JPMorgan Chase Financial Co. LLC Files 424B2 Prospectus Supplement

TL;DR

**JPM Financial just filed a prospectus for new securities, watch for details on the offering.**

AI Summary

This 424B2 filing from JPMorgan Chase Financial Co. LLC, dated March 24, 2026, is a prospectus supplement related to a previously filed registration statement (File No. 333-270004-01). It indicates that JPMorgan Chase Financial Co. LLC, a subsidiary of JPMorgan Chase & Co., is offering securities. This matters to investors because it signals the company is raising capital, which could be used for growth, refinancing debt, or other corporate purposes, potentially impacting future earnings and stock value.

Why It Matters

This filing indicates JPMorgan Chase Financial Co. LLC is offering new securities, which could dilute existing shares or provide capital for strategic initiatives.

Risk Assessment

Risk Level: medium — The risk is medium because while raising capital can be positive, the specifics of the offering (e.g., type of security, interest rates, use of proceeds) are not detailed in this summary filing and could impact existing shareholders.

Analyst Insight

Investors should look for the full prospectus or subsequent filings to understand the specific terms of the securities being offered, including type, amount, and pricing, to assess potential impact on JPM stock.

Key Numbers

• 0001665650 — CIK for JPMorgan Chase Financial Co. LLC (Unique identifier for the filing entity)
• 0000019617 — CIK for JPMORGAN CHASE & CO (Unique identifier for the parent company)
• 2026-03-24 — Filing Date (Date the 424B2 was filed and accepted)
• 732666 — Size of PRICING SUPPLEMENT document (Indicates the detailed pricing supplement document size in bytes)

Key Players & Entities

• JPMorgan Chase Financial Co. LLC (company) — Filer of the 424B2 prospectus supplement
• JPMORGAN CHASE & CO (company) — Parent company of the filer
• March 24, 2026 (date) — Filing and acceptance date of the 424B2
• 333-270004-01 (dollar_amount) — File number for JPMorgan Chase Financial Co. LLC's registration statement
• 333-270004 (dollar_amount) — File number for JPMORGAN CHASE & CO's registration statement

Forward-Looking Statements

• JPMorgan Chase Financial Co. LLC will likely issue new debt or equity securities. (JPMorgan Chase Financial Co. LLC) — high confidence, target: 2026-03-31
• The capital raised will be used for general corporate purposes, potentially including refinancing or expansion. (JPMorgan Chase Financial Co. LLC) — medium confidence, target: 2026-06-30

FAQ

Key Financial Figures

• $1 — Company LLC Structured Investments $1, 195 ,000 Unc apped Accelerated Barri
• $1,000 — ribed below. Minimum denominations of $1,000 and integral multiples thereof The no
• $8.50 — roceeds to Issuer Per note $1,000 $8.50 $99 1.50 Total $1,195,000 $10 ,
• $99 — to Issuer Per note $1,000 $8.50 $99 1.50 Total $1,195,000 $10 ,157.50
• $1,195,000 — e $1,000 $8.50 $99 1.50 Total $1,195,000 $10 ,157.50 $1,18 4,842.50 (1) Se
• $10 — $8.50 $99 1.50 Total $1,195,000 $10 ,157.50 $1,18 4,842.50 (1) See " Su
• $1,18 — 50 Total $1,195,000 $10 ,157.50 $1,18 4,842.50 (1) See " Supplemental Use o
• $8.5 — pay all of the selling commissions of $8.5 0 per $1,000 principal amount note it r
• $9 — en the terms of the notes were set, was $9 70 .0 0 per $1,000 principal amount not
• $4 — 70.00% of its Initial Value, which is $4 53 . 99 9 for the SPDR S&P 500 ETF Tr
• $648.57 — hat Fund on the Pricing Date, which was $648.57 for the SPDR S&P 500 ETF Trust and $
• $100.00 — Value for the Lesser Performing Fund of $100.00; an Upside Leverage Factor of 1.25; a
• $70.00 — mount for the Lesser Performing Fund of $70.00 (equal to 70.00% of its hypothetical In
• $165.00 — rn on the Notes Payment at Maturity $165.00 65.00% 81.25% $1,812.50 $150.00
• $1,812.50 — Maturity $165.00 65.00% 81.25% $1,812.50 $150.00 50.00% 62.50% $1,625.00

Filing Documents

• ea0283204-01_424b2.htm (424B2) — 715KB
• ea028320401_ex-filingfees.htm (EX-FILING FEES) — 4KB
• bg1.jpg (GRAPHIC) — 243KB
• bg2.jpg (GRAPHIC) — 264KB
• bg3.jpg (GRAPHIC) — 292KB
• bg4.jpg (GRAPHIC) — 428KB
• bg5.jpg (GRAPHIC) — 43KB
• bg6.jpg (GRAPHIC) — 98KB
• bg7.jpg (GRAPHIC) — 186KB
• bg8.jpg (GRAPHIC) — 457KB
• bg9.jpg (GRAPHIC) — 456KB
• bga.jpg (GRAPHIC) — 280KB
• bgb.jpg (GRAPHIC) — 273KB
• 0001213900-26-033389.txt ( ) — 2444KB
• ea028320401_ex-filingfees_htm.xml (XML) — 2KB

