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JPMorgan Chase & Co. CEO Jamie Dimon on Monday completed a planned sale of 1 million shares of the company’s stock.
Mr. Dimon sold the remaining 178,222 shares, worth about $33 million, on Monday, according to a filing with the Securities and Exchange Commission. He sold 821,778 shares worth about $150 million in February.
The bank announced in late October that Dimon and his family would sell 1 million shares in 2024 “for financial diversification and tax savings.” JPMorgan Chase said at the time that this was his “first stock sale during his tenure.”
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After Monday’s trading, Mr. Dimon’s total direct and indirect holdings in JPMorgan stock totaled approximately 7.7 million shares.
JPMorgan Chase CEO Jamie Dimon attends the UK Global Investment Summit held at Hampton Court Palace in London on November 27, 2023. (Chris Ratcliffe/Bloomberg via Getty Images/Getty Images)
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| J.P.M. | JPMorgan Chase & Co. | 182.89 | +0.10 | +0.05% |
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The JPMorgan Chase CEO has now collected about $183 million from the sale.
Dimon’s JPMorgan stock contributes to his $2 billion personal fortune, according to Forbes.
JPMorgan Chase’s Jamie Dimon detailed the “probability” of a recession facing Americans on “Morning with Maria.” (Gina Moon/Bloomberg via Getty Images/Getty Images)
JPMorgan stock has increased 4.6% since the beginning of the year. It’s up nearly 29% in the past 12 months.
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“We continue to be a pillar of strength for our customers, communities and markets around the world, while also serving our shareholders,” Dimon said earlier this month of JPMorgan Chase.
