Devkumar Dilip Ganguly - 10 Mar 2024 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Role
EVP & Chief Operating Officer
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Issuer symbol
JXN
Transactions as of
10 Mar 2024
Net transactions value
-$211,324
Form type
4
Filing time
12 Mar 2024, 16:33:58 UTC
Previous filing
05 Feb 2024
Next filing
25 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Tax liability $111,152 -1,884 -1.7% $59.00 111,709 10 Mar 2024 Direct F1
transaction JXN Common Stock Tax liability $100,171 -1,698 -1.5% $59.00 110,012 10 Mar 2024 Direct F2
transaction JXN Common Stock Award $0 +8,409 +7.6% $0.000000 118,421 10 Mar 2024 Direct F3
* 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 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.
F3 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.

Remarks:

Power of Attorney on file.