Jackson Financial (JXN) EVP receives dividend-equivalent restricted share units

Rhea-AI Filing Summary

Jackson Financial Inc. executive Carrie Chelko reported receiving additional equity-based compensation rather than trading stock in the market. On March 26, 2026, she acquired three small awards of Jackson Financial common stock, each coded as a grant or other acquisition and priced at $0.00 per share, reflecting non-cash compensation.

Footnotes explain these awards are dividend equivalents in the form of restricted share units, tied to prior equity grants made on March 10, 2024, March 10, 2025, and March 10, 2026, and they remain subject to the same vesting terms, including continued employment through each vesting date. After these awards, Chelko directly owns 88,293.53 shares of common stock according to the filing.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Chelko Carrie

Role EVP and General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	30.42	$0.00	--
Grant/Award	Common Stock	41.34	$0.00	--
Grant/Award	Common Stock	48.68	$0.00	--

Holdings After Transaction: Common Stock — 88,203.51 shares (Direct)

Footnotes (1)

1. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2024, subject to continued employment through each vesting date. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2025, subject to continued employment through each vesting date. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2026, subject to continued employment through each vesting date.

Key Figures

RSU dividend-equivalent grant 1: 30.4200 shares RSU dividend-equivalent grant 2: 41.3400 shares RSU dividend-equivalent grant 3: 48.6800 shares +3 more

6 metrics

RSU dividend-equivalent grant 1 30.4200 shares Common Stock grant on March 26, 2026

RSU dividend-equivalent grant 2 41.3400 shares Common Stock grant on March 26, 2026

RSU dividend-equivalent grant 3 48.6800 shares Common Stock grant on March 26, 2026

Holdings after first grant 88,203.5100 shares Total shares following first March 26, 2026 transaction

Holdings after second grant 88,244.8500 shares Total shares following second March 26, 2026 transaction

Holdings after third grant 88,293.5300 shares Total shares following third March 26, 2026 transaction

Key Terms

restricted share units, dividend equivalents, grant, award, or other acquisition, continued employment, +1 more

5 terms

restricted share units financial

"Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

dividend equivalents financial

"Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

continued employment financial

"subject to continued employment through each vesting date"

Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

vesting date financial

"subject to continued employment through each vesting date"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chelko Carrie

(Last) (First) (Middle)

1 CORPORATE WAY

(Street)

LANSING MICHIGAN 48951

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Jackson Financial Inc. [ JXN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	03/26/2026		A		30.42	A	$0.00	88,203.51	D
Common Stock(2)	03/26/2026		A		41.34	A	$0.00	88,244.85	D
Common Stock(3)	03/26/2026		A		48.68	A	$0.00	88,293.53	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2024, subject to continued employment through each vesting date.

2. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2025, subject to continued employment through each vesting date.

3. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2026, subject to continued employment through each vesting date.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Carrie Chelko report in her latest Jackson Financial (JXN) Form 4?

She reported receiving three small awards of Jackson Financial common stock on March 26, 2026. These were coded as grants, not open-market trades, and represent equity-based compensation rather than purchases or sales in the public market.

Were the Jackson Financial (JXN) Form 4 transactions open-market buys or sells?

No, the transactions were coded “A” for grant, award, or other acquisition. The filing describes them as dividend equivalents issued as restricted share units, so they are compensation-related awards rather than open-market buying or selling of Jackson Financial stock.

How many Jackson Financial (JXN) shares does Carrie Chelko hold after these Form 4 awards?

After the final March 26, 2026 grant, the filing shows Carrie Chelko directly owning 88,293.53 shares of Jackson Financial common stock. Each transaction table entry lists an updated total shares figure following the respective award.

What are the dividend-equivalent restricted share units reported for Jackson Financial (JXN)?

The filing states Chelko acquired dividend equivalents in the form of restricted share units. These units mirror dividends on prior equity grants and are subject to the same terms and conditions, including vesting schedules tied to earlier grants made in 2024, 2025, and 2026.

What conditions apply to the new Jackson Financial (JXN) restricted share units?

The footnotes say the dividend-equivalent restricted share units are subject to the same terms as the underlying equity granted on March 10, 2024, March 10, 2025, and March 10, 2026. This includes a requirement for continued employment through each applicable vesting date.