Stacey Friedman Sells 6,030 Shares of JPMorgan Chase & Co. (NYSE:JPM) Stock

Stacey Friedman is a former executive at JPMorgan Chase & Co., one of the largest banks in the United States. On March 15, 2023, it was reported that Friedman had sold 6,030 shares of JPMorgan Chase stock, valued at approximately $47 million.

Friedman had previously served as the Chief Operating Officer (COO) of JPMorgan's Investment Banking Division and was responsible for overseeing the bank's global investment banking operations. She left the company in 2018 to pursue other opportunities.

It is worth noting that Friedman's stock sale was made under a pre-existing plan, which allowed her to sell up to 500,000 shares of JPMorgan Chase stock over time. The sale was reportedly made for personal reasons and did not indicate any change in Friedman's views on the bank or its operations.

JPMorgan Chase & Co. is a multinational investment bank and financial services company headquartered in New York City. It operates in various segments, including investment banking, commercial banking, asset management, and wealth management. The bank has a market capitalization of over $1 trillion and is considered one of the largest and most financially stable banks in the world.