Chelko Carrie 4

What Happened
Carrie Chelko, Executive Vice President and General Counsel of Jackson Financial (JXN), was granted 25,922.67 performance share units (PSUs) on 2026-02-02. The filing reports an acquisition at $0.00 (award), and the PSUs will convert 1:1 into common stock if performance and employment conditions are met. This award is a grant (not a market purchase or sale).

Key Details

• Transaction date: 2026-02-02; Form 4 filed 2026-02-04 (timely filing).
• Transaction type: A = Award/Grant. Reported acquisition: 25,922.67 shares at $0.00 (value shown as $0 in filing).
• Vesting/conditions: Footnote states these PSUs were earned based on the 2023 PSU award performance metrics and cliff vest on March 10, 2026, subject to continued employment; PSUs convert 1:1 into common stock and include accrued dividend equivalents.
• Shares owned after transaction: Not specified in the filing.
• Other remarks: Power of attorney on file.

Context
This is a performance-based equity award (common for executive compensation) rather than an open-market buy or sale. Because vesting is conditional and occurs on a future cliff date, the award does not indicate an immediate change in tradable share ownership.