Beer Lori A 4

What Happened Lori A. Beer, Chief Information Officer of JPMorgan Chase & Co. (JPM), sold 2,047 shares in an open-market disposition on February 17, 2026. The shares were sold at $306.40 per share, for gross proceeds of approximately $627,207. This transaction is a sale (disposition) rather than a purchase—sales are often routine and do not necessarily signal a change in personal outlook on the company.

Key Details

• Transaction date and price: 2026-02-17 — 2,047 shares sold at $306.40 each.
• Total proceeds: ~ $627,207 (gross).
• Transaction type: Open-market sale (Form 4 code S).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes/plan indicators: None reported (no 10b5-1 plan, tax withholding, or special notations shown).
• Filing timeliness: Report lists the same transaction and report date (2026-02-17), indicating the Form 4 was filed contemporaneously.

Context This was a straight sale of existing shares, not an option exercise, award, or gift. For retail investors, purchases are typically more informative about insider conviction; sales can be routine portfolio or tax-related moves. Because no special plan or reason was disclosed and the filing appears timely, the record is simply a routine insider sale reported to the SEC.