Jackson Financial (NYSE: JXN) EVP adds dividend-equivalent stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jackson Financial Inc. executive Savvas Steve Panagiotis Binioris, EVP and Chief Risk Officer, reported several small share awards tied to prior equity grants. On March 26, 2026, he acquired multiple lots of common-stock dividend equivalents in the form of restricted share units at no cost. These awards relate to underlying equity granted on March 10, 2024, March 10, 2025, May 9, 2025, and March 10, 2026, and increased his directly held common stock to 36,889.32 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Binioris Savvas Steve Panagiotis
Role
EVP and Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40.46 | $0.00 | -- |
| Grant/Award | Common Stock | 50.07 | $0.00 | -- |
| Grant/Award | Common Stock | 6.24 | $0.00 | -- |
| Grant/Award | Common Stock | 41.08 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 36,791.93 shares (Direct)
Footnotes (1)
- Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2024. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2025. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on May 9, 2025. Acquired dividend equivalents in the form of restricted share units that are subject to the same terms and conditions as the underlying equity granted to the reporting person on March 10, 2026.
Key Figures
Dividend-equivalent award 1: 40.4600 shares
Dividend-equivalent award 2: 50.0700 shares
Dividend-equivalent award 3: 6.2400 shares
+2 more
5 metrics
Dividend-equivalent award 1
40.4600 shares
Common stock grant on March 26, 2026
Dividend-equivalent award 2
50.0700 shares
Common stock grant on March 26, 2026
Dividend-equivalent award 3
6.2400 shares
Common stock grant on March 26, 2026
Dividend-equivalent award 4
41.0800 shares
Common stock grant on March 26, 2026
Holdings after transactions
36,889.3200 shares
Direct common stock after March 26, 2026 awards
Key Terms
dividend equivalents, restricted share units, underlying equity granted, Chief Risk Officer
4 terms
dividend equivalents financial
"Acquired dividend equivalents in the form of restricted share units"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
underlying equity granted financial
"as the underlying equity granted to the reporting person on March 10, 2024"
Chief Risk Officer financial
"EVP and Chief Risk Officer"
The chief risk officer is the senior executive responsible for identifying, measuring and reducing the major threats that could hurt a company’s finances or reputation, acting like a navigator who watches for storms and steers the business away from them. Investors care because effective risk oversight lowers the chance of surprise losses, legal fines or operational failures, which helps protect shareholder value and makes a company more predictable and trustworthy.
FAQ
What did JXN EVP Savvas Binioris report in this Form 4?
He reported receiving several small awards of Jackson Financial common stock as dividend equivalents in restricted share units. These awards are linked to earlier equity grants and represent routine, compensation-related acquisitions rather than open-market purchases or sales.
What type of securities did the JXN executive acquire in this filing?
He acquired common stock in the form of dividend equivalents credited as restricted share units. These restricted share units carry the same terms and conditions as the underlying equity awards previously granted to him by Jackson Financial on specific past grant dates.
Are the JXN insider transactions open-market buys or routine equity awards?
The transactions are routine equity-related awards, not open-market purchases. They are coded as grants or awards, representing dividend equivalents on prior restricted share unit grants, all at a transaction price of $0.00 per share to the reporting executive.
Which prior equity grants at Jackson Financial generated these dividend equivalents?
The dividend-equivalent restricted share units are tied to underlying equity granted to the executive on March 10, 2024, March 10, 2025, May 9, 2025, and March 10, 2026. Each prior grant produced additional units when Jackson Financial paid dividends.