NOVAKOVIC PHEBE N 4

What Happened

• Phebe N. Novakovic, a director of JPMorgan Chase & Co., was awarded/acquired 135.98 shares on 2026-03-31 (transaction code A) at an attributed price of $294.16 per share, totaling approximately $40,000. This was an award/acquisition tied to director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-31
• Price per share: $294.16; Shares acquired: 135.98; Total value: ~$40,000
• Shares owned after the transaction: Not disclosed in the Form 4
• Footnote: F1 — Deferral of quarterly retainer, payable in common stock following termination of service as director
• Filing date: 2026-04-01 (filed promptly; not reported late)

Context

• This was a compensation-related award (deferred retainer) rather than a market purchase or sale, so it generally reflects routine director pay rather than an explicit bullish or bearish trading signal. Transaction code A denotes an award/grant.