Director at Jackson Financial (JXN) receives 3,081 restricted share units in equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

KANDARIAN STEVEN A reported acquisition or exercise transactions in this Form 4 filing.

Jackson Financial Inc. director Steven A. Kandarian received an equity award of 3,081 shares tied to common stock as part of 2026-2027 annual director compensation. The award is in the form of restricted share units that were granted on June 1, 2026 at no cash cost to him.

The RSUs cliff vest on June 1, 2027 or at the next annual shareholder meeting, whichever comes first, and will settle into common shares on a 1:1 basis, with any fractional share paid in cash. After this grant, Kandarian is reported as directly owning 112,445.68 shares of Jackson Financial common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KANDARIAN STEVEN A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,081	$0.00	--

Holdings After Transaction: Common Stock — 112,445.68 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 3,081 units Grant price: $0.00 per share Shares owned after grant: 112,445.68 shares +2 more

5 metrics

RSUs granted 3,081 units Restricted share units granted June 1, 2026

Grant price $0.00 per share Compensation-related equity award, no cash paid by director

Shares owned after grant 112,445.68 shares Common stock directly owned following this transaction

Vesting date June 1, 2027 Cliff vesting or earlier at next Annual Meeting of Shareholders

Settlement ratio 1:1 shares per RSU Vested RSUs settle into common stock; fractional share paid in cash

Key Terms

restricted share units ("RSUs"), 2026-2027 Annual Director Compensation, cliff vest, Annual Meeting of Shareholders, +1 more

5 terms

2026-2027 Annual Director Compensation financial

"granted on June 1, 2026, as part of the 2026-2027 Annual Director Compensation"

cliff vest financial

"The RSUs cliff vest on June 1, 2027, or the next Annual Meeting"

A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.

Annual Meeting of Shareholders regulatory

"on June 1, 2027, or the next Annual Meeting of Shareholders, whichever occurs earlier"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

settle in shares of common stock financial

"vested RSUs will settle in shares of common stock on a 1:1 basis"

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Form 4 Insider Transactions: What Each Field Means →

06/03/2026 - 02:53 PM

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^*

KANDARIAN STEVEN A

(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)
06/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	06/01/2026		A		3,081	A	$0.00	112,445.68	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects award of restricted share units ("RSUs") granted on June 1, 2026, as part of the 2026-2027 Annual Director Compensation. The RSUs cliff vest on June 1, 2027, or the next Annual Meeting of Shareholders, whichever occurs earlier. Upon the reporting person's end of service, vested RSUs will settle in shares of common stock