JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family sold $150 million worth of the bank’s stock, following through on last year’s announcement that he would begin selling shares for the first time since taking the helm 18 years ago.
Dimon and his family sold about 822,000 shares in a series of transactions on Thursday, according to a US Securities and Exchange Commission filing. The stock, which has outperformed the broader market and peers during his tenure, is trading at a record high.