Employee Share-based Incentives

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Employee Share-based Incentives

Employee share-based incentives

Refer to Note 9 of JPMorgan Chase’s 2022 Form 10-K for a discussion of the accounting policies and other information relating to employee share-based incentives.

The Firm recognized the following noncash compensation expense related to its various employee share-based incentive plans in its Consolidated statements of income.

	Three months ended March 31,
(in millions)	2023		2022
Cost of prior grants of restricted stock units (“RSUs”), performance share units (“PSUs”) and stock appreciation rights (“SARs”) that are amortized over their applicable vesting periods	$	357	$	271
Accrual of estimated costs of share-based awards to be granted in future periods, predominantly those to full-career eligible employees	513		535
Total noncash compensation expense related to employee share-based incentive plans	$	870	$	806

In the first quarter of 2023, in connection with its annual incentive grant for the 2022 performance year, the Firm granted 20 million RSUs and 801 thousand PSUs with weighted-average grant date fair values of $138.57 per RSU and $139.81 per PSU.