Director Drew awarded 236.6 DEU RSUs at Jackson Financial (JXN)

Rhea-AI Filing Summary

Jackson Financial Inc. director Lawton Drew received an automatic equity award in the form of additional restricted share units on common stock. On March 26, 2026, he acquired 236.6 restricted share units as dividend equivalent units at a price of $0.00 per share. These dividend equivalent units are subject to the same terms and conditions as the underlying equity awards on which they accrue. Following this grant, Drew holds 28,086.94 shares of Jackson Financial common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lawton Drew

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	236.6	$0.00	--

Holdings After Transaction: Common Stock — 28,086.94 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Restricted share units granted: 236.6 shares Grant price per share: $0.00 per share Shares held after transaction: 28,086.94 shares +1 more

4 metrics

Restricted share units granted 236.6 shares Dividend equivalent units on restricted share units on March 26, 2026

Grant price per share $0.00 per share Price for 236.6 restricted share units granted

Shares held after transaction 28,086.94 shares Total direct holdings by Lawton Drew following the grant

Transaction code A Grant, award, or other acquisition of non-derivative common stock

Key Terms

restricted share units, dividend equivalent units ("DEUs"), equity awards

3 terms

restricted share units financial

"These shares reflect additional restricted share units received as dividend equivalent units"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

dividend equivalent units ("DEUs") financial

"received as dividend equivalent units ("DEUs") on restricted share units"

equity awards financial

"same terms and conditions as the underlying equity awards on which they accrue"

Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lawton Drew

(Last) (First) (Middle)

1 CORPORATE WAY

(Street)

LANSING MICHIGAN 48951

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Jackson Financial Inc. [ JXN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	03/26/2026		A		236.6	A	$0.00	28,086.94	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares reflect additional restricted share units received as dividend equivalent units ("DEUs") on restricted share units. The DEUs are subject to the same terms and conditions as the underlying equity awards on which they accrue.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	03/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did JXN director Lawton Drew report?

Director Lawton Drew reported receiving 236.6 restricted share units of Jackson Financial common stock. These were granted as dividend equivalent units and increased his direct holdings to 28,086.94 shares, according to the Form 4 filing details provided.

How many Jackson Financial (JXN) shares does Lawton Drew hold after this Form 4?

After the reported grant, director Lawton Drew directly holds 28,086.94 shares of Jackson Financial common stock. This total includes the 236.6 additional restricted share units received as dividend equivalent units on existing restricted share unit awards.

What was the size of the equity award reported for JXN director Lawton Drew?

The equity award consisted of 236.6 restricted share units of Jackson Financial common stock. These units were credited as dividend equivalent units on existing restricted share units and carry the same terms and conditions as the original equity awards.

Did Lawton Drew pay for the 236.6 Jackson Financial restricted share units?

No, the 236.6 restricted share units were granted at a price of $0.00 per share. They were received as dividend equivalent units on existing restricted share units, rather than purchased in an open-market transaction for cash.

What are dividend equivalent units (DEUs) in Jackson Financial’s Form 4 for JXN?

Dividend equivalent units represent additional restricted share units granted when dividends are paid on underlying equity awards. In this case, 236.6 DEUs were added to existing restricted share units and are subject to the same terms and conditions as those underlying awards.