Jackson Financial (JXN) director receives 430 dividend equivalent share units

Rhea-AI Filing Summary

STECHER ESTA E reported acquisition or exercise transactions in this Form 4 filing.

Jackson Financial Inc. director Esta E. Stecher received an award of 430.37 shares of Common Stock through additional restricted share units. These units were granted at no cash cost as dividend equivalent units on existing restricted share units. Following this grant, Stecher directly holds 51,327.88 shares of Jackson Financial common stock, and the dividend equivalent units are subject to the same terms and conditions as the underlying equity awards.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider STECHER ESTA E

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	430.37	$0.00	--

Holdings After Transaction: Common Stock — 51,327.88 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted share units granted: 430.37 shares Grant price per share: $0.00 per share Shares held after transaction: 51,327.88 shares

3 metrics

Restricted share units granted 430.37 shares Dividend equivalent units on restricted share units, code A

Grant price per share $0.00 per share Restricted share unit dividend equivalent grant

Shares held after transaction 51,327.88 shares Director’s direct holdings after award

Key Terms

restricted share units, dividend equivalent units, DEUs

3 terms

restricted share units financial

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

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"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 03:18 PM Accepted by SEC EDGAR 06/29/2026 - 03:17 PM Learn about SEC filing dates

FAQ

What insider transaction did Jackson Financial (JXN) report for Esta E. Stecher?

Jackson Financial reported that director Esta E. Stecher received an award of 430.37 restricted share units. These units were granted as dividend equivalent units on existing restricted share units and increase her direct holdings of the company’s common stock under the same equity award terms.

Was the Jackson Financial (JXN) Form 4 transaction an open-market stock purchase?

No, the transaction was not an open-market purchase. The Form 4 shows a grant coded as an acquisition of 430.37 restricted share units at a price of $0.00 per share, reflecting compensation-related dividend equivalent units rather than a voluntary market trade.

How many Jackson Financial (JXN) shares does Esta E. Stecher hold after this Form 4?

After receiving the additional 430.37 restricted share units, Esta E. Stecher directly holds 51,327.88 shares of Jackson Financial common stock. This total reflects her position immediately following the reported award of dividend equivalent units tied to existing equity grants.

What are dividend equivalent units (DEUs) in the Jackson Financial (JXN) filing?

Dividend equivalent units, or DEUs, are additional restricted share units credited in lieu of cash dividends. In this filing, DEUs were granted on existing restricted share units and are subject to the same terms and conditions as the underlying equity awards they accompany.

What transaction code was used in the Jackson Financial (JXN) Form 4 for this award?

The Form 4 uses transaction code "A" for this award, indicating a grant, award, or other acquisition. It reflects 430.37 additional restricted share units received as dividend equivalent units at a reported price of $0.00 per share, increasing the director’s direct holdings.

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^*

STECHER ESTA E

(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		430.37	A	$0.00	51,327.88	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)