JPMorgan Chase Financial Company LLC filed a free writing prospectus fact sheet dated October 30, 2026, describing Market Linked Securities auto-callable with contingent coupon and contingent downside, linked to the Class A common stock of Alphabet Inc., due November 9, 2028.

Key Highlights

  • Underlying asset: The Class A common stock of Alphabet Inc. (Bloomberg ticker: GOOGL)
  • Contingent coupon rate: At least 12.00% per annum, to be confirmed in the pricing supplement
  • Threshold price: 75% of the starting price, which is the stock closing price on the pricing date
  • Principal at risk: If not called and the ending price is below the threshold price, investors "will lose more than 25%, and possibly all, of the principal amount" at maturity
  • Estimated value: Approximately $962.90 per security if priced on the fact sheet date; will not be less than $930.00 per security when terms are set
  • Automatic call window: Monthly calculation days from May 2027 to October 2028, inclusive, if the stock closing price is greater than or equal to the starting price
  • Fees and commissions: Up to 2.325% for Wells Fargo Securities, LLC, with sub-allocations to Wells Fargo Advisors and selected dealers

Structure and Terms of the Alphabet-Linked Auto-Callable Securities

According to the filing, JPMorgan Chase Financial Company LLC is the issuer of these securities, with payments fully and unconditionally guaranteed by JPMorgan Chase & Co. The securities are offered in denominations of $1,000 and any integral multiple of $1,000, with a stated maturity date of November 9, 2028. The pricing date is listed as November 5, 2026, and the issue date as November 10, 2026, both subject to change. The CUSIP is 46661QGK5, and J.P. Morgan Securities LLC is named as calculation agent.

The filing discloses that a contingent coupon payment is made monthly only if the stock closing price of Alphabet's Class A common stock on the relevant calculation day is greater than or equal to the threshold price, which is set at 75% of the starting price. Each monthly payment, if triggered, is calculated as ($1,000 multiplied by the contingent coupon rate) divided by 12. The securities may be automatically called on any monthly calculation day from May 2027 through October 2028 if the stock closing price meets or exceeds the starting price, at which point investors receive principal plus a final contingent coupon payment.

The filing states the estimated value of the securities will be lower than the original issue price and that "secondary market prices of the securities will likely be lower than the original issue price." The filing further notes that the securities are unsecured and unsubordinated obligations of JPMorgan Financial, are not bank deposits, and are not insured by the FDIC or any other governmental agency. The filing characterizes U.S. federal tax consequences as "uncertain, and may be adverse to a holder of the securities."

What Was Disclosed

JPMorgan Chase Financial Company LLC filed a free writing prospectus fact sheet for auto-callable market linked securities tied to Alphabet Inc.'s Class A common stock, detailing coupon conditions, call mechanics, downside risk, estimated value, fees, and key risk considerations for securities due November 9, 2028.