Lawton Drew 4
Research Summary
AI-generated summary
Jackson Financial (JXN) Director Lawton Drew Receives Award
What Happened
- Lawton Drew, a director of Jackson Financial Inc. (JXN), was awarded 236.6 restricted share units (RSU dividend equivalent units) on March 26, 2026. The units were recorded at $0.00 per share, so no cash was exchanged (total reported value $0).
- The filing notes these shares are dividend equivalent units (DEUs) and are subject to the same terms and conditions as the underlying equity awards.
Key Details
- Transaction date: 2026-03-26; Form 4 filed: 2026-03-30.
- Shares acquired: 236.6 restricted share units; Price: $0.00; Reported cash value: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: DEUs represent additional restricted share units received as dividend equivalents and carry the same terms as the underlying awards (Footnote F1).
- Remarks: Power of Attorney on file.
Context
- This transaction is a non-cash award (not a purchase or sale) and typically reflects plan-driven compensation or dividend-equivalent accruals rather than an independent trading decision. Such awards do not by themselves indicate insider buying or selling sentiment.