JXN Form 4: Director Gregory Durant Credited 214.78 DEUs, Ownership Updated
Rhea-AI Filing Summary
Gregory T. Durant, a director of Jackson Financial Inc. (JXN), reported an acquisition of dividend-equivalent restricted share units on 09/25/2025. The Form 4 shows 214.78 shares were added at a reported price of $0.00, increasing his beneficial ownership to 35,144.49 shares held directly. The filing states these shares are dividend equivalent units (DEUs) credited on existing restricted share units and unvested restricted stock and remain subject to the same terms as the underlying awards. A power of attorney is on file and the form was signed by an attorney-in-fact on 09/29/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine issuance of dividend-equivalent units increased a director's direct ownership by 214.78 shares to 35,144.49 shares.
This Form 4 documents a non-cash issuance of 214.78 dividend-equivalent restricted share units credited at $0.00, consistent with equity award administration rather than open-market trading. The incremental change is small relative to a typical publicly traded bank holding company and reflects compensation mechanics rather than a discrete purchase or sale.
TL;DR: Insider filing shows standard DEU accrual on outstanding restricted awards; governance disclosure appears complete.
The disclosure specifies the nature of the units (DEUs) and that they follow the terms of underlying awards. The use of a registered attorney-in-fact to sign the Form 4 and the note that a power of attorney is on file are standard administrative details that support filing validity.