Lawton Drew 4
Research Summary
AI-generated summary
Jackson Financial Director Lawton Drew Receives Award of 252 Shares
What Happened
- Lawton Drew, a director of Jackson Financial Inc. (JXN), was credited with 252.09 shares via an award/acquisition on 2026-06-25. The units were recorded at $0.00 cash consideration (they are dividend-equivalent units tied to existing restricted share units).
Key Details
- Transaction date: 2026-06-25; Form 4 filed: 2026-06-29 (timely).
- Transaction type/code: A — Award/Grant/Acquisition.
- Shares acquired: 252.09 restricted share units (DEUs); cash paid: $0.00.
- Shares owned after transaction: not specified in this filing.
- Footnote: DEUs reflect additional restricted share units received as dividend equivalent units and are subject to the same terms and conditions as the underlying awards.
- Remarks: Power of Attorney on file for the filing signature.
Context
- These units are dividend-equivalent credits on outstanding restricted share units (not an open-market purchase or sale). Such awards are typically compensation-related and do not necessarily signal a change in the director’s market view.