Durant Gregory T 4
4 · Jackson Financial Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Jackson Financial (JXN) Director Gregory T. Durant Receives RSU Award
What Happened
- Gregory T. Durant, a director of Jackson Financial Inc. (JXN), was granted 1,727 restricted share units (RSUs) on June 1, 2026 as part of the company’s 2026–2027 annual director compensation. The award price is listed as $0.00 (this is a grant, not a purchase), so the reported acquisition value is $0.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears to be filed within the standard 2-business-day window).
- Grant amount and price: 1,727 RSUs @ $0.00 (award/grant, code A).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: RSUs cliff-vest on June 1, 2027, or at the next Annual Meeting of Shareholders, whichever occurs earlier. Upon the reporting person’s end of service, vested RSUs settle 1:1 in common shares; any fractional share will be paid in cash.
- Remarks: Power of Attorney on file.
Context
- These RSUs are a deferred equity award, not an immediate stock purchase or sale. They do not convert into shares until they vest (cliff vesting), so they don’t represent immediate ownership of common stock today.
- Such director compensation awards are routine; they provide future equity alignment but should not be interpreted alone as a buy/sell signal.
Insider Transaction Report
Form 4
Durant Gregory T
Director
Transactions
- Award
Common Stock
[F1]2026-06-01+1,727→ 37,313.94 total
Footnotes (1)
- [F1]Reflects award of restricted share units ("RSUs") granted on June 1, 2026, as part of the 2026-2027 Annual Director Compensation. The RSUs cliff vest on June 1, 2027, or the next Annual Meeting of Shareholders, whichever occurs earlier. Upon the reporting person's end of service, vested RSUs will settle in shares of common stock on a 1:1 basis and any fractional share will be paid out in cash.
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact|2026-06-03