Jackson Financial (JXN) EVP Christopher Raub Sells Shares, Receives RSU Grant

What Happened

• Christopher Raub, EVP of Jackson Financial Inc., had 4,877.41 shares disposed on September 10, 2026 to satisfy tax withholding obligations tied to vested RSUs/PSUs. The disposals: 723.71 shares at $138.36 for $100,133 and 4,153.70 shares at $138.36 for $574,706 (total ~$674,839). On the same date he received a mid-cycle restricted share unit (RSU) grant of 294 RSUs (no cash value at grant).

Key Details

• Transaction date: September 10, 2026. Filing date: September 14, 2026 (filed timely).
• Disposals (tax withholding): 723.71 shares @ $138.36 = $100,133; 4,153.70 shares @ $138.36 = $574,706.
• Grant: 294 RSUs (no cash amount reported for grant); vesting schedule: three equal tranches beginning on the first anniversary of the grant (see footnote F3).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes of note:
  • F1/F2: Shares were withheld/disposed to cover the reporting person's tax withholding upon vesting of RSUs and cliff-vested PSUs; the equity converts 1:1 into common stock.
  • F3: September 10, 2026 mid-cycle RSU grant vests in three equal annual tranches starting one year after grant.
• Power of Attorney on file (per filing remarks).

Context

• These were tax-withholding dispositions (cashless withholding), not open-market sales intended as a directional bet. The disposals are routine when RSUs/PSUs vest and taxes are due.
• The new RSU grant will vest over time (not immediately tradable until vesting) and the PSUs/RSUs convert 1:1 into common shares upon vesting.