Raub Christopher 4

What Happened

• Christopher Raub, Executive Vice President of Jackson Financial Inc. (JXN), was granted two performance-based awards on 2026-02-02 totaling 15,427.41 units: 11,248.23 units (awarded at $0.00) and 4,179.18 units (awarded at $0.00, listed as derivative). The awards have no immediate cash cost to Raub (reported price $0.00) and are reported as awards/grants rather than open-market purchases or sales.

Key Details

• Transaction date(s): 2026-02-02; Form 4 filed 2026-02-04 (within the standard 2-business-day reporting window).
• Award amounts and values: 11,248.23 units @ $0.00; 4,179.18 units @ $0.00; total 15,427.41 units; reported $0 total consideration.
• Vesting/settlement notes:
  • 11,248.23 units (F1): Mid-cycle 2023 Performance Share Units (PSUs) that cliff vest on Sept 10, 2026 and convert 1:1 into common stock (plus accrued dividend equivalents).
  • 4,179.18 units (F2, derivative): 2023 Performance Share Unit award that cliff vests on March 10, 2026 and will settle in cash (plus accrued dividend equivalents).
  • F3 (general): each restricted stock unit represents a contingent right to receive one share of JFI common stock.
• Shares owned after transaction: not specified in the filing.
• Other: Power of Attorney on file.

Context

• These are award grants tied to prior PSU grants and performance metrics; one award will convert to actual JXN shares if performance and vesting conditions are met, while the derivative award will be paid in cash upon vesting. Awards reported at $0 reflect issuance/grant events, which are routine compensation rather than open-market insider buying or selling.