grant (A); derivative RSUs, not an open-market purchase or sale.
• Quantity and price: 8,565 RSUs @ $0.00.
• Vesting: 50% vest on January 13, 2028 and 50% vest on January 13, 2029.
• Ownership after transaction: Not specified in the Form 4.
• Notable provisions: RSUs equal one share upon settlement; awards are subject to JPMorgan Chase’s Bonus Recoupment Policy and additional recapture/Protection-Based Vesting provisions described in the filing.

Context

• RSUs are a form of deferred equity compensation that convert to actual shares only upon vesting (and may be subject to forfeiture or recovery in specified circumstances). This award represents part of Mr. Robin’s equity-based incentive pay for performance year 2025 (RSUs are 50% of that equity award; the other 50% was granted as Performance Share Units). Grants like this are routine compensation actions and do not indicate an immediate purchase or sale of stock.