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Director at Jackson Financial (NYSE: JXN) granted 252.09 share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jackson Financial Inc. director Lawton Drew reported an automatic equity award rather than an open-market trade. On June 25, 2026, he acquired 252.09 shares of Common Stock as restricted share units credited as dividend equivalent units, at a stated price of $0.00 per share.

These dividend equivalent units are subject to the same terms and conditions as the underlying restricted share unit awards. Following this grant, Drew’s direct holdings reported in the filing total 30,066.03 shares of Common Stock.

Positive

  • None.

Negative

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Insider Lawton Drew
Role null
Type Security Shares Price Value
Grant/Award Common Stock 252.09 $0.00 --
Holdings After Transaction: Common Stock — 30,066.03 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted share units granted 252.09 shares Grant of Common Stock restricted share units on June 25, 2026
Price per share for grant $0.00 per share Reported value for the 252.09 restricted share units
Total shares after transaction 30,066.03 shares Direct Common Stock holdings following the grant
Transaction code A (Grant, award, or other acquisition) Characterizes the non-derivative acquisition of restricted share units
Transaction direction acquire Form 4 classifies the event as an acquisition, not a sale
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 financial
"received as dividend equivalent units ("DEUs") on restricted share units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
DEUs financial
"The DEUs are subject to the same terms and conditions as the underlying equity awards"
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
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Learn about SEC filing dates
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*
Lawton Drew

(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)
XDirector10% 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)
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)06/25/2026A252.09A$0.0030,066.03D
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. 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-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)

FAQ

What insider transaction did Jackson Financial Inc. (JXN) report for Lawton Drew?

Jackson Financial Inc. reported that director Lawton Drew received 252.09 shares of Common Stock as restricted share units on June 25, 2026. The units were credited as dividend equivalent units and did not involve an open-market purchase or sale.

How many Jackson Financial (JXN) shares did Lawton Drew acquire in this Form 4 filing?

Lawton Drew acquired 252.09 shares of Jackson Financial Common Stock in the form of restricted share units. These were issued as dividend equivalent units on existing equity awards, rather than bought for cash in the market.

What is the price per share for Lawton Drew’s Jackson Financial (JXN) restricted units?

The reported price per share for Lawton Drew’s 252.09 restricted share units is $0.00. This reflects a compensation-related equity award, not a market transaction where shares are purchased or sold for cash consideration.

What are dividend equivalent units (DEUs) in Jackson Financial’s (JXN) Form 4 filing?

Dividend equivalent units, or DEUs, are additional restricted share units credited to match dividends on existing equity awards. In this filing, the DEUs granted to Lawton Drew follow the same terms and conditions as the underlying restricted share unit awards.

What are Lawton Drew’s total Jackson Financial (JXN) holdings after this transaction?

After receiving 252.09 restricted share units, Lawton Drew’s direct holdings total 30,066.03 shares of Jackson Financial Common Stock. This figure, reported in the Form 4, includes the newly credited dividend equivalent units.

Does the Jackson Financial (JXN) Form 4 indicate an open-market buy or sell by Lawton Drew?

The Form 4 does not show an open-market buy or sell by Lawton Drew. It records a grant-type acquisition of 252.09 restricted share units as dividend equivalent units, categorized as a compensation-related award rather than a discretionary market trade.