MW JPMorgan Chase CEO Jamie Dimon sells $32 million of his company's stock

By Steve Gelsi

The stock sale is part of a previously disclosed 10b5-1(c) trading plan filed with regulators

JPMorgan Chase & Co. Chief Executive Jamie Dimon has sold about $31.5 million of his bank's stock, according to a filing.

Dimon sold 133,39 shares of JPMorgan Chase $(JPM)$ at a price of $235.68 a share on Monday, the filing said.

The sale is part of a previously disclosed 10b5-1(c) trading plan that Dimon filed with regulators in February.

A JPMorgan Chase spokesperson did not comment.

The sale represents a fraction of Dimon's total holdings of JPMorgan stock. The CEO now owns about 6.47 million shares of JPMorgan with a current value of $1.5 billion, based on a share price of $233.92 a share on Tuesday.

The biggest chunk of his stock holdings - about 3.7 million shares - is held in a family trust.

The bank disclosed plans in February for Dimon to sell 1 million shares of JPMorgan under a rule 10b5-1 plan through August 1.

These plans are set up to automatically sell shares when certain conditions are met in order to remove the appearance of an insider trading off of confidential information.

The stock sale came after JPMorgan's stronger-than-expected first-quarter earnings on Friday.

Also read: 'America alone' due to Trump tariffs is a bad thing: JPMorgan CEO Jamie Dimon

-Steve Gelsi

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April 15, 2025 15:19 ET (19:19 GMT)

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