Claffee Lily Fu 4

What Happened

• Director Claffee Lily Fu received two grants of restricted stock units (RSUs) from Jackson Financial on June 1, 2026: 1,727 RSUs (award) and 1,167 RSUs (election in lieu of cash), for a total of 2,894 RSUs. Each grant was reported at $0.00 per share (compensation awards), so no cash purchase or sale occurred. These RSUs convert into one share of common stock per vested RSU (fractional shares paid in cash) when settled.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely filing).
• Reported amounts: 1,727 RSUs (Grant A, footnote F1) and 1,167 RSUs (Grant A, footnote F2) — total 2,894 RSUs; price reported $0.00.
• Vesting:
  • F1 grant: cliff vests on June 1, 2027 (or the next Annual Meeting of Shareholders, whichever is earlier).
  • F2 grant: elected equity in lieu of cash; vests quarterly in four equal tranches on Aug 31, 2026; Nov 30, 2026; Feb 28, 2027; and May 31, 2027.
• Settlement: vested RSUs settle 1:1 into common shares; fractional shares paid in cash. Upon end of service, vested RSUs will be settled as described.
• Shares owned following the transaction: not specified in the disclosed Form 4.
• Remarks: Power of Attorney on file.

Context

• These are compensation awards to a director (not open‑market purchases or sales). RSU grants are common director compensation and do not represent an immediate purchase or sale of stock — they only convert into shares as they vest. No indications of option exercise, 10b5-1 plan, or gifting were disclosed.