摩根大通美股招股说明书(2026-04-30版)

Registration Statement No. 333-293684Dated May, 2026Rule 424(b)(2) Pricing supplementTo prospectus dated April 17, 2026,prospectus supplement dated April 17, 2026 andproduct supplement no. 1-I dated April 17, 2026 $ Callable Fixed Rate Notes due May 13, 2033 General The notes are unsecured and unsubordinated obligations of JPMorgan Chase&Co.Any payment on the notes is subject to the credit risk ofJPMorgan Chase&Co.These notes are designed for an investor who seeks a fixed income investment at an interest rate of 4.90% per annum but who is also willing toaccept the risk that the notes will be called prior to the Maturity Date.At our option, we may redeem the notes, in whole but not in part, on any of the Redemption Dates specified below.The notes may be purchased in minimum denominations of $1,000 and in integral multiples of $1,000 thereafter. Key Terms JPMorgan Chase&Co. Issuer:Payment at Maturity: On the Maturity Date, we will pay you the principal amount of your notesplusany accrued and unpaid interest,providedthat your notes are outstanding and have not previously been called on any Redemption Date. Call Feature: On the 15thcalendar day of May and November of each year, beginning on May 15, 2028 and ending on November15, 2032 (each, a “Redemption Date”), we may redeem your notes, in whole but not in part, at a price equal to theprincipal amount being redeemedplusany accrued and unpaid interest, subject to the Business Day Conventionand the Interest Accrual Convention described below and in the accompanying product supplement.If we intend toredeem your notes, we will deliver notice to The Depository Trust Company on any business day after the OriginalIssue Date that is at least 5 business days before the applicable Redemption Date. Subject to the Interest Accrual Convention, with respect to each Interest Period, for each $1,000 principal amountnote, we will pay you interest in arrears on each Interest Payment Date in accordance with the following formula:$1,000 × Interest Rate × Day Count Fraction. The period beginning on and including the Original Issue Date and ending on but excluding the first InterestPayment Date, and each successive period beginning on and including an Interest Payment Date and ending on butexcluding the next succeeding Interest Payment Date or, if the notes are redeemed prior to that succeeding InterestPayment Date, ending on but excluding the applicable Redemption Date, subject to the Interest Accrual Conventiondescribed below and in the accompanying product supplement Interest Periods: Interest on the notes will be payable in arrears on May 15 of each year, beginning on May 15, 2027 to and includingMay 15, 2032, and on the Maturity Date (each, an “Interest Payment Date”), subject to any earlier redemption andthe Business Day Convention and Interest Accrual Convention described below and in the accompanying productsupplement. Interest Payment Dates: 4.90% per annum May 13, 2026, subject to the Business Day Convention May 13, 2033, subject to the Business Day Convention Investing in the notes involves a number of risks. See “Risk Factors” beginning on page S-2 of the accompanying prospectus supplement,“Risk Factors” beginning on page PS-11 of the accompanying product supplement and “Selected Risk Considerations” beginning on pagePS-4 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, prospectus supplement and prospectus. Anyrepresentation to the contrary is a criminal offense. (1) The price to the public includes the estimated cost of hedging our obligations under the notes through one or more of our affiliates.(2) With respect to notes sold to eligible institutional investors or fee-based advisory accounts for which an affiliated or unaffiliated broker-dealer is an investment adviser, the price to the public will not be lower than $985.10 or greater than $1,000 per $1,000 principal amount note.Broker-dealers whopurchase the notes for these accounts may forgo some or all selling commissions related to these sales described in footnote (3) below.The per noteprice to the public in the table above assumes a price to the public of $1,000 per $1,000 principal amount note.See “Plan of Distribution (Conflicts ofInterest)” in the accompanying product supplement.(3) J.P. Morgan Securities LLC, which we refer to as JPMS, acting as agent for JPMorgan Chase&Co., will pay all of the selling commissions it receives from us to other affiliated or unaffiliated dealers.If the notes priced today, the selling commissions would be approximately $10.00 per $1,000 principalamount note and in no event will these selling commissions exceed $25.00 per $1,000 principal amount note.Broker-dealers who purchase the notesfor sales to eligible institutional investor