Jackson Financial (JXN) Executive VP acquires dividend-equivalent RSUs

Rhea-AI Filing Summary

Jackson Financial Inc. reported an insider equity transaction by an Executive Vice President. On 12/18/2025, the executive acquired small amounts of common stock and restricted share units at a price of $0.00 per unit as dividend equivalents tied to earlier equity grants made on March 10, 2023, September 10, 2023, March 10, 2024, March 10, 2025, and May 9, 2025. Following these awards, the executive directly beneficially owned 2,836.36 restricted share units, with updated common stock holdings shown in the filing.

SEC Form 4

FORM 4

UNITED 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

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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^*

Raub Christopher

(Last) (First) (Middle)

1 CORPORATE WAY

(Street)

LANSING MI 48951

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Jackson Financial Inc. [ JXN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	12/18/2025		A		12.53	A	$0.00	29,991.91	D
Common Stock(2)	12/18/2025		A		38.39	A	$0.00	30,030.3	D
Common Stock(3)	12/18/2025		A		39.87	A	$0.00	30,070.17	D
Common Stock(4)	12/18/2025		A		29.87	A	$0.00	30,100.04	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(5)	12/18/2025		A		20.96		(5)	(5)	Common Stock	20.96	$0.00	2,836.36	D

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 September 10, 2023.

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, 2024.

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 March 10, 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 May 9, 2025.

5. 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, 2023.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	12/22/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Jackson Financial Inc. (JXN) report in this Form 4?

An Executive Vice President of Jackson Financial Inc. reported acquiring small amounts of common stock and restricted share units on 12/18/2025 as part of dividend-equivalent awards.

What type of securities did the Jackson Financial (JXN) executive acquire?

The executive acquired common stock and restricted share units, with the Form 4 noting that these are dividend equivalents subject to the same terms and conditions as prior equity awards.

Were the Jackson Financial (JXN) insider transactions made for cash?

No. The reported acquisitions of common stock and restricted share units were at a price of $0.00 per unit, reflecting dividend-equivalent awards rather than open-market purchases.

How many restricted share units does the Jackson Financial (JXN) executive own after the transaction?

After the 12/18/2025 transaction, the Executive Vice President directly beneficially owned 2,836.36 restricted share units linked to Jackson Financial Inc. common stock.

What are the dividend equivalents mentioned in the Jackson Financial (JXN) Form 4?

The filing explains that the amounts were dividend equivalents in the form of restricted share units, subject to the same terms and conditions as the underlying equity awards granted on specific dates in 2023, 2024, and 2025.

What is the reporting person’s role at Jackson Financial Inc. (JXN)?

The reporting person is identified as an Officer of Jackson Financial Inc., serving as an Executive Vice President and filing the Form 4 as a single reporting person.