Jackson Financial (JXN) director receives 399 dividend-equivalent RSUs as compensation grant

Rhea-AI Filing Summary

Jackson Financial Inc. director Lily Fu Claffee received additional stock-based compensation through a grant of dividend-equivalent restricted share units. On this Form 4, she acquired 399.4 shares of Common Stock at no cash cost, reflecting dividend equivalent units credited on existing restricted share units. Following this award, her direct holdings increased to 47,635.01 shares of Common Stock. The new units are subject to the same terms and conditions as the underlying equity awards on which they accrued, indicating this is a routine, compensation-related adjustment rather than an open-market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Claffee Lily Fu

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	399.4	$0.00	--

Holdings After Transaction: Common Stock — 47,635.01 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU DEUs granted: 399.4 shares Price per share: $0.0000 per share Shares after transaction: 47,635.01 shares

3 metrics

RSU DEUs granted 399.4 shares Dividend-equivalent units on restricted share units

Price per share $0.0000 per share Grant price for RSU DEUs

Shares after transaction 47,635.01 shares Director’s direct Common Stock holdings after grant

Key Terms

restricted share units, dividend equivalent units ("DEUs"), equity awards

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 ("DEUs") financial

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

equity awards financial

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

Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

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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^*

Claffee Lily Fu

(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		399.4	A	$0.00	47,635.01	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 insider transaction did Jackson Financial Inc. (JXN) report for Lily Fu Claffee?

Jackson Financial Inc. reported that director Lily Fu Claffee acquired 399.4 shares of Common Stock. These were granted as dividend-equivalent restricted share units tied to existing equity awards, not purchased in the open market, and increased her direct holdings to 47,635.01 shares.

Was the Jackson Financial (JXN) insider transaction a stock purchase or a compensation grant?

The transaction was a compensation-related grant, not a stock purchase. Lily Fu Claffee received 399.4 dividend-equivalent restricted share units credited on existing restricted share units, with no cash price per share, reflecting routine equity award adjustments.

How many Jackson Financial (JXN) shares does Lily Fu Claffee hold after this Form 4?

After this Form 4 transaction, Lily Fu Claffee directly holds 47,635.01 shares of Jackson Financial Common Stock. This total includes the newly credited 399.4 dividend-equivalent restricted share units granted in connection with her existing restricted share unit awards.

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

Dividend equivalent units, or DEUs, are additional restricted share units credited to match dividends on underlying awards. In this filing, 399.4 DEUs were added to Lily Fu Claffee’s restricted share units and are subject to the same terms and conditions as those original equity awards.

Does the Jackson Financial (JXN) Form 4 show any insider share sales?

The Form 4 does not show any insider share sales. It reports one acquisition transaction where Lily Fu Claffee received 399.4 dividend-equivalent restricted share units, increasing her compensation-based holdings without any open-market selling activity disclosed in this filing.