DIMON JAMES 4

4 · JPMORGAN CHASE & CO · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

JPMorgan CEO Jamie Dimon Exercises PSUs, Sells Shares for Taxes

What Happened

Jamie Dimon, Chairman & CEO of JPMorgan Chase & Co., had 320,473.213 performance share units (PSUs) convert to common stock on March 25, 2026.
Of those, 177,222.213 shares were surrendered/withheld at $295.04 per share to cover tax liabilities, generating $52,287,642 in proceeds. The net shares delivered to Dimon were 143,251.000 shares (320,473.213 acquired minus 177,222.213 withheld). This was not an open-market sale for investment purposes but a tax-withholding event following PSU settlement.

Key Details

Transaction dates/prices: PSUs settled on 2026-03-25; tax-withheld shares disposed at $295.04 per share (total ~$52.29M).
Codes: M = exercise/conversion of derivative (PSU settlement); F = payment of exercise price/tax liability (shares withheld).
Shares after transaction: Filing does not state a total "owned after" number; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest (see footnote). Net shares delivered from this settlement: 143,251.000.
Footnotes: PSUs were granted 1/17/2023 for the three‑year performance period ending 12/31/2025 and settled 3/25/2026. Shares delivered after withholding must be held for an additional two years (total 5-year combined vesting + holding period). PSUs include reinvested dividend equivalents and represent contingent rights to receive one share per PSU upon vesting.
Filing timeliness: Report filed 2026-03-27 for the 2026-03-25 transaction; filing appears timely.

Context

This was a PSU settlement with tax withholding, not an intent-to-sell investment move. For derivative/PSU transactions, it’s common for companies to withhold shares to satisfy tax obligations. The remaining shares are subject to the award’s holding requirement.

Form 4

Period: 2026-03-25

DirectorChairman & CEO

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-03-25+320,473.213→ 1,988,335.213 total
Tax Payment
Common Stock
2026-03-25$295.04/sh−177,222.213$52,287,642→ 1,811,113 total
Exercise/Conversion
Performance Share Units
[F2][F4]
2026-03-25−320,473.213→ 0 total
→ Common Stock (320,473.213 underlying)

Holdings

Footnotes (4)

[F1]These shares represent JPM common stock acquired on March 25, 2026 upon settlement of a Performance Share Unit (PSU) award granted on January 17, 2023 for the three-year performance period ended December 31, 2025 (as previously disclosed on a Form 4 filed on March 19, 2026), and must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant, as provided under the terms of the PSU award.
[F2]Each PSU represents a contingent right to receive one share of JPM common stock upon vesting based on the attainment of performance goals.
[F3]Reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest.
[F4]Represents PSUs earned (including reinvested dividend equivalents) based on the Firm's attainment of pre-established performance goals for the three-year performance period ended December 31, 2025, as provided under the terms of a PSU award granted on January 17, 2023, and as previously reported on a Form 4 filed on March 19, 2026. The PSUs settled in shares of common stock on March 25, 2026. Shares delivered, after applicable tax withholding, must be held for an additional two-year period, for a total combined vesting and holding period of five years from the date of grant.

Signature

/s/ Holly Youngwood under POA|2026-03-27

1 file