DIMON JAMES 4

What Happened

• Jamie (James) Dimon, Chairman & CEO of JPMorgan Chase & Co., was credited with 320,473.213 performance share units (PSUs) on 2026-03-17. The award is a derivative grant (price $0.00) — not an open-market purchase or sale — and represents a contingent right to receive one share per PSU upon vesting. The Board’s Compensation & Management Development Committee certified that the maximum PSUs were earned for the three-year performance period ended Dec 31, 2025.

Key Details

• Transaction date: 2026-03-17; Form 4 filed: 2026-03-19 (appears timely).
• Amount: 320,473.213 PSUs; reported acquisition price: $0.00 (derivative award).
• Vesting/settlement: PSUs are expected to vest and settle in shares on March 25, 2026; settlement will be reported in a later Form 4.
• Origin: PSUs relate to an award granted Jan 17, 2023 (previously disclosed in a Form 8‑K on Jan 19, 2023).
• Holding restriction: Shares delivered after tax withholding must be held for an additional two years, for a total five-year combined vesting + holding period from the Jan 17, 2023 grant date.
• Shares owned after transaction: not specified in the provided Form 4.

Context

• PSUs are performance-based awards that convert to common shares only if pre-established performance goals are met; they are not immediate cash or market trades. Because these were earned for the 2023–2025 performance period and certified at the maximum level, they reflect payout under the company’s long-term incentive plan rather than an insider buying or selling in the market.