---
schema_version: "secwatch.filing_event.v1"
accession: "0000019617-21-000531"
form_type: "8-K"
ticker: "JPM"
cik: "0000019617"
company_name: "JPMORGAN CHASE & CO"
filed_at: "2021-12-15T23:59:59+00:00"
generated_at: "2026-06-28T01:02:30.630713+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# JPMorgan awards 750,000 SARs to Daniel Pinto upon promotion to sole President and COO

## Summary
- Daniel Pinto awarded 750,000 stock appreciation rights (SARs) with exercise price equal to avg of JPM high/low on Dec 14, 2021.
- SARs vest no earlier than Dec 14, 2026 (5 years), expire 10 years from grant date.
- Net shares from exercise must be held until Dec 14, 2031; subject to clawback and recovery.
- Award tied to Pinto's promotion to sole President & COO effective Jan 1, 2022; intended for retention.

## SEC filing metadata
- accession: 0000019617-21-000531
- form_type: 8-K
- ticker: JPM
- cik: 0000019617
- company_name: JPMORGAN CHASE & CO
- filed_at: 2021-12-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19617/000001961721000531/0000019617-21-000531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19617/000001961721000531/jpm-20211214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000019617-21-000531
- JSON: https://secwatch.observer/filing/0000019617-21-000531.json
- Plain text: https://secwatch.observer/filing/0000019617-21-000531.txt

## Key facts
- Executive change
  Daniel Pinto changed role as President and Chief Operating Officer at JPMORGAN CHASE & CO.
  - Action: promoted
  - Role: President and Chief Operating Officer
  source text: The CMDC made this special award for prospective purposes, with respect to Mr. Pinto’s promotion to the Firm’s sole President and Chief Operating Officer, which will become effective January 1, 2022, and as part of the Board’s retention planning.
  evidence_url: https://www.sec.gov/Archives/edgar/data/19617/000001961721000531/0000019617-21-000531-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.