JXN CFO granted dividend‑equivalent RSU awards

Jackson Financial Inc. EVP and CFO Don W. Cummings reported four acquisitions of common stock on June 25, 2026, all coded as awards.

Rhea-AI Filing Summary

Jackson Financial Inc. EVP and CFO Don W. Cummings reported four acquisitions of common stock on June 25, 2026, all coded as awards. These cover 73.29, 54.92, 32.09 and 25.83 shares as dividend equivalents in the form of restricted share units. The dividend equivalents follow the same terms as underlying equity grants previously made on March 10, 2024, September 10, 2024, March 10, 2025 and March 10, 2026.

Insider Trade Summary

Grant/Award: 186.13 shares

Grant/Award 4 txns

Insider Cummings Don W

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	25.83	$0.00	$0.00
Grant/Award	Common Stock	32.09	$0.00	$0.00
Grant/Award	Common Stock	54.92	$0.00	$0.00
Grant/Award	Common Stock	73.29	$0.00	$0.00

Holdings After Transaction: Common Stock — 72,715.45 shares (Direct)

Footnotes (4)

1. F1. 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.
2. F2. 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 September 10, 2024.
3. F3. 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. F4. 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, 2026.

Key Figures

Awarded shares: 73.29 shares Awarded shares: 54.92 shares Awarded shares: 32.09 shares +1 more

4 metrics

Awarded shares 73.29 shares Common stock grant coded as award on June 25, 2026

Awarded shares 54.92 shares Common stock grant coded as award on June 25, 2026

Awarded shares 32.09 shares Common stock grant coded as award on June 25, 2026

Awarded shares 25.83 shares Common stock grant coded as award on June 25, 2026

Key Terms

restricted share units, dividend equivalents, Grant, award, or other acquisition

3 terms

restricted share units financial

"dividend equivalents in the form of restricted share units that are subject to the same terms"

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 equivalents financial

"Acquired dividend equivalents in the form of restricted share units that are subject to the same terms"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did JXN EVP and CFO Don W. Cummings report in this Form 4?

Don W. Cummings reported receiving multiple small awards of Jackson Financial common stock. These were granted as dividend equivalents in the form of restricted share units that mirror prior equity awards, rather than open‑market purchases or sales, and reflect routine compensation-related activity.

How many Jackson Financial (JXN) shares were awarded to the CFO?

The Form 4 shows four separate stock awards: 73.29, 54.92, 32.09 and 25.83 shares. Each represents dividend equivalents granted as restricted share units tied to earlier equity awards, rather than a single large transaction or a market trade by the executive.

What is the nature of the JXN awards reported by the CFO?

All transactions are coded "A" for grant, award, or other acquisition of common stock. They represent dividend equivalents credited as restricted share units, carrying the same terms and conditions as the underlying equity awards previously granted to Don W. Cummings.

Were the JXN CFO’s transactions open-market buys or sells?

No, the filing does not show any open-market purchases or sales. Instead, it records compensation-related acquisitions coded as grants, reflecting dividend equivalents in restricted share units that correspond to earlier equity grants made on specific past dates.

Which prior equity grants are linked to these JXN dividend equivalents?

The dividend-equivalent restricted share units are tied to underlying equity granted to Don W. Cummings on March 10, 2024, September 10, 2024, March 10, 2025 and March 10, 2026. Each new award follows the same terms and conditions as its related grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/29/2026 - 03:14 PM Learn about SEC filing dates

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

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^*

Cummings Don W

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	06/25/2026		A		25.83	A	$0.00	72,555.15	D
Common Stock(2)	06/25/2026		A		32.09	A	$0.00	72,587.24	D
Common Stock(3)	06/25/2026		A		54.92	A	$0.00	72,642.16	D
Common Stock(4)	06/25/2026		A		73.29	A	$0.00	72,715.45	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, 2024.

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 September 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 March 10, 2026.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	06/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)