Jackson Financial (JXN) EVP receives dividend-equivalent restricted share units
Rhea-AI Filing Summary
Jackson Financial Inc. executive Savvas Steve Panagiotis Binioris, EVP and Chief Risk Officer, reported compensation-related share awards rather than open-market trades. On June 25, 2026, he acquired four small amounts of Common Stock at $0.00 per share, recorded as grant or award acquisitions.
Footnotes explain these awards are dividend equivalents granted in the form of restricted share units that follow the same terms as prior equity grants made to him on March 10, 2024, March 10, 2025, May 9, 2025, and March 10, 2026. These entries reflect routine equity-based compensation rather than discretionary buying or selling of JXN stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 136.27 shares
Net Buy
4 txns
Insider
Binioris Savvas Steve Panagiotis
Role
EVP and Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40.62 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 50.25 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4.17 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 41.23 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 36,921.75 shares (Direct)
Footnotes (4)
- 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.
- 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 March 10, 2025.
- 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 May 9, 2025.
- 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
Award 1 shares: 41.2300 shares
Award 2 shares: 4.1700 shares
Award 3 shares: 50.2500 shares
+2 more
5 metrics
Award 1 shares
41.2300 shares
Common Stock grant on June 25, 2026
Award 2 shares
4.1700 shares
Common Stock grant on June 25, 2026
Award 3 shares
50.2500 shares
Common Stock grant on June 25, 2026
Award 4 shares
40.6200 shares
Common Stock grant on June 25, 2026
Grant price
$0.0000 per share
All four Common Stock award entries
Key Terms
dividend equivalents, restricted share units, Grant, award, or other acquisition, Chief Risk Officer
4 terms
dividend equivalents financial
"Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity"
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""
Chief Risk Officer financial
"officer_title": "EVP and Chief Risk Officer""
The chief risk officer is the senior executive responsible for identifying, measuring and reducing the major threats that could hurt a company’s finances or reputation, acting like a navigator who watches for storms and steers the business away from them. Investors care because effective risk oversight lowers the chance of surprise losses, legal fines or operational failures, which helps protect shareholder value and makes a company more predictable and trustworthy.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Jackson Financial (JXN) report for Savvas Binioris?
Jackson Financial reported that EVP and Chief Risk Officer Savvas Binioris acquired small amounts of common stock on June 25, 2026 as equity awards. These were recorded as grant or award acquisitions, not open-market purchases or sales, and reflect routine compensation-related activity.
Were the Jackson Financial (JXN) insider awards open-market purchases or sales?
No, the reported transactions are not open-market trades. Each transaction is coded as “A” for grant, award, or other acquisition, with a transaction price per share of $0.0000. This indicates compensation-related share units rather than discretionary buying or selling in the public market.
What role does the reporting person hold at Jackson Financial (JXN)?
The reporting person, Savvas Steve Panagiotis Binioris, serves as Executive Vice President and Chief Risk Officer at Jackson Financial Inc. The Form 4 reflects equity-based compensation tied to his executive role rather than investment-driven stock purchases or sales.