Raub Christopher 4
4 · Jackson Financial Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Jackson Financial (JXN) EVP Christopher Raub Withholds 367 Shares for Taxes
What Happened
- Christopher Raub, EVP at Jackson Financial Inc. (and CEO of PPM America), had 366.76 restricted-share-unit (RSU) shares withheld to satisfy tax withholding obligations tied to the vesting of the first tranche of RSUs. The shares were valued at $109.64 each, totaling $40,212. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-09; Filing date (Form 4): 2026-05-12.
- Withheld shares: 366.76 at $109.64 per share = $40,212 (reported as a disposition to cover taxes).
- Footnote: RSUs convert 1:1 into common stock upon vesting; net shares were distributed and any fractional share was applied to cover the reporting person’s tax obligation.
- Power of Attorney on file, per the filing.
- This action reflects tax withholding on vesting, not a purchase or voluntary sale by the insider.
Context
- Withholdings to cover taxes are routine when equity awards vest and do not necessarily signal a CEO or executive selling shares for cash flow or market reasons. This was a cashless withholding to meet tax obligations on vested RSUs rather than an open-market transaction.
Insider Transaction Report
Form 4
Raub Christopher
EVP JFI; CEO PPM America
Transactions
- Tax Payment
Common Stock
[F1]2026-05-09$109.64/sh−366.76$40,212→ 46,909.5 total
Footnotes (1)
- [F1]Shares withheld to pay the reporting person's tax withholding obligation upon vesting of the first tranche of the May 9, 2025, restricted share units ("RSUs"). The RSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and any related fractional share was applied to cover the tax obligation for the reporting person.
Signature
/s/ Koreen A. Ryan, as Attorney-in-Fact|2026-05-12