Jamie Dimon made $183 million from selling JPMorgan stock
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Jamie Dimon, CEO of JPMorgan, has sold 1 million JPMorgan shares, earning $183 million in total proceeds. He sold $33 million worth of stock on Monday and had previously sold a $150 million tranche in February. The sales were for diversification and tax planning purposes. This is the first time Dimon has sold JPMorgan shares in 19 years. Dimon still owns about 8.7 million shares after the disposals. He has warned investors about threats to financial markets and the US economy in his yearly letter to shareholders, including rising tensions, inflation, and foreign conflicts.
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https://www.businessinsider.com/jpmorgan-jamie-dimon-stock-sales-billionaires-wall-street-banks-economy-2024-4