HOBSON MELLODY L 4
Research Summary
AI-generated summary
JPMorgan Director Mellody Hobson Receives Award of 153 Shares
What Happened Mellody Hobson, a director of JPMorgan Chase & Co. (JPM), was credited with 152.978 shares (recorded at $294.16 per share) valued at $45,000 under an award/acquisition reported on 2026-03-31. This transaction is an award (code A) representing a deferral of her quarterly director retainer rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; filing date (Form 4): 2026-04-01.
- Shares acquired: 152.978 at $294.16 per share; total value reported: $45,000.
- Transaction type: Award/Acquisition (code A) — deferral of quarterly retainer.
- Footnote: Deferral of quarterly retainer, payable in common stock following termination of service as director.
- Shares owned after transaction: Not specified in the summary provided.
- Timeliness: Filed the next business day after quarter-end; no late filing indicated.
Context This was a routine director compensation deferral, not a market purchase or sale. Such awards are standard for non-employee directors and do not by themselves indicate a change in personal investing stance.