Director at Jackson Financial (NYSE: JXN) granted 252.09 share units
Filing Impact
Filing Sentiment
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Restricted share units granted: 252.09 shares
Price per share for grant: $0.00 per share
Total shares after transaction: 30,066.03 shares
+2 more
5 metrics
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
Key Terms
restricted share units, dividend equivalent units, DEUs, grant/award acquisition
4 terms
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""
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.
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.