Price / Share
$298.36
Shares
6,648
Type
Sale
Security
Common Stock
AI Analysis
JPMorgan Chase & Co. saw a cluster of sizable insider sales on May 15, led by Mary E. Erdoes, CEO of Asset & Wealth Management, who sold 6,648 shares at $298.36 per share for about $1.98 million. The same day, other senior leaders also sold stock, including Marianne Lake (CEO of Consumer & Community Banking) with a $1.92 million sale, Douglas B. Petno with a $1.70 million sale, and Lori A. Beer with roughly $950,000 sold.
This trade matters because Erdoes runs one of JPMorgan’s major business lines, overseeing wealth management and related client assets, so her transactions tend to draw attention from investors tracking executive behavior. Insider sales can happen for many reasons—such as taxes, diversification, or pre-set trading plans—so a single sale is often less informative than patterns across multiple executives.
The notable feature here is the concentration: multiple top executives executed substantial sales on the same date, and this follows additional insider selling activity in April and early May. While insider selling is common at large companies, repeated, coordinated-looking sales across leadership can signal that executives are actively reducing exposure, making it an event worth monitoring alongside future filings and company updates.
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Insider
Erdoes Mary E.
Title
CEO Asset & Wealth Management
Filed with SEC
May 15, 2026, 12:00 AM
Notified
May 15, 2026, 10:36 PM
Accession #
0001225208-26-005411