Director at Jackson Financial (NYSE: JXN) receives 402.0200 DEU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jackson Financial Inc. director Esta E. Stecher reported an acquisition of 402.0200 shares of common stock as additional restricted share units. These units were received as dividend equivalent units on existing restricted share units and carry the same terms as the original awards. Following this award, Stecher directly holds 47,723.5100 shares, making this a small, compensation-related increase rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STECHER ESTA E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 402.02 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 47,723.51 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Restricted share units granted: 402.0200 shares
Holdings after transaction: 47,723.5100 shares
Price per share on grant: $0.0000
3 metrics
Restricted share units granted
402.0200 shares
Dividend equivalent units on existing RSUs, transaction code A
Holdings after transaction
47,723.5100 shares
Total common stock directly held by Esta E. Stecher after award
Price per share on grant
$0.0000
Indicates non-cash equity award, not open-market purchase
Key Terms
restricted share units, dividend equivalent units, DEUs, Grant, award, or other acquisition
4 terms
dividend equivalent units financial
"received as dividend equivalent units ("DEUs") on restricted share units"
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""
FAQ
What insider transaction did Jackson Financial Inc. (JXN) report for Esta E. Stecher?
Jackson Financial Inc. reported that director Esta E. Stecher acquired 402.0200 shares of common stock as additional restricted share units. These were issued as dividend equivalent units tied to existing equity awards and did not involve an open-market purchase or sale.
What are dividend equivalent units (DEUs) in the Jackson Financial (JXN) Form 4?
Dividend equivalent units are additional restricted share units credited to match dividends paid on underlying awards. In this case, Jackson Financial granted DEUs on existing restricted share units, and they are subject to the same terms and conditions as those original equity awards.
What transaction code appears in Esta E. Stecher’s Jackson Financial (JXN) Form 4?
The transaction is coded “A” for a grant, award, or other acquisition. This indicates the 402.0200 shares were received as part of equity compensation, specifically as dividend equivalent units, rather than through an open-market buy or sell order.