KANDARIAN STEVEN A 4
Research Summary
AI-generated summary
Jackson Financial Director Steven Kandarian Receives Award
What Happened
- Steven A. Kandarian, a director of Jackson Financial Inc. (JXN), was credited with 921.27 restricted share units (reported as an "Award/Grant/Acquisition") on 2026-03-26. The filing reports an acquisition price of $0.00, reflecting dividend equivalent units (DEUs) rather than a cash purchase.
Key Details
- Transaction date: 2026-03-26; filing date (Form 4): 2026-03-30.
- Amount: 921.27 shares; reported acquisition price: $0.00 (total cash value reported $0).
- Footnote: the shares are DEUs paid on restricted share units and are subject to the same terms and conditions as the underlying awards.
- Remarks: a Power of Attorney is on file.
- Shares owned after the transaction: not specified in the provided filing summary.
Context
- DEUs are dividend-equivalent credits on existing restricted share unit awards and typically convert to the same equity units subject to the original award's vesting and restrictions; they are not an open-market purchase or sale. This type of grant increases an insider's deferred equity holdings but does not represent an immediate cash transaction.