Jackson Financial (JXN) officer reports dividend-equivalent RSU grants

Rhea-AI Filing Summary

Jackson Financial Inc. officer, President and CEO of PPM America, reported receiving additional common stock-based awards on 12/18/2025. The Form 4 shows three acquisitions of common stock in fractional amounts of 56.79, 89.59, and 83.14 shares at a price of $0.00 per share, reflecting dividend equivalents credited as restricted share units. Following these transactions, the reporting person beneficially owned a little over 109,000 common shares in each line item, held directly. The explanations clarify that each grant represents dividend equivalents on prior equity awards made in March 2023, March 2024, and March 2025, all subject to the same terms as those underlying awards.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Smith Craig Donald

Role President and CEO PPM America

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	56.79	$0.00	--
Grant/Award	Common Stock	89.59	$0.00	--
Grant/Award	Common Stock	83.14	$0.00	--

Holdings After Transaction: Common Stock — 109,026.79 shares (Direct)

Footnotes (1)

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, 2023. 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. 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Smith Craig Donald

(Last) (First) (Middle)

1 CORPORATE WAY

(Street)

LANSING MI 48951

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Jackson Financial Inc. [ JXN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO PPM America

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	12/18/2025		A		56.79	A	$0.00	109,026.79	D
Common Stock(2)	12/18/2025		A		89.59	A	$0.00	109,116.38	D
Common Stock(3)	12/18/2025		A		83.14	A	$0.00	109,199.52	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. 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, 2023.

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, 2024.

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, 2025.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	12/22/2025
	** 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.

FAQ

What insider activity did Jackson Financial Inc. (JXN) report in this Form 4?

The filing reports that an officer of Jackson Financial Inc. acquired additional common stock in the form of dividend-equivalent restricted share units on 12/18/2025.

How many Jackson Financial (JXN) shares were acquired in this Form 4?

The officer acquired fractional common stock amounts of 56.79, 89.59, and 83.14 shares, all credited at a price of $0.00 per share as dividend equivalents.

What is the reporting person’s role at Jackson Financial Inc. (JXN)?

The reporting person is listed as an officer of Jackson Financial Inc., serving as President and CEO PPM America.

How many Jackson Financial (JXN) shares does the insider own after these transactions?

After the reported transactions, the Form 4 shows beneficial ownership of a little over 109,000 shares of Jackson Financial common stock, held directly.

What is the nature of the restricted share units reported by Jackson Financial (JXN)?

The restricted share units are dividend equivalents tied to underlying equity awards granted on March 10, 2023, March 10, 2024, and March 10, 2025, and follow the same terms and conditions as those awards.

Were any derivative securities reported in this Jackson Financial (JXN) Form 4?

Table II for derivative securities is included but does not list any specific derivative security transactions in the provided content.