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[Form 4] Jackson Financial Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Craig D. Smith, identified as the reporting person, reported insider sales of Jackson Financial Inc. (JXN) common stock executed through a trust for which he is trustee and beneficiary. The filing shows 1,500 shares sold on 08/07/2025 at $88.44 per share (reported as multiple transactions) and 3,500 shares sold on 08/08/2025 at $89.96 per share (also reported as multiple transactions). The filing lists the reporting persons relationship as a director and an officer (President and CEO, PPM America). The explanatory footnotes state the shares were sold by the Craig D Smith TTEE Craig D Smith TR dated May 8, 2023, U/A 5/8/03 FBO Craig D. Smith, and that the reporting person will provide transaction detail upon request. The filing includes reported beneficial ownership figures of 115,200.39 and 111,700.39 following the respective transactions and notes a power of attorney is on file.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider trustee sold 5,000 JXN shares across two days; sale prices and post-transaction reported holdings are disclosed.

The Form 4 discloses that Craig D. Smith, acting in his capacity related to a trust where he is trustee and beneficiary, sold a total of 5,000 Jackson Financial (JXN) shares: 1,500 on 08/07/2025 at $88.44 each and 3,500 on 08/08/2025 at $89.96 each. The filing explicitly reports resulting beneficial ownership figures of 115,200.39 and 111,700.39 after the respective transactions. All sales are reported as executed in multiple transactions with supporting footnotes and the trustee structure identified in the filing.

TL;DR: Reported sales were executed by a trust where the reporting person is trustee and beneficiary; disclosure includes price per share and post-sale holdings.

The disclosure clarifies that the transactions were carried out by the Craig D Smith trust (Craig D Smith TTEE) and commits to providing detailed transaction information on request. The filing shows the reporting person is both a director and an officer (President and CEO, PPM America). The presence of explanatory footnotes and an attorney-in-fact signature are recorded in the filing, and a power of attorney is noted as on file.

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*
Smith Craig Donald

(Last) (First) (Middle)
1 CORPORATE WAY

(Street)
LANSING MI 48951

(City) (State) (Zip)
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)
President and CEO PPM America
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/07/2025 S 1,500 D $88.44(1) 115,200.39 D(3)
Common Stock 08/08/2025 S 3,500 D $89.96(2) 111,700.39 D(3)
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. Shares were sold in multiple transactions, each transaction at $88.44. The reporting person undertakes to provide, upon request by Jackson Financial Inc., any security holder of Jackson Financial Inc., or the staff of the U.S. Securities and Exchange Commission, full information regarding the number of shares sold at the price set forth in this footnote.
2. Shares were sold in multiple transactions, each transaction at $89.96. The reporting person undertakes to provide, upon request by Jackson Financial Inc., any security holder of Jackson Financial Inc., or the staff of the U.S. Securities and Exchange Commission, full information regarding the number of shares sold at the price set forth in this footnote.
3. Shares were sold by the Craig D Smith TTEE Craig D Smith TR dated May 8, 2023, U/A 5/8/03 FBO Craig D. Smith, where reporting person is the trustee and beneficiary.
Remarks:
Power of Attorney on file.
/s/ Koreen A. Ryan, as Attorney-in-Fact 08/11/2025
** 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.

FAQ

What insider transactions for Jackson Financial (JXN) are reported on this Form 4?

The filing reports insider sales totaling 5,000 shares: 1,500 shares sold on 08/07/2025 at $88.44 and 3,500 shares sold on 08/08/2025 at $89.96.

Who is the reporting person on the JXN Form 4 and what is their relationship to the issuer?

The reporting person is Craig D. Smith. The form indicates he is a director and an officer (listed as President and CEO, PPM America).

Were the shares sold directly by the reporting person or through another vehicle?

The explanatory footnotes state the shares were sold by the Craig D Smith TTEE Craig D Smith TR dated May 8, 2023, where the reporting person is the trustee and beneficiary.

What post-transaction beneficial ownership amounts does the filing show?

The form reports beneficial ownership figures of 115,200.39 following the 08/07/2025 transactions and 111,700.39 following the 08/08/2025 transactions, as presented in the filing.

Does the filing provide price details and transaction structure?

Yes. Footnotes state the 08/07/2025 sales were at $88.44 per share in multiple transactions and the 08/08/2025 sales were at $89.96 per share in multiple transactions.
Jackson Financial Inc

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6.65B
66.67M
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Insurance - Life
Life Insurance
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United States
LANSING