Jackson Financial (JXN) director granted 921 dividend-equivalent restricted share units

Rhea-AI Filing Summary

KANDARIAN STEVEN A reported acquisition or exercise transactions in this Form 4 filing.

Jackson Financial Inc. director Steven A. Kandarian reported receiving an award of 921.27 shares of Common Stock in the form of additional restricted share units. These units were credited as dividend equivalent units on existing restricted share units and are subject to the same terms and conditions as the original equity awards. Following this grant, Kandarian directly holds 109,364.68 shares of Jackson Financial Inc. common stock.

Insider Trade Summary

Net Buyer: 921.27 shares

Net Buy 1 txn

Insider KANDARIAN STEVEN A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	921.27	$0.00	$0.00

Holdings After Transaction: Common Stock — 109,364.68 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Equity award granted: 921.27 shares Shares held after transaction: 109,364.68 shares Price per share for grant: $0.0000 per share

3 metrics

Equity award granted 921.27 shares Restricted share units credited as dividend equivalent units on RSUs

Shares held after transaction 109,364.68 shares Common Stock directly owned by Steven A. Kandarian after grant

Price per share for grant $0.0000 per share Indicates non-cash equity award rather than open-market purchase

Key Terms

restricted share units, dividend equivalent units, DEUs, grant, award, or other acquisition

4 terms

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, or other acquisition financial

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/30/2026 - 12:31 PM Learn about SEC filing dates

FAQ

What insider transaction did Jackson Financial Inc. (JXN) report for Steven A. Kandarian?

Jackson Financial Inc. reported that director Steven A. Kandarian received 921.27 shares of Common Stock as an equity award. These were granted as additional restricted share units credited as dividend equivalent units on existing restricted share units.

How many Jackson Financial Inc. (JXN) shares does Steven A. Kandarian hold after this Form 4?

After the reported transaction, Steven A. Kandarian directly holds 109,364.68 shares of Jackson Financial Inc. Common Stock. This figure reflects his position following the award of 921.27 additional restricted share units credited as dividend equivalent units.

What are dividend equivalent units (DEUs) in the Jackson Financial Inc. (JXN) Form 4?

Dividend equivalent units, or DEUs, are additional restricted share units credited in respect of dividends on existing awards. For Jackson Financial Inc., Kandarian received DEUs on his restricted share units, and these DEUs follow the same terms and conditions as the underlying equity awards.

Was the Jackson Financial Inc. (JXN) Form 4 transaction a purchase or a grant?

The Jackson Financial Inc. Form 4 reports a grant or award acquisition, not an open-market purchase. Steven A. Kandarian received 921.27 restricted share units as a non-cash equity award in the form of dividend equivalent units on existing restricted share units.

Does the Jackson Financial Inc. (JXN) Form 4 involve derivative securities or options?

The reported Form 4 transaction involves non-derivative Common Stock in the form of restricted share units. The derivative summary is empty, indicating no option or other derivative exercises were reported in this particular filing for Jackson Financial Inc.

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^*

KANDARIAN STEVEN A

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

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)	03/26/2026		A		921.27	A	$0.00	109,364.68	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. 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	03/30/2026
	** 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)