STOCK TITAN

Jackson Financial (NYSE: JXN) EVP granted dividend-equivalent RSU awards

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jackson Financial Inc. reported that EVP and General Counsel Carrie Chelko acquired additional common stock-based awards through three small grants on June 25, 2026. These were issued at $0.00 per share as compensation, not open‑market purchases.

The grants represent dividend equivalents in the form of restricted share units tied to prior equity awards granted on March 10, 2024, March 10, 2025 and March 10, 2026, each subject to continued employment through the relevant vesting dates. Following these awards, she holds directly about 88,414 shares of Jackson Financial common stock.

Positive

  • None.

Negative

  • None.
Insider Chelko Carrie
Role EVP and General Counsel
Type Security Shares Price Value
Grant/Award Common Stock 30.53 $0.00 $0.00
Grant/Award Common Stock 41.49 $0.00 $0.00
Grant/Award Common Stock 48.86 $0.00 $0.00
Holdings After Transaction: Common Stock — 88,414.41 shares (Direct)
Footnotes (3)
  1. F1. 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. F2. 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. F3. 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.
Award 1 shares 48.86 shares Dividend-equivalent RSU grant on June 25, 2026
Award 2 shares 41.49 shares Dividend-equivalent RSU grant on June 25, 2026
Award 3 shares 30.53 shares Dividend-equivalent RSU grant on June 25, 2026
Post-award holdings 88,414.41 shares Direct common stock ownership after one reported grant
Grant price $0.00 per share Compensation-related RSU dividends, not market purchases
Transaction count 3 acquisitions All coded as A (grant, award, or other acquisition)
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.
vesting date financial
"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"
continued employment financial
"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"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did Jackson Financial (JXN) disclose for Carrie Chelko?

Jackson Financial disclosed that EVP and General Counsel Carrie Chelko received three small stock-based awards on June 25, 2026. These awards were dividend-equivalent restricted share units granted at no cash cost as part of her existing equity compensation program.

How many Jackson Financial (JXN) shares were granted to Carrie Chelko in this Form 4?

The Form 4 shows three separate grants of Jackson Financial common stock equivalents: 48.86 shares, 41.49 shares and 30.53 shares. Each reflects dividend equivalents credited as restricted share units linked to earlier equity awards made in 2024, 2025 and 2026.

What is Carrie Chelko’s Jackson Financial (JXN) shareholding after the latest awards?

After the June 25, 2026 awards, one transaction line shows Carrie Chelko directly holding 88,414.41 Jackson Financial common shares. This figure reflects her post-transaction direct ownership reported in the filing for one of the three dividend-equivalent restricted share unit grants.

Are the new Jackson Financial (JXN) awards to Carrie Chelko open-market purchases?

No, the reported transactions are not open-market purchases. They are grant or award acquisitions, specifically dividend equivalents credited in the form of restricted share units at a price of $0.00 per share, consistent with compensation-related equity awards rather than market trades.

What conditions apply to the Jackson Financial (JXN) dividend-equivalent RSUs granted to Carrie Chelko?

The dividend-equivalent awards are restricted share units subject to the same terms as underlying equity granted on March 10, 2024, 2025 and 2026. Vesting requires continued employment through each vesting date, aligning the executive’s incentives with longer-term service at Jackson Financial.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/25/2026A30.53A$0.0088,324.06D
Common Stock(2)06/25/2026A41.49A$0.0088,365.55D
Common Stock(3)06/25/2026A48.86A$0.0088,414.41D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact06/29/2026
** Signature of Reporting PersonDate
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)