Jackson Financial Inc.·4

May 12, 1:45 PM ET

Binioris Savvas Steve Panagiotis 4

Research Summary

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Updated

Jackson Financial EVP Binioris Withholds 103.84 Shares for Taxes

What Happened

  • Binioris Savvas Steve Panagiotis, EVP and Chief Risk Officer of Jackson Financial (JXN), had 103.84 shares withheld to satisfy tax withholding upon vesting of restricted share units (RSUs). The withholding was reported as a disposition at $109.64 per share, totaling $11,385. This was a tax-withholding event (transaction code F), not an open-market sale.

Key Details

  • Transaction date: 2026-05-09; Filing date: 2026-05-12
  • Price: $109.64 per share; Shares withheld: 103.84; Reported value: $11,385
  • Shares owned after the transaction: not disclosed in the Form 4
  • Footnote: The RSUs vesting on May 9, 2025 convert 1:1 into common stock; net shares were distributed and any fractional share was applied to cover the reporting person's tax obligation (F1)
  • Remarks: Power of Attorney on file
  • Nature of transaction: tax withholding upon RSU vesting (routine compensation-related disposition)

Context

  • This filing documents a routine tax-withholding event tied to RSU vesting rather than a discretionary sale or purchase; such withholding is common and typically does not signal a change in the insider's market view.