Jackson Financial (JXN) EVP adds dividend-equivalent share units in Form 4

Rhea-AI Filing Summary

Jackson Financial Inc. executive reports dividend-equivalent share units. On 12/18/2025, the company’s EVP and Chief Risk Officer reported automatic acquisitions of small amounts of Jackson Financial common stock in the form of restricted share units credited as dividend equivalents. These awards were tied to earlier equity grants made on March 10, 2023, March 10, 2024, March 10, 2025 and May 9, 2025. The units were acquired at a price of $0.00 per share, reflecting non-cash, equity-based compensation. Following these transactions, the reporting person directly beneficially owned a total of 22,839.04 shares of Jackson Financial common stock.

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

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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^*

Binioris Savvas Steve Panagiotis

(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)
	EVP and Chief Risk Officer

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		27.65	A	$0.00	22,697.88	D
Common Stock(2)	12/18/2025		A		70.4	A	$0.00	22,768.28	D
Common Stock(3)	12/18/2025		A		65.33	A	$0.00	22,833.61	D
Common Stock(4)	12/18/2025		A		5.43	A	$0.00	22,839.04	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.

4. 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 May 9, 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 transaction did Jackson Financial Inc. (JXN) report on this Form 4?

The filing shows the EVP and Chief Risk Officer acquired Jackson Financial Inc. common stock in the form of restricted share units credited as dividend equivalents on 12/18/2025.

How many Jackson Financial (JXN) shares does the executive own after this transaction?

After the reported dividend-equivalent awards, the executive directly beneficially owned 22,839.04 shares of Jackson Financial Inc. common stock.

Did the Jackson Financial (JXN) executive pay cash for these Form 4 share acquisitions?

No. The restricted share units were acquired as dividend equivalents at a reported price of $0.00 per share, reflecting non-cash equity compensation.

What is the role of the reporting person in Jackson Financial Inc. (JXN)?

The reporting person is an officer of Jackson Financial Inc., serving as EVP and Chief Risk Officer, as indicated in the filing.

What are dividend-equivalent restricted share units in the Jackson Financial (JXN) filing?

Dividend equivalents are additional restricted share units credited to the executive so that the awards reflect dividends paid on the underlying stock, subject to the same terms and conditions as the original equity grants.

Which prior equity grant dates are referenced in this Jackson Financial (JXN) Form 4?

The dividend-equivalent restricted share units relate to underlying equity granted on March 10, 2023, March 10, 2024, March 10, 2025 and May 9, 2025.