This is the best summary I could come up with:

Jamie Dimon will do something he has never done before in nearly two decades as the head of JPMorgan Chase & Co. - sell shares in the company.

The top executive of the nation’s largest bank will sell 1 million shares starting next year, according to a regulatory filing this week.

The value of the bank, with $3.2 trillion in assets, has tripled during Dimon’s tenure, and it now as a market capitalization of more than $409.1 billion, according to FactSet.

The New York bank reported a 35% surge in profits during its most recent quarter, fueled by a rapid rise in interest rates.

When the bank posted another blockbuster earnings report two weeks ago, Dimon warned, “This may be the most dangerous time the world has seen in decades.”

Dimon laid out a laundry list of major issues: the Russia-Ukraine War, the new war between Israel and Hamas in Gaza, high levels of government debt and deficits, high inflation, as well as the tight labor market, where worker demands for increased wages have led to high-profile strikes in manufacturing and entertainment.

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