Anderson Craig A. 4
Research Summary
AI-generated summary
Jackson Financial SVP Craig Anderson Receives Performance Award
What Happened
Craig A. Anderson, SVP and Controller of Jackson Financial (JXN), reported receipt of 2,111.64 derivative share units on February 2, 2026. The transaction is reported as an award/grant (code A) at a $0 acquisition price (reported value $0). These units reflect performance-based awards tied to the 2023 Performance Share Unit program.
Key Details
- Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (filing appears timely).
- Amount: 2,111.64 units; reported price: $0.00; transaction type: Award/Grant (derivative).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — units earned based on 2023 PSU performance metrics; cliff vest March 10, 2026 and require continued employment. Upon vesting, the award will settle in cash. F2 — each restricted share unit represents a contingent right to one share of JFI common stock.
- Remarks: Power of Attorney on file.
Context
This was a performance-based compensation award, not an open-market purchase or sale. For retail investors, such awards reflect pay-for-performance at the company rather than an insider buying or selling stock; they will convert to cash on the stated vesting date (subject to vesting conditions), so they do not immediately change insider shareholdings on a stock-for-stock basis.