CEO Jamie Dimon Dumps 822,000 Shares of JP Morgan Stock

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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.

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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.

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