Lake Marianne 4

What Happened

• Lake Marianne, listed as CEO CCB at JPMorgan Chase & Co. (JPM), sold 6,427 shares in an open-market sale on May 15, 2026. The shares were sold at $298.36 each for a total of $1,917,531. This was a sale (S), which is often a routine liquidity event rather than a direct buy signal.

Key Details

• Transaction date and price: 2026-05-15, 6,427 shares sold at $298.36 each.
• Total value: $1,917,531 (approx. $1.92M).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: The filing notes transfers on May 14–15, 2026 of 30,148, 7,155, and 10,740 shares from Grantor Retained Annuity Trusts (GRATs) to the grantor and a family trust; those transfers are exempt from Section 16(b) under Rule 16a-13.
• Filing timeliness: Report filed dated and period of report 2026-05-15 (same-day filing).

Context

• Sales by executives can be for many reasons (diversification, taxes, estate planning); they do not necessarily indicate a change in view about the company. The additional GRAT-to-grantor/family trust transfers noted in the footnote are estate/ownership-structure actions and are treated as exempt under the indicated SEC rule.