Barnum Jeremy 4

What Happened

• Jeremy Barnum, Chief Financial Officer of JPMorgan Chase & Co., was granted 38,629.156 Performance Share Units (PSUs) on March 17, 2026. The award is recorded as a derivative grant at $0.00 (no cash paid). The PSUs represent contingent rights to receive common stock if pre-established performance goals were met.

Key Details

• Transaction date: March 17, 2026; filing date: March 19, 2026 (filed within the standard 2-business-day window).
• Award size: 38,629.156 PSUs; reported as acquired at $0.00 (derivative award).
• Vesting/settlement: PSUs were earned for the three-year performance period ended Dec 31, 2025 and are expected to vest and settle in shares on March 25, 2026; settlement will be reported in a later Form 4.
• Post-vesting holding: Shares delivered after applicable tax withholding must be held for an additional two years, yielding a total five-year combined vesting + holding period measured from the Jan 17, 2023 grant date.
• Footnotes: The Compensation & Management Development Committee certified that the maximum amount of the previously granted PSUs was earned for the performance period.
• Shares owned after the transaction: Not specified in the summary provided.

Context

• These were performance-based long-term incentive awards (PSUs), not open-market purchases or sales. Such grants compensate executives based on company performance and include multi-year vesting/holding requirements; they do not by themselves indicate a buy or sell signal. The award will convert to actual shares only if/when vested and settled (expected March 25, 2026), at which point any resulting change in share ownership will be reported.