Director Derek G. Kirkland receives 1,727 JXN RSUs as annual compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kirkland Derek G reported acquisition or exercise transactions in this Form 4 filing.
Jackson Financial Inc. director Derek G. Kirkland reported an equity compensation grant rather than an open-market trade. He was awarded 1,727 restricted share units (RSUs) of common stock on June 1, 2026 as part of the company’s 2026–2027 annual director compensation program. These RSUs cliff vest on June 1, 2027, or at the next Annual Meeting of Shareholders, whichever happens first. Once vested, the RSUs will settle into common shares on a 1:1 basis, with any fractional share paid in cash. After this award, Kirkland directly holds 36,286.91 shares of Jackson Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kirkland Derek G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,727 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 36,286.91 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,727 RSUs
Shares held after grant: 36,286.91 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSUs granted
1,727 RSUs
Awarded June 1, 2026 as 2026–2027 Annual Director Compensation
Shares held after grant
36,286.91 shares
Direct holdings of common stock following the RSU award
Grant price
$0.00 per share
Equity compensation award, not an open-market purchase
RSU vesting date
June 1, 2027
Cliff vests then or at the next Annual Meeting, whichever earlier
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 did Derek G. Kirkland report in his latest Jackson Financial (JXN) Form 4?
Derek G. Kirkland reported receiving 1,727 restricted share units (RSUs) of Jackson Financial common stock as director compensation. The grant carries no purchase price and reflects an equity award, not an open-market stock purchase or sale.
When do Derek G. Kirkland’s newly granted Jackson Financial (JXN) RSUs vest?
The 1,727 RSUs granted to Derek G. Kirkland cliff vest on June 1, 2027, or at the next Annual Meeting of Shareholders, whichever occurs earlier. Vesting is required before the RSUs convert into common shares.
How will Derek G. Kirkland’s Jackson Financial (JXN) RSUs settle once vested?
Once vested, Derek G. Kirkland’s RSUs will settle in shares of Jackson Financial common stock on a 1:1 basis. Any fractional share from the settlement will be paid out in cash rather than as partial stock.
Was Derek G. Kirkland’s Jackson Financial (JXN) Form 4 transaction an open-market stock purchase?
No. The filing shows a grant of 1,727 restricted share units as compensation, with a per-share price of $0.00. It records an award acquisition, not an open-market purchase or sale of Jackson Financial shares.