From the Filing

SUPPLEMENT March 20 , 2026 Registration Statement Nos. 333 - 270004 and 333 - 270004 -01; Rule 424(b)(2) Pricing supplement to product supplement no. 4-I dated April 13, 2023, underlying supplement no. 1-I dated April 13, 2023, the prospectus and prospectus supplement, each dated April 13, 2023, and the prospectus addendum dated June 3, 2024 JPMorgan Chase Financial Company LLC Structured Investments $1, 195 ,000 Unc apped Accelerated Barrier Notes Linke d to the Lesser Performing of the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust SM , Series 1 due March 23 , 20 29 Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. The notes are designed for investors who seek an uncapped return of 1.25 times any appreciation of the lesser performing of the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust SM , Series 1, which we refer to as the Funds , at maturity. Investors should be willing to forgo interest and dividend payments and be willing to lose a significant portion or all of their principal amount at maturity. The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, which we refer to as JPMorgan Financial, the payment on which is fully and unconditionally guaranteed by JPMorgan Chase & Co. Any payment on the notes is subject to the credit risk of JPMorgan Financial, as issuer of the notes, and the credit risk of JPMorgan Chase & Co., as guarantor of the notes. Payments on the notes are not linked to a basket composed of the Funds. Payments on the notes are linked to the performance of each of the Funds individually, as described below. Minimum denominations of $1,000 and integral multiples thereof The notes priced on March 20 , 2026 and are expected to settle on or about March 25 , 2026. CUSIP: 46660RE75 Investing in the notes involves a number of risks. See "Risk Factors" beginning on page S -2 of the accompanying prospectus supplement, Annex A to the accompanying prospectus addendum, "Risk Factors" beginning on page PS -11 of the accompanying product supplement and "Selected Risk Considerations" beginning on page PS -3 of this pricing supplement. Neither the Securities and Exchange Commission (the " SEC " ) nor any state securities commission has approved or disapproved of the notes or passed upon the accuracy or the adequacy of this pricing supplement or the accompanying product supplement, underlying supplement, prospectus supplement, prospectus and prospectus addendum . Any representation to the contrary is a criminal offense. Price to Public (1) Fees and Commissions (2) Proceeds to Issuer Per note $1,000 $8.50 $99 1.50 Total $1,195,000 $10 ,157.50 $1,18 4,842.50 (1) See " Supplemental Use of Proceeds " in this pricing supplement for information about the components of the price to public of the notes. (2) J.P. Morgan Securities LLC, which we refer to as JPMS, acting as agent for JPMorgan Financial, will pay all of the selling commissions of $8.5 0 per $1,000 principal amount note it receives from us to other affiliated or unaffiliated dealers. See "Plan of Distribution (Conflicts of Interest)" in the accompanying product supplement. The estimated value of the notes, when the terms of the notes were set, was $9 70 .0 0 per $1,000 principal amount note . See " The Estimated Value of the Notes " in this pricing supplement for additional information. The notes are not bank deposits, are not insured by the Federal Deposit Insurance Corporation or any other governmental agency and are not obligations of, or guaranteed by, a bank. PS-1 | Structured Investments Uncapped Accelerated Barrier Notes Linked to the Lesser Performing of the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust SM , Series 1 Key Terms Issuer: JPMorgan Chase Financial Company LLC , a direct, wholly owned finance subsidiary of JPMorgan Chase & Co. Guarantor: JPMorgan Chase & Co. Funds : The SPDR S&P 500 ETF Trust (Bloomberg ticker: SPY) and the Invesco QQQ Trust SM , Series 1 (Bloomberg ticker: QQQ) Upside Leverage Factor: 1. 25 Barrier Amount: With respect to each Fund , 70.00% of its Initial Value, which is $4 53 . 99 9 for the SPDR S&P 500 ETF Trust and $4 07 .442 for the Invesco QQQ Trust SM , Series 1 Pricing Date: March 20 , 2026 Original Issue Date (Settlement Date): On or about March 25 , 2026 Observation Date *: March 20 , 20 29 Maturity Date*: March 23 , 20 29 * Subject to postponement in the event of a market disruption event and as described under " General Terms of Notes — Postponement of a Determination Date — Notes Linked to Multiple Underlyings " and " General Terms of Notes — Postponement of a Payment Date " in the accompanying product supplement Payment at Maturity: If the Final Value of each Fund is greater than its Initial Value , your payment at maturity per $1,000 principal amount note will be calculated as follows:

View Full Filing

View this 424B2 filing on SEC EDGAR