secwatch.observer — SEC 8-K summary
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Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0000019617-25-000056
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPMorgan CEO Dimon gets $39M compensation for 2024; plans to sell 1M shares
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- Total 2024 compensation $39M, up from $36M in 2023; base salary $1.5M plus $37.5M variable incentive.
- Variable incentive includes $5M cash and $32.5M in performance share units (87% equity-linked).
- Dimon and family plan to sell ~1M of their 7.5M JPM shares for diversification; no further sales intended.
- Firm reports record 2024 revenue $180.6B, net income $58.5B ($19.75 EPS), ROTCE 22%.
- Quarterly dividend raised from $1.05 to $1.25 per share in 2024; CET1 ratio 15.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000001961725000056/0000019617-25-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000001961725000056/jpm-20250121.htm
  HTML page:      https://secwatch.observer/filing/0000019617-25-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer