Cummings Don W 4
4 · Jackson Financial Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Jackson Financial CFO Don Cummings Receives Restricted Share Awards
What Happened
Don W. Cummings, Executive Vice President and Chief Financial Officer of Jackson Financial (JXN), was issued four awards on March 26, 2026 totaling 185.45 restricted share units (RSUs) as dividend equivalents. The four line items were for 25.74, 31.97, 54.72 and 73.02 shares, each recorded at $0.00 (no cash paid). These were awards (not open‑market purchases or sales) and generally represent compensation/dividend equivalents rather than a directional trading signal.
Key Details
- Transaction date: 2026-03-26; Form 4 filed 2026-03-30 (timely filing).
- Awards: 25.74 (F1), 31.97 (F2), 54.72 (F3), 73.02 (F4) — total 185.45 RSUs; transaction price $0.00.
- Footnotes: F1–F4 state these are dividend equivalents in the form of RSUs subject to the same terms/vesting as the underlying equity grants dated Mar 10, 2024 (F1); Sep 10, 2024 (F2); Mar 10, 2025 (F3); and Mar 10, 2026 (F4).
- Shares owned after the reported transactions: not specified in the provided filing excerpt.
- Other: Power of Attorney on file (noted in remarks).
Context
Dividend-equivalent RSUs are typically credited in lieu of cash dividends and follow the vesting and other terms of the original equity grants; they are a form of compensation, not an open-market buy or sell. For retail investors, such awards show executive compensation activity but do not, by themselves, indicate insider confidence in the near-term stock direction.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-26+25.74→ 72,369.61 total - Award
Common Stock
[F2]2026-03-26+31.97→ 72,401.58 total - Award
Common Stock
[F3]2026-03-26+54.72→ 72,456.3 total - Award
Common Stock
[F4]2026-03-26+73.02→ 72,529.32 total
Footnotes (4)
- [F1]Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2024.
- [F2]Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on September 10, 2024.
- [F3]Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2025.
- [F4]Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2026.