Noles Russell G 4
Research Summary
AI-generated summary
Jackson Financial (JXN) Director Russell G. Noles Receives Award 189 Shares
What Happened
Russell G. Noles, a director of Jackson Financial Inc. (JXN), received an award of 188.86 restricted share units (reported as an acquisition) on June 25, 2026. The filing reports an acquisition price of $0 (non-cash award). These shares are dividend equivalent units (DEUs) tied to existing restricted share units.
Key Details
- Transaction date: 2026-06-25; Form 4 filed: 2026-06-29 (filed within the standard two-business-day window).
- Transaction type/code: Award/Grant (code A).
- Shares acquired: 188.86 RSUs (DEUs). Reported acquisition price: $0.
- Shares owned after transaction: Not specified in the provided Form 4.
- Footnote: The 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.
Context
This was an equity award (non-cash) rather than an open-market purchase or sale. Dividend-equivalent units increase an insider’s potential future holdings but do not reflect a purchase funded by the insider; they are typically part of compensation or benefit plans and should be interpreted accordingly.