Director Gregory Durant receives 1,727 JXN RSUs in 2026-2027 compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Durant Gregory T reported acquisition or exercise transactions in this Form 4 filing.
Jackson Financial Inc. director Gregory T. Durant received an equity award through restricted share units. He was granted 1,727 shares of Common Stock on June 1, 2026 as part of the 2026-2027 Annual Director Compensation, at no cash purchase price.
The award consists of RSUs that cliff vest on June 1, 2027, or at the next Annual Meeting of Shareholders, whichever happens first. Once vested and upon the end of his board service, the RSUs will settle into common stock on a one-for-one basis, with any fractional share paid in cash. Following this grant, Durant directly holds 37,313.94 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Durant Gregory T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,727 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,313.94 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,727 shares
Post-transaction holdings: 37,313.94 shares
Transaction price: $0.0000 per share
+2 more
5 metrics
RSUs granted
1,727 shares
Restricted share units granted June 1, 2026
Post-transaction holdings
37,313.94 shares
Common stock directly held after grant
Transaction price
$0.0000 per share
Equity award, no cash paid by director
Transaction code
A
Grant, award, or other acquisition of non-derivative security
Vesting date
June 1, 2027
Cliff vesting or earlier next Annual Meeting of Shareholders
Key Terms
restricted share units ("RSUs"), cliff vest, Annual Director Compensation, settle in shares of common stock
4 terms
cliff vest financial
"The RSUs cliff vest on June 1, 2027, or the next Annual Meeting of Shareholders, whichever occurs earlier."
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
Annual Director Compensation financial
"granted on June 1, 2026, as part of the 2026-2027 Annual Director Compensation."
FAQ
What insider transaction did Jackson Financial Inc. (JXN) report for Gregory T. Durant?
Jackson Financial Inc. reported that director Gregory T. Durant received 1,727 restricted share units as equity compensation. The grant is part of the 2026-2027 Annual Director Compensation and increases his direct holdings to 37,313.94 common shares after the transaction.
Is Gregory T. Durant’s Jackson Financial (JXN) Form 4 transaction a market purchase or a compensation grant?
The filing shows a compensation-related grant rather than a market purchase. Code “A” and the footnote describe an award of 1,727 restricted share units under the 2026-2027 Annual Director Compensation program, with no cash price per share listed for the transaction.