Don W. Cummings - Mar 10, 2024 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
SVP and CAO
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Mar 10, 2024
Transactions value $
-$197,340
Form type
4
Date filed
3/12/2024, 04:33 PM
Previous filing
Feb 5, 2024
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Tax liability -$35.5K -602 -1.74% $59.00 34.1K Mar 10, 2024 Direct F1
transaction JXN Common Stock Tax liability -$121K -2.06K -6.04% $59.00 32K Mar 10, 2024 Direct F2
transaction JXN Common Stock Tax liability -$40.5K -686 -2.14% $59.00 31.3K Mar 10, 2024 Direct F3
transaction JXN Common Stock Award $0 +8.77K +27.99% $0.00 40.1K Mar 10, 2024 Direct F4
transaction JXN Common Stock Award $0 +8.95K +22.32% $0.00 49K Mar 10, 2024 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay the reporting person's tax withholding obligation, upon vesting of the second tranche of the 2022 Restricted Share Units ("RSUs"). Upon vesting, net shares were distributed and related fractional shares were applied to cover the tax obligation for the reporting person.
F2 Shares withheld to pay the reporting person's tax withholding obligation, upon vesting of 50% of the 2023 Retention Award of Restricted Share Units ("RSUs"). Upon vesting, net shares were distributed and related fractional shares were applied to cover the tax obligation for the reporting person.
F3 Shares withheld to pay the reporting person's tax withholding obligation, upon vesting of the first tranche of the 2023 Restricted Share Units ("RSUs"). Upon vesting, net shares were distributed and related fractional shares were applied to cover the tax obligation for the reporting person.
F4 March 10, 2024 annual award of Restricted Share Units ("RSUs") that vest in three installments, where the first third vests on the one-year anniversary of the grant date, March 10, 2025, the next third vests on the two-year anniversary of the grant date, March 10, 2026, and the remainder vests on the three-year anniversary of the grant date, March 10, 2027.
F5 March 10, 2024 Retention award of Restricted Share Units ("RSUs") that vest over two years in two installments, where the first half vests on the one-year anniversary of the grant date, March 10, 2025, and the remainder vests on the two-year anniversary of the grant date, March 10, 2026.

Remarks:

Power of Attorney on file.