Jackson Financial Inc.·4

Mar 30, 12:33 PM ET

Binioris Savvas Steve Panagiotis 4

Research Summary

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Jackson Financial (JXN) EVP & Chief Risk Officer Receives RSU Dividend Equivalents

What Happened

  • Binioris Savvas Steve Panagiotis, EVP and Chief Risk Officer of Jackson Financial (JXN), was granted dividend equivalents in the form of restricted share units (RSUs) on March 26, 2026. The filing reports four awards totaling 137.85 RSUs: 40.46, 50.07, 6.24 and 41.08 shares. Each award shows an acquisition price of $0.00 (awarded, not purchased).

Key Details

  • Transaction date: 2026-03-26 (reported on Form 4 filed 2026-03-30).
  • Awards and counts: 40.46 RSUs (F1), 50.07 RSUs (F2), 6.24 RSUs (F3), 41.08 RSUs (F4) — total 137.85 RSUs.
  • Price: $0.00 per RSU (award of dividend equivalents).
  • Footnotes: F1–F4 indicate these are dividend equivalents paid as RSUs and are subject to the same terms/conditions as the underlying equity grants dated Mar 10, 2024 (F1); Mar 10, 2025 (F2); May 9, 2025 (F3); and Mar 10, 2026 (F4).
  • Shares owned after transaction: not disclosed in the excerpt provided.
  • Filing timeliness: Form 4 was filed on 2026-03-30 for a 2026-03-26 transaction. This appears to be after the usual 2-business-day filing window for Form 4s (the filing may be late).
  • Other: Power of Attorney on file (per remarks).

Context

  • These transactions are awards of dividend equivalents (paid as RSUs), not open-market purchases or sales. Such awards generally reflect compensation/benefit mechanics (they follow the vesting and other terms of the underlying grants) rather than an insider trading “buy” or “sell” signal. Retail investors should view this as a compensation-related grant; check the company’s proxy or recent equity grant disclosures for vesting schedules and potential impact on outstanding shares.