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Jackson Financial (NYSE: JXN) EVP adds dividend-equivalent stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jackson Financial Inc. executive Savvas Steve Panagiotis Binioris, EVP and Chief Risk Officer, reported several small share awards tied to prior equity grants. On March 26, 2026, he acquired multiple lots of common-stock dividend equivalents in the form of restricted share units at no cost. These awards relate to underlying equity granted on March 10, 2024, March 10, 2025, May 9, 2025, and March 10, 2026, and increased his directly held common stock to 36,889.32 shares.

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Insider Binioris Savvas Steve Panagiotis
Role EVP and Chief Risk Officer
Type Security Shares Price Value
Grant/Award Common Stock 40.46 $0.00 --
Grant/Award Common Stock 50.07 $0.00 --
Grant/Award Common Stock 6.24 $0.00 --
Grant/Award Common Stock 41.08 $0.00 --
Holdings After Transaction: Common Stock — 36,791.93 shares (Direct)
Footnotes (1)
  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. 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. 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. 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.
Dividend-equivalent award 1 40.4600 shares Common stock grant on March 26, 2026
Dividend-equivalent award 2 50.0700 shares Common stock grant on March 26, 2026
Dividend-equivalent award 3 6.2400 shares Common stock grant on March 26, 2026
Dividend-equivalent award 4 41.0800 shares Common stock grant on March 26, 2026
Holdings after transactions 36,889.3200 shares Direct common stock after March 26, 2026 awards
dividend equivalents financial
"Acquired dividend equivalents in the form of restricted share units"
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
"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.
underlying equity granted financial
"as the underlying equity granted to the reporting person on March 10, 2024"
Chief Risk Officer financial
"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.
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)
03/26/2026
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)03/26/2026A40.46A$0.0036,791.93D
Common Stock(2)03/26/2026A50.07A$0.0036,842D
Common Stock(3)03/26/2026A6.24A$0.0036,848.24D
Common Stock(4)03/26/2026A41.08A$0.0036,889.32D
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-Fact03/30/2026
** 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)

FAQ

What did JXN EVP Savvas Binioris report in this Form 4?

He reported receiving several small awards of Jackson Financial common stock as dividend equivalents in restricted share units. These awards are linked to earlier equity grants and represent routine, compensation-related acquisitions rather than open-market purchases or sales.

How many Jackson Financial (JXN) shares does the insider hold after these awards?

After the reported March 26, 2026 transactions, the EVP and Chief Risk Officer directly holds 36,889.32 shares of Jackson Financial common stock. This figure includes the newly acquired dividend-equivalent restricted share units added to his existing equity position.

What type of securities did the JXN executive acquire in this filing?

He acquired common stock in the form of dividend equivalents credited as restricted share units. These restricted share units carry the same terms and conditions as the underlying equity awards previously granted to him by Jackson Financial on specific past grant dates.

Are the JXN insider transactions open-market buys or routine equity awards?

The transactions are routine equity-related awards, not open-market purchases. They are coded as grants or awards, representing dividend equivalents on prior restricted share unit grants, all at a transaction price of $0.00 per share to the reporting executive.

Which prior equity grants at Jackson Financial generated these dividend equivalents?

The dividend-equivalent restricted share units are tied to underlying equity granted to the executive on March 10, 2024, March 10, 2025, May 9, 2025, and March 10, 2026. Each prior grant produced additional units when Jackson Financial paid dividends.

Does this JXN Form 4 show any insider sales or disposals of shares?

No, the Form 4 only shows acquisitions coded as grants or awards. The transaction summary indicates four acquisition entries, with no reported sales, disposals, exercises, gifts, or tax-withholding transactions in this particular filing for the reporting person.
Jackson Financial Inc

NYSE:JXN

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LANSING