[Form 4] Jackson Financial Inc. Insider Trading Activity

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.

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

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

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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).

1. Name and Address of Reporting Person^*

Durant Gregory T

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

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)	09/25/2025		A		214.78	A	$0.00	35,144.49	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. These shares reflect additional restricted share units received as dividend equivalent units ("DEUs") on restricted share units and unvested restricted stock. 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-Fact	09/29/2025
	** 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 transaction did Gregory T. Durant report on Form 4 for JXN?

He reported the acquisition of 214.78 dividend-equivalent restricted share units on 09/25/2025 at a reported price of $0.00.

How many JXN shares does the reporting person beneficially own after the transaction?

The Form 4 shows beneficial ownership of 35,144.49 shares following the reported transaction.

What are the acquired shares described as in the filing?

The filing states they are dividend equivalent units (DEUs) credited on restricted share units and unvested restricted stock and subject to the same terms as the underlying awards.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Kristan L. Richardson, as Attorney-in-Fact, on 09/29/2025.

Is there any indication these were open-market purchases or sales?

No. The filing records the shares as DEUs credited on existing awards at a price of $0.00, not an open-market trade.