Scott Romine - Jun 18, 2024 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Stock symbol
JXN
Transactions as of
Jun 18, 2024
Transactions value $
-$854,520
Form type
4
Date filed
6/20/2024, 04:12 PM
Previous filing
May 16, 2024
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Sale -$855K -12K -13.28% $71.21 78.4K Jun 18, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 These shares were sold by the Scott Romine & Penny Romine, TTEE Eleven D Six Trust U/A 08/25/23, to which the reporting person contributed 2,439 shares of JFI common stock on October 4, 2023, and 22,131 shares of JFI common stock on April 9, 2023. The trust's sales were effected pursuant to instructions given to the trustee by the reporting person on March 19, 2024, in accordance with Rule 10b5-1.
F2 Shares were sold in multiple transactions, each transaction at $71.21. The reporting person undertakes to provide, upon request by Jackson Financial Inc., any security holder of Jackson Financial Inc., or the staff of the U.S. Securities and Exchange Commission, full information regarding the number of shares sold at the price set forth in this footnote.

Remarks:

Power of Attorney on file.