Insider trade

JPMorgan Chase's General Counsel sold about $1.64M of company shares

Traded May 20, 2026 · Filed May 20, 2026

JPMorgan ChaseJPM

~$1.64M
Reported value · 5,468 sh @ $300.2662: 46K
Holds after · shares reported: +10.3%
stock since the trade · S&P 500 +3.1%, $301.98 → $333.18 on Oct 1

Why it stands out

JPMorgan Chase's General Counsel sold $1.64M of JPMorgan Chase shares. Nobody planned it ahead of time.

No pre-arranged plan is mentioned in the filing
Sold 11% of their holdings
8 insiders at JPMorgan Chase sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 20, 2026
Reporting period: Not applicable
Filed with the SEC: May 20, 2026

Officer$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,641,856

Shares × reported transaction price

Timing vs results

36 days after results of Apr 14, 2026, 55 days before results of Jul 14, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $301.98 on May 20, 2026, 16% above its 52-week low and 10% below its high, after a 2% drop over the previous 30 trading days

52-week range $260.67 (May 22, 2025) to $334.61 (Jan 6, 2026), 56% of the way up, from 251 adjusted closes. 30 trading days earlier: $307.97 on Apr 8, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 244 workers was filed in Texas on June 23, 2026.

From the official state WARN list, 34 days after the trade; 1 more notice by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.1%	+1.6%	-3.7%
30 days	+9.4%	+0.2%	+9.2%
90 days	+17.9%	+3.5%	+14.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001225208-26-005514
Filed / recorded: May 20, 2026, 8:54 PM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: JPMORGAN CHASE & CO
Issuer CIK: 19617
Ticker: JPM
Reporting person: Stacey Friedman
Relationship: Officer
Officer title: General Counsel
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 20, 2026
Transaction code: S
Shares / units: 5,468
Price per share: $300.2662
Acquired / disposed: Disposed (D)
Shares owned after: 46,428
Ownership form: Direct
Amendment: No

Footnotes from the filing

Balances reflect a) 9,204 shares transferred from a Grantor Retained Annuity Trust ("GRAT") to the Grantor on May 8, 2026; b) 7,517 shares transferred from a GRAT to the Grantor on May 8, 2026; c) 2,592 shares transferred from a GRAT to a Family Trust on May 11, 2026; d) 17,553 shares transferred from a GRAT to the Grantor on May 14, 2026; and e) 54,385 shares transferred from the Grantor to fund a GRAT on May 15, 2026. These transactions are exempt from Section 16(b) pursuant to Rule 16a-13.