Rometty Virginia M 4
Research Summary
AI-generated summary
JPM Director Virginia Rometty Receives Stock Award Worth $280K
What Happened
Virginia M. Rometty, a director of JPMorgan Chase & Co. (JPM), was credited with an award (code A) of 913.525 shares at an effective price of $306.50 per share, representing $280,000, on 2026-01-20. The filing indicates this is a deferred portion of her annual stock grant rather than an open-market purchase.
Key Details
- Transaction date: 2026-01-20; Form 4 filed: 2026-01-22 (timely filing).
- Shares/price/value: 913.525 shares @ $306.50 = $280,000.
- Transaction type: Award/Grant (code A).
- Footnote F1: This grant is a deferral of the annual stock award and is payable in JPM shares upon termination of service as a director.
- Shares owned after the transaction: not specified in this Form 4.
Context
Director awards and deferred compensation are routine for boards and do not necessarily signal a buy or sell opinion by the insider. Because this grant is deferred and payable upon termination, it mainly reflects director compensation mechanics rather than immediate stock market activity.