Key facts
- This page summarizes Mark D. Nerud's Form 4 filing for Jackson Financial Inc. (JXN).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 28 Mar 2023, 08:54.
Mark D. Nerud - 02 Feb 2022 Form 4 Insider Report for Jackson Financial Inc. (JXN)
- Reporting relationship
- President and CEO of JNAM
- Issuer ticker
- JXN
- Reported as of
- 02 Feb 2022
- Net transaction value
- -$635,347
- SEC form
- 4
- Accepted by SEC
- 28 Mar 2023, 08:54:35 UTC
- Prior SEC filing
- 13 Dec 2021
- Next SEC filing
- 24 Mar 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
Mark D. Nerud filed Form 4 for Jackson Financial Inc. (JXN) on 28 Mar 2023.
Change
- Previous filing in this sequence was filed on 13 Dec 2021.
- Current net transaction value: -$635,347.
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
Options Exercise
- Transaction value
- $0
- Shares
- +7,352
- Change %
- +20%
- Price
- $0.000000
- Shares after
- 44,366
- Date
- 02 Feb 2022
- Ownership
- Direct
- Footnotes
- F1, F3
JXN
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $317,673
- Shares
- -7,352
- Change %
- -17%
- Price
- $43.21
- Shares after
- 37,014
- Date
- 02 Apr 2022
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
JXN
transaction
Derivative
Restricted Share Units
Award
- Transaction value
- $0
- Shares
- +7,352
- Change %
- Price
- $0.000000
- Shares after
- 7,352
- Date
- 02 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,352
- Exercise price
- Footnotes
- F1, F3
JXN
transaction
Derivative
Restricted Share Units
Options Exercise
- Transaction value
- $317,673
- Shares
- -7,352
- Change %
- -100%
- Price
- $43.21
- Shares after
- 0
- Date
- 02 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,352
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Mark D. Nerud is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Reflects the acquisition of cash-settled units earned based on achievement of performance metrics of the 29,023 Jackson Financial Inc. Performance Share Units ("PSUs"), which were converted from the 2019 PLTIP PSUs on October 4, 2021. All of the earned units vested on April 2, 2022. The previously filed Form 4 failed to report the acquisition of the cash-settled earned units, and reported the acquisition of only the 75% of share-settled earned units.
Footnote F2
Reflects the cash settlement of 25% of the converted units that were earned on February 2, 2022, and vested on April 2, 2022.
Footnote F3
The reported number, 7,351.85, does not reflect the total of (a) the number of earned "restricted share units" settled in cash, and (b) dividend equivalents from December 2021 and March 2022, all of which vested on April 2, 2022. On March 24, 2022, we erroneously over-reported 90.62 dividend equivalents distributed on the earned 22,054.54 "restricted share units" (75% settled in shares) in Table I that should have been reported on the same date but in Table II on the earned 7,351.85 "restricted share units" (25% settled in cash). Despite the incorrect reporting in Table I, upon vesting, the 90.62 dividend equivalents settled in cash, not shares.
SEC remarks
Power of Attorney on file.