Jackson Financial Inc.·4

Jun 3, 2:53 PM ET

Lawton Drew 4

Research Summary

AI-generated summary

Updated

Jackson Financial (JXN) Director Lawton Drew Receives RSU Award

What Happened

  • Lawton Drew, a director of Jackson Financial Inc. (JXN), was granted 1,727 restricted share units (RSUs) on June 1, 2026. The reported acquisition price is $0.00, so no cash changed hands at grant; the reported value at grant was listed as $0.
  • This is an award (compensation), not an open-market purchase or sale.

Key Details

  • Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (appears filed within the normal two-business-day reporting window).
  • Transaction type/code: A — Grant/Award/Other Acquisition of RSUs.
  • Shares/units granted: 1,727 RSUs; acquisition price: $0.00; total reported cash value at grant: $0.
  • Shares owned after transaction: Not specified in the provided filing details.
  • 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 will settle 1:1 in common shares; any fractional share will be paid in cash.
  • Remarks: Power of attorney is on file.

Context

  • RSUs are a form of equity compensation for directors. They do not require a cash purchase and typically convert into shares when they vest; this grant appears to be routine annual director compensation rather than a market trade.
  • Because this is an award, it should be interpreted as compensation, not a direct bullish or bearish trading signal.