JPMorgan Chase, Bank of America CEOs Dump $268,628,928 of Shares in Their Own Companies in Just Four Months
JPMorgan Chase CEO Jamie Dimon and Financial institution of America CEO Brian Moynihan are unloading huge quantities of non-public fairness of their corporations.
In accordance with the monetary knowledge miner SecForm4.Com, the newest transactions occurred this month, when Dimon and Moynihan bought off shares value a mixed $32.18 million within the two banks they respectively run.
Beginning with the JPMorgan Chase CEO, Dimon sold 133,639 shares of the most important US financial institution by complete property on April 14th, for a complete of roughly $31.50 million.
In February, Dimon bought 866,361 JPMorgan Chase shares value roughly $233.78 million when the inventory was buying and selling near all-time excessive ranges.
In the meantime, Moynihan sold $679,717 in Financial institution of America shares on April seventeenth.
The Financial institution of America boss additionally bought shares within the second-largest US lender value $731,563 in March, shares valued at $971,274 in February and inventory value $974,169 in January.
Mixed, Dimon and Moynihan have bought shares within the two megabanks value roughly $268.63 million because the 12 months began.
Whereas the Financial institution of America boss frequently disposes of inventory within the trillion-dollar lender he leads, Dimon initiated the first-ever sale of the inventory he owns in JPMorgan Chase in February of 2024. Over the previous 14 months, Dimon has disposed of JPMorgan Chase inventory value $448.26 million. Dimon turned JPMorgan Chase CEO in December of 2005.
Moynihan has, however, been promoting Financial institution of America inventory each month since July of 2022. He took over as Financial institution of America CEO in January of 2010.
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