Jamie Dimon cashes out more JPMorgan stock, bringing his total share sales this year to $183 million
==========

Jamie Dimon, Chairman and CEO of JPMorgan Chase, has sold $32.8 million in the bank's stock, bringing his total share sales this year to nearly $183 million. This is the second time Dimon has sold JPMorgan stock since becoming CEO in 2005. In February, he sold over 800,000 shares worth $150 million. Dimon and his family planned to sell 1 million shares of JPMorgan for financial diversification and tax planning purposes. As of last year, Dimon held 8.6 million shares of JPMorgan stock. The share price was $182.89 at the time of the article. Another high-profile executive at JPMorgan, global chief information officer Lori Beer, also sold stock recently. In an earnings announcement, JPMorgan reported first-quarter profits of $13.4 billion. Dimon mentioned that the company's capital is abundant, leading to an increase in the dividend.

#JamieDimon #JpmorganChase #StockSales

https://fortune.com/2024/04/15/jamie-dimon-cashes-out-jpmorgan-stock-million/