Kirkland Derek G 4
Research Summary
AI-generated summary
Jackson Financial (JXN) Director Derek G. Kirkland Sells 10,000 Shares
What Happened
- Derek G. Kirkland, a director of Jackson Financial Inc. (JXN), disposed of 10,000 shares on March 11, 2026. The Form 4 reports a weighted-average sale price of $108.32 per share, for a total proceeds of approximately $1,083,200. The filing characterizes the transaction as an open market or private sale (code S).
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (filed timely).
- Price reported: weighted average $108.32/share; footnote states sales ranged from $108.15 to $109.03.
- Total proceeds: ~$1,083,200.
- Shares owned after the transaction: not specified in the excerpt of the filing provided.
- Notable footnote: The reported price is a weighted average; the filer will provide a breakdown of the number of shares sold at each price in the $108.15–$109.03 range upon request (per footnote F1).
- The filing does not indicate a 10b5-1 plan, option exercise, gift, or tax-withholding-related disposition in the provided data.
Context
- This is a sale by a company director. Sales by insiders can be routine (e.g., diversification, tax planning) and do not, by themselves, prove a change in outlook on the company. Retail investors should consider this as one data point alongside company fundamentals, other insider activity, and market news.