Jackson Financial director granted 1,727 RSUs
Jackson Financial Inc. director Lawton Drew received an equity award as part of the 2026-2027 annual director compensation program.
Rhea-AI Filing Summary
Jackson Financial Inc. director Lawton Drew received an equity award as part of the 2026-2027 annual director compensation program. He acquired 1,727 restricted share units (RSUs) on common stock at a stated price of $0.00 per share, reflecting a non-cash grant rather than an open-market purchase.
The RSUs cliff vest on June 1, 2027, or at the next annual meeting of shareholders, whichever comes first. Once vested and upon the end of his board service, the RSUs will settle into an equivalent number of common shares on a 1-for-1 basis, with any fractional share paid in cash. After this award, Drew directly holds 29,813.94 shares of Jackson Financial common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,727 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects award of restricted share units ("RSUs") granted on June 1, 2026, as part of the 2026-2027 Annual Director Compensation. The RSUs cliff vest on June 1, 2027, or the next Annual Meeting of Shareholders, whichever occurs earlier. Upon the reporting person's end of service, vested RSUs will settle in shares of common stock on a 1:1 basis and any fractional share will be paid out in cash.
Key Figures
Key Terms
cliff vest financial
Annual Director Compensation financial
FAQ
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What insider transaction did Jackson Financial (JXN) report for director Lawton Drew?
When do Lawton Drew’s Jackson Financial (JXN) RSUs vest?
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Was cash paid for Lawton Drew’s Jackson Financial (JXN) RSU grant?
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