JPMorgan Chase & Co. Reduces Stake in IAC Inc.

JPMorgan Chase & Co. has filed an amendment to its Schedule 13G/A, reporting a reduction in its stake in IAC Inc. The filing indicates that JPMorgan Chase & Co. now holds 3,649,957 shares of IAC Inc., representing a 4.9% ownership. This marks a decrease of 1,695,296 shares, or 31.72%, from its previous holdings. The shares are held in the ordinary course of business and not for the purpose of influencing control of the issuer. The filing also lists several subsidiaries of JPMorgan Chase & Co. involved in the ownership, including J.P. Morgan Securities LLC and JPMorgan Asset Management (UK) Limited. The amendment was signed by Rachel Tsvaygoft, Vice President, on October 31, 2025.