HOBSON MELLODY L 4

What Happened

• Mellody L. Hobson, a director of JPMorgan Chase & Co. (JPM), was reported as having been granted/credited with 913.525 shares (transaction code A) on 2026-01-20. The filing lists a per-share value of $306.50, for an aggregate reported value of roughly $280,000.
• This transaction is an award/deferral of an annual stock grant (not an open-market purchase). The footnote states the grant was deferred and will be payable in JPM shares upon termination of her service as a director.

Key Details

• Transaction date: 2026-01-20; reported on Form 4 filed 2026-01-22 (timely filing).
• Price used for valuation: $306.50 per share; total reported value ≈ $280,000.
• Shares acquired: 913.525 (award/deferral, code A).
• Shares owned after transaction: not disclosed in the details provided.
• Footnote: Deferral of annual stock grant, payable in JPM shares upon termination of service as a director.
• No indication of a 10b5-1 plan, sale, tax withholding, or cashless exercise in the provided filing.

Context

• This is a compensation-related award (common for non-employee directors) and should not be read as a market purchase or sale signal. Deferred awards typically vest or are delivered later and do not necessarily reflect immediate buying or selling intent.