---
schema_version: "secwatch.filing_event.v1"
accession: "0000019617-21-000534"
form_type: "8-K"
ticker: "JPM"
cik: "0000019617"
company_name: "JPMORGAN CHASE & CO"
filed_at: "2021-12-15T23:59:59+00:00"
generated_at: "2026-06-28T01:02:34.889877+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Daniel Pinto receives 750,000 stock appreciation rights (SARs) for prospective retention and promotion.
- SARs vest no earlier than December 14, 2026, with 10-year term; net shares must be held until December 14, 2031.
- Exercise price equals average of high/low JPM common stock price on December 14, 2021.
- Award not part of regular annual compensation; subject to clawback and protection-based vesting provisions.
- CMDC cites Mr. Pinto's outstanding leadership and desire for continued service in his new role.

## SEC filing metadata
- accession: 0000019617-21-000534
- 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: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19617/000001961721000534/0000019617-21-000534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19617/000001961721000534/jpm-20211214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000019617-21-000534
- JSON: https://secwatch.observer/filing/0000019617-21-000534.json
- Plain text: https://secwatch.observer/filing/0000019617-21-000534.txt

## Key facts
- Executive change
  Daniel Pinto changed role as President and Chief Operating Officer at JPMORGAN CHASE & CO.
  - Action: promotion
  - 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, effective January 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/19617/000001961721000534/0000019617-21-000534-index.htm

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