KANDARIAN STEVEN A 4

What Happened

• Steven A. Kandarian, a director of Jackson Financial Inc. (JXN), was granted 3,081 restricted share units (RSUs) on June 1, 2026. The filing reports an acquisition at $0.00 per share (grant award), resulting in $0 cash paid by the insider. This is a compensation grant (award), not an open-market purchase or sale.

Key Details

• Transaction date: June 1, 2026; Filing date: June 3, 2026 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 3,081 RSUs; reported price: $0.00; reported cash value: $0.
• Vesting/settlement: RSUs cliff vest June 1, 2027 or at the next Annual Meeting of Shareholders, whichever is earlier. Vested RSUs settle 1:1 into common shares; any fractional share will be paid in cash.
• Shares owned after transaction: Not specified in the filing.
• Other notes: Power of Attorney on file.

Context

• RSU grants to directors are routine compensation and do not represent an open-market purchase or sale. The award vests in the future (cliff vesting), so it does not immediately increase tradable shares. Retail investors should view this as director compensation rather than a direct insider bet on the stock.