Durant Gregory T 4
Research Summary
AI-generated summary
Jackson Financial (JXN) Director Gregory T. Durant Receives 236.6 Shares
What Happened
- Gregory T. Durant, a director of Jackson Financial Inc. (JXN), was granted 236.6 restricted share units on March 26, 2026. The award is reported at an acquisition price of $0.00 (these were granted, not purchased).
Key Details
- Transaction date: 2026-03-26; Form 4 filed: 2026-03-30 (appears filed within the typical two-business-day window).
- Transaction type/code: A — Award/Grant (additional restricted share units recorded as dividend equivalent units).
- Shares granted: 236.6 RSUs; reported acquisition price: $0.00 (no cash paid).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: The shares reflect dividend equivalent units (DEUs) received on RSUs and are subject to the same terms and conditions as the underlying awards. A Power of Attorney is on file.
Context
- These DEUs are additional RSUs credited as dividend equivalents and generally inherit the vesting and transfer restrictions of the original awards — they are not an open-market purchase and do not directly signal a buy/sell decision.
- For retail investors, awards can indicate ongoing compensation or dividend-processing mechanics rather than a director’s personal investment decision.