secwatch.observer — SEC 8-K summary
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Issuer:     JPMORGAN CHASE & CO (JPM)
CIK:        0000019617
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-211978
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JPMorgan issues $3B of 6.100% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series PP
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- Issued 300,000 shares of Series PP Preferred Stock at $10,000 liquidation preference each ($3B total).
- Deposited against 3,000,000 depositary shares (each representing 1/10th interest) via Computershare.
- Dividends on common or parity/junior preferred restricted if Series PP dividend not declared.
- Underwriting agreement with J.P. Morgan Securities LLC dated April 30, 2026; closed May 7, 2026.
- Filed Certificate of Designations with Delaware Secretary of State on May 6, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19617/000119312526211978/0001193125-26-211978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19617/000119312526211978/d903351d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-211978

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