JPMorgan Chase reported Tuesday that it transferred 398,708 shares of company stock to CEO Jamie Dimon last week. The shares — part of Dimon’s 2018 compensation package — have a value of nearly $56 million, Bloomberg reported. That’s more than twice the $24.5 million Dimon was promised that year in performance share units.
To be clear, JPMorgan Chase said at the time that it could bump up the number of shares — originally 243,697 — by up to 50% if the bank hit a predetermined target for return on equity, among other factors.
