Top Bank CEOs Cash Out Millions in Stock Sales in 2025

Top executives at two of America's biggest banks are continuing to cash out large portions of their personal stock holdings.

Recent filings reveal that JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan have collectively sold over $32 million in company shares this month alone.

Dimon offloaded around 133,600 JPMorgan shares on April 14, netting about $31.5 million. This follows a much larger move in February, when he sold over 866,000 shares valued at roughly $234 million — marking the first time Dimon had ever sold stock in the company he’s led since 2005. Over the past 14 months, Dimon’s total stock sales have surpassed $448 million.

Meanwhile, Moynihan also sold a batch of Bank of America shares worth nearly $680,000 on April 17. His sales this year include additional transactions of $731,000 in March, $971,000 in February, and $974,000 in January. Unlike Dimon, Moynihan has been steadily trimming his holdings every month since mid-2022.

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Altogether, the two CEOs have sold approximately $268.6 million worth of stock so far in 2025. Their moves come at a time when both banks’ share prices have hovered near historic highs, prompting speculation about their long-term views on market conditions.

The wave of executive stock selling has drawn attention from investors and analysts, some of whom see insider selling as a potential signal of caution regarding future growth. However, others argue that the sales could simply reflect routine diversification strategies or personal financial planning after years of accumulated gains.

Alexander Stefanov