Key facts
- This page summarizes Devkumar Dilip Ganguly's Form 4 filing for Jackson Financial Inc. (JXN).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 May 2022, 18:47.
Devkumar Dilip Ganguly - 19 Apr 2022 Form 4 Insider Report for Jackson Financial Inc. (JXN)
- Reporting relationship
- EVP & Chief Operating Officer
- Issuer ticker
- JXN
- Reported as of
- 19 Apr 2022
- Net transaction value
- +$306,000
- SEC form
- 4
- Accepted by SEC
- 17 May 2022, 18:47:02 UTC
- Prior SEC filing
- 05 Apr 2022
- Next SEC filing
- 21 Jun 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kristan L. Richardson, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Devkumar Dilip Ganguly filed Form 4 for Jackson Financial Inc. (JXN) on 17 May 2022.
Change
- Previous filing in this sequence was filed on 05 Apr 2022.
- Current net transaction value: +$306,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
JXN
transaction
Common Stock
Gift
- Transaction value
- $0
- Shares
- -13,640
- Change %
- -14%
- Price
- $0.000000
- Shares after
- 86,609
- Date
- 19 Apr 2022
- Ownership
- Direct
- Footnotes
- F1
JXN
transaction
Common Stock
Purchase
- Transaction value
- $306,000
- Shares
- +10,000
- Change %
- +13%
- Price
- $30.60
- Shares after
- 86,529
- Date
- 13 May 2022
- Ownership
- Direct
- Footnotes
- F3, F4, F5
JXN
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1
- Date
- 19 Apr 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
JXN
holding
Derivative
Restricted Share Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,081
- Date
- 19 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 10,081
- Exercise price
- $0.000000
- Footnotes
- F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Mr. Ganguly transferred 13,640 shares of Jackson Financial Inc. ("JFI") common stock to a Joint Brokerage Account held in both Mr. Ganguly's and spouse's name as joint owners.
Footnote F2
Reflects JFI shares of common stock remaining in original account prior to the transfer described in Footnote 1.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions ranging from $30.43 to $30.75, inclusive. Mr. Ganguly undertakes to provide to Jackson Financial Inc., any security holder of Jackson Financial Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in this Footnote 3.
Footnote F4
The total amount beneficially owned reflects both (1) the addition of 10,000 shares purchased in the open market on May 13, 2022, and (2) a removal from Table I to Table II of common stock underlying 10,080.57 Restricted Stock Units ("RSUs") that were acquired upon the October 4, 2021 grant of converted unvested Prudential plc Restricted Stock. One hundred percent (100%) of the RSUs previously were reported in Table I on March 14, 2022, based on an understanding that the RSUs were to settle upon vesting only in shares. It has since been clarified that only 75% of the total number of RSUs acquired in October 2021 will settle in shares upon vesting, and the remaining 25% of the RSUs will be paid out in cash upon vesting. The 25% of the RSUs that will be paid out in cash upon vesting is now properly reported in Table II, instead of Table I. These RSUs cliff vest on April 9, 2023.
Footnote F5
Shares held in a Joint Brokerage Account in both Mr. Ganguly's and spouse's name as joint owners.
Footnote F6
Reflects the portion of Restricted Share Units ("RSUs") previously reported on Table I in a Form 4 filed on March 14, 2022 that are settled in cash as described in Footnote 4 above.
SEC remarks
Power of Attorney on file.