Jackson Financial Inc.·4

Mar 12, 4:21 PM ET

Prieskorn Laura Louene 4

4 · Jackson Financial Inc. · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

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Jackson Financial (JXN) CEO Laura Prieskorn Withholds Shares for Taxes

What Happened

  • Laura Louene Prieskorn, CEO, President and Director of Jackson Financial (JXN), had 86,106.21 shares withheld on March 10, 2026 to cover tax withholding related to vesting equity awards. The withheld shares were recorded as disposals at $108.87 per share for a total cash value of $9,374,384 (sum of $1,004,753; $7,034,691; $809,623; $525,317). On the same date she was granted 29,548 restricted share units (RSUs) at $0.00 (a standard equity award), which vest 1:1 in three equal tranches beginning on the first anniversary.

Key Details

  • Transaction date: 2026-03-10; withholding price reported: $108.87 per share.
  • Shares withheld (tax withholding/disposals): 86,106.21 shares, total value $9,374,384.
    • Breakdown: 9,228.92; 64,615.51; 7,436.6; 4,825.18 (each withheld to cover tax on specific vesting tranches).
  • Grant: 29,548 RSUs (March 10, 2026 annual grant) — vest 1:1 in three equal tranches starting one year from grant.
  • Footnotes: Withholdings relate to vested RSUs/PSUs from March 10, 2023; March 10, 2024; March 10, 2025 grants (PSUs cliff-vested where noted). Fractional shares applied to cover related tax obligations.
  • Shares owned after the transaction: Not specified in the filing.
  • Filing timeliness: Report filed 2026-03-12 for transactions on 2026-03-10 (no indication of a late filing).
  • Administrative note: Power of Attorney on file.

Context

  • These are tax-withholding dispositions (transaction code F) tied to vesting of previously granted RSUs/PSUs, not open-market sales. Tax-withholdings are routine and do not necessarily indicate a change in the insider’s view of the company.
  • The new RSU grant is an award (code A) that will convert to common shares on vesting; vesting schedule (three equal annual tranches) means the economic exposure is spread over time.

Insider Transaction Report

Form 4
Period: 2026-03-10
Prieskorn Laura Louene
DirectorCEO and President
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-03-10$108.87/sh9,228.92$1,004,753567,845.3 total
  • Tax Payment

    Common Stock

    [F2]
    2026-03-10$108.87/sh64,615.51$7,034,691503,229.79 total
  • Tax Payment

    Common Stock

    [F3]
    2026-03-10$108.87/sh7,436.6$809,623495,793.19 total
  • Tax Payment

    Common Stock

    [F4]
    2026-03-10$108.87/sh4,825.18$525,317490,968.01 total
  • Award

    Common Stock

    [F5]
    2026-03-10+29,548520,516.01 total
Footnotes (5)
  • [F1]Shares withheld to pay the reporting person's tax withholding obligation upon vesting of the third and final tranche of the March 10, 2023, restricted share units ("RSUs"). The RSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and the related fractional share was applied to cover the tax obligation for the reporting person.
  • [F2]Shares withheld to pay the reporting person's tax withholding obligation upon cliff vesting of the earned March 10, 2023, performance share units ("PSUs"). The PSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and the related fractional share was applied to cover the tax obligation for the reporting person.
  • [F3]Shares withheld to pay the reporting person's tax withholding obligation upon vesting of the second tranche of the March 10, 2024, restricted share units ("RSUs"). The RSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and the related fractional share was applied to cover the tax obligation for the reporting person.
  • [F4]Shares withheld to pay the reporting person's tax withholding obligation upon vesting of the first tranche of the March 10, 2025, restricted share units ("RSUs"). The RSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and the related fractional share was applied to cover the tax obligation for the reporting person.
  • [F5]Reflects the March 10, 2026, annual grant of restricted share units which vest on a 1:1 basis in three equal tranches, beginning on the first anniversary of the grant date.
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES