Director at Jackson Financial (NYSE: JXN) receives 950.78 DEU restricted share units

Rhea-AI Filing Summary

Jackson Financial Inc. director Steven A. Kandarian received additional equity-based compensation. On June 25, 2026, he acquired 950.78 shares of Common Stock through a grant classified as a “grant, award, or other acquisition.”

According to the footnote, these shares represent additional restricted share units received as dividend equivalent units (DEUs) on existing restricted share units and are subject to the same terms and conditions as the underlying awards. Following this transaction, Kandarian directly owned 113,396.46 shares of Jackson Financial Inc. common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KANDARIAN STEVEN A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	950.78	$0.00	--

Holdings After Transaction: Common Stock — 113,396.46 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 950.78 shares Holdings after transaction: 113,396.46 shares Transaction price per share: $0.0000 per share

3 metrics

Shares acquired 950.78 shares Grant of Common Stock restricted share units on June 25, 2026

Holdings after transaction 113,396.46 shares Director’s direct Common Stock ownership following the grant

Transaction price per share $0.0000 per share Reported price for the grant/award acquisition

Key Terms

restricted share units, dividend equivalent units, DEUs, grant, award, or other acquisition

4 terms

restricted share units financial

"These shares reflect additional restricted share units received as dividend equivalent units ("DEUs")"

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 equivalent units financial

"received as dividend equivalent units ("DEUs") on restricted share units"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

DEUs financial

"The DEUs are subject to the same terms and conditions as the underlying equity awards"

grant, award, or other acquisition financial

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 03:16 PM Accepted by SEC EDGAR 06/29/2026 - 03:15 PM Learn about SEC filing dates

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^*

KANDARIAN STEVEN A

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

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)	06/25/2026		A		950.78	A	$0.00	113,396.46	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. These shares reflect additional restricted share units received as dividend equivalent units ("DEUs") on restricted share units. The DEUs are subject to the same terms and conditions as the underlying equity awards on which they accrue.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	06/29/2026
	** 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 Jackson Financial Inc. (JXN) disclose in this Form 4 filing?

Jackson Financial Inc. reported that director Steven A. Kandarian acquired 950.78 shares of Common Stock as an equity award. The shares were credited as dividend equivalent units on existing restricted share units and carry the same terms as those underlying awards.

How many Jackson Financial Inc. (JXN) shares did Steven A. Kandarian acquire?

Steven A. Kandarian acquired 950.78 shares of Jackson Financial Inc. Common Stock. The filing explains these are additional restricted share units received as dividend equivalent units on prior restricted share units, not an open‑market stock purchase with a cash price per share.

What are dividend equivalent units (DEUs) in the Jackson Financial Inc. Form 4?

The Form 4 states that the new shares reflect restricted share units received as dividend equivalent units, or DEUs, on existing restricted share units. DEUs accrue like dividends and, in this case, are subject to the same terms and conditions as the underlying equity awards.

What is Steven A. Kandarian’s Jackson Financial Inc. shareholding after this transaction?

After receiving the additional restricted share units, Steven A. Kandarian directly owned 113,396.46 shares of Jackson Financial Inc. Common Stock. This total reflects his holdings immediately following the June 25, 2026 equity award transaction reported in the Form 4.

Was cash paid per share in this Jackson Financial Inc. Form 4 transaction?

The filing lists a transaction price per share of $0.0000 for the 950.78 shares. It describes the transaction as a grant or award of additional restricted share units received as dividend equivalent units, rather than a cash purchase of Common Stock in the open market.