Jackson Financial Inc.·4

Jun 29, 3:15 PM ET

Raub Christopher 4

Research Summary

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Jackson Financial (JXN) EVP Christopher Raub Receives Award

What Happened
Christopher Raub, Executive Vice President of Jackson Financial Inc. (JXN) and CEO of PPM America, acquired six awards of restricted share units (RSUs) as dividend equivalents on June 25, 2026. The awards total 250.30 RSUs (14.45; 95.92; 22.15; 30.67; 22.98; 64.13). The Form 4 reports $0.00 cash consideration for each award (transaction code A), so the reported transaction value is $0.00 — these are non‑cash equity credits tied to prior grants rather than open‑market purchases or sales.

Key Details

  • Transaction date: 2026-06-25; Form 4 filed: 2026-06-29 (timely filing).
  • Transaction type/code: A = Award/acquisition (dividend equivalents credited as RSUs).
  • Shares acquired (by line): 14.45 (F1); 95.92 (F2); 22.15 (F3); 30.67 (F4); 22.98 (F5); 64.13 (F6). Total = 250.30 RSUs.
  • Reported cash paid: $0.00; total reported value: $0.00.
  • Shares owned after the transaction: not specified in the provided summary (see the full Form 4 for post‑transaction holdings).
  • Footnotes: F1–F6 indicate these are dividend equivalents converted into RSUs and are subject to the same terms/conditions as the underlying equity grants dated 9/10/2023, 3/10/2024, 3/10/2025, 5/9/2025 and 3/10/2026.
  • Remarks: Power of attorney on file.

Context
Dividend‑equivalent RSUs are credits that reflect dividends on previously granted equity awards; they typically carry the same vesting and performance conditions as the original grants. This is a compensation/administrative equity award, not a market buy or sale, and does not by itself indicate insider market timing or sentiment.