KANDARIAN STEVEN A 4
Research Summary
AI-generated summary
Jackson Financial (JXN) Director Steven Kandarian Receives 951 Shares
What Happened
- Steven A. Kandarian, a director of Jackson Financial Inc. (JXN), was granted/received 950.78 restricted share units (reported as 950.78 shares) on June 25, 2026. The units were recorded at $0.00 (no cash paid) and are described as dividend equivalent units (DEUs) credited on existing restricted share units.
Key Details
- Transaction date: 2026-06-25; Transaction code: A (award/grant/acquisition)
- Price per share reported: $0.00; Total reported value: $0
- Shares received: 950.78 restricted share units (rounded in title to 951)
- Footnote: DEUs reflect additional restricted share units received as dividend equivalents and are subject to the same terms and conditions as the underlying awards
- Remarks: Power of Attorney on file
- Filing: Form 4 accessioned 2026-06-29 — appears to be filed within the required two business days
Context
- This was an award of dividend-equivalent units on existing restricted share units, not an open-market purchase or sale. Such awards are typically administrative (crediting of dividends) rather than a directional buy/sell signal by the insider.