JPMorgan Chase Financial Company LLC filed a free writing prospectus (FWP) fact sheet dated October 26, 2026, disclosing the terms of Market Linked Securities auto-callable with contingent coupon and contingent downside, linked to the Class A common stock of Meta Platforms, Inc., due November 1, 2029.

Key Highlights

  • Underlying asset: The securities are linked to the Class A common stock of Meta Platforms, Inc. (Bloomberg ticker: META).
  • Contingent coupon rate: At least 10.15% per annum, paid quarterly only if the stock closing price on the calculation day is at or above the threshold price.
  • Threshold price: 60% of the starting price, which is the stock closing price on the pricing date (on or around October 29, 2026).
  • Principal at risk: If the securities are not automatically called and the ending price is less than the threshold price, investors "will lose more than 40%, and possibly all, of the principal amount," according to the filing.
  • Estimated value: Approximately $958.20 per security if priced on the date of the accompanying preliminary pricing supplement, with a floor of not less than $920.00 per security as stated in the pricing supplement.
  • Fees and commissions: Up to 2.325% payable to Wells Fargo Securities, LLC, with dealers including Wells Fargo Advisors potentially receiving 1.75% of that fee plus a distribution expense fee of 0.075%.
  • CUSIP: 46661QRD9; principal amount is $1,000 per security.

Terms and Structure of JPMorgan's Meta-Linked Auto-Callable Securities

According to the filing, the issuer is JPMorgan Chase Financial Company LLC, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The securities are described as "unsecured and unsubordinated obligations" of JPMorgan Financial. The pricing date is on or around October 29, 2026, the issue date on or around November 3, 2026, and the stated maturity date is November 1, 2029. The calculation agent is J.P. Morgan Securities LLC (JPMS).

The filing discloses that contingent coupon payments are made quarterly, at a per annum rate of at least 10.15%, but only if the stock closing price of Meta Platforms Class A common stock on the relevant calculation day is at or above the threshold price (60% of the starting price). A memory feature applies: if coupon payments are missed on one or more calculation days, those missed payments may be recovered on a later calculation day when the threshold is met, though the filing notes this is "without interest on amounts previously unpaid." Calculation days run quarterly on the 28th of January, April, July, and October, commencing January 2027 and ending October 29, 2029.

The auto-call feature triggers if the stock closing price on any calculation day from January 2027 through July 2029 is at or above the starting price, returning the $1,000 principal plus any applicable contingent coupon payments. The filing emphasizes that investors "will not participate in any appreciation of the Underlying Stock," and that return is limited to the sum of contingent coupon payments received. The securities are not bank deposits and are not insured by the FDIC or any other governmental agency, the filing states.

What Was Disclosed

JPMorgan Chase Financial Company LLC filed a fact sheet for auto-callable, principal-at-risk structured notes linked to Meta Platforms Class A stock, with a contingent coupon of at least 10.15% per annum, a 60% threshold price, and a stated maturity of November 1, 2029. The estimated value at pricing is approximately $958.20 per security.