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Jackson Financial (JXN) EVP receives dividend-equivalent restricted share units

(Neutral)
(Neutral)
Form Type
4

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

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Negative

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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)
  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 March 10, 2025.
  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 May 9, 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.
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
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.
restricted share units financial
"dividend equivalents in the form of restricted share units that are subject to the same terms and conditions"
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.
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.

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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.

How many Jackson Financial (JXN) shares were granted to the EVP on June 25, 2026?

The filing shows four separate grants of Jackson Financial common stock: 41.2300 shares, 4.1700 shares, 50.2500 shares, and 40.6200 shares. Each entry is categorized as a grant or award acquisition at a price of $0.0000 per share, indicating compensation-related share units.

What are the dividend-equivalent restricted share units in the Jackson Financial (JXN) Form 4?

The dividend-equivalent awards are restricted share units credited instead of cash dividends on prior equity grants. Footnotes state they are dividend equivalents subject to the same terms and conditions as underlying equity granted to the reporting person on March 10, 2024, March 10, 2025, May 9, 2025, and March 10, 2026.

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.
SEC Form 4
FORM 4UNITED 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*
Binioris Savvas Steve Panagiotis

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/25/2026A40.62A$0.0036,826.1D
Common Stock(2)06/25/2026A50.25A$0.0036,876.35D
Common Stock(3)06/25/2026A4.17A$0.0036,880.52D
Common Stock(4)06/25/2026A41.23A$0.0036,921.75D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 March 10, 2025.
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 May 9, 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-Fact06/29/2026
** Signature of Reporting PersonDate
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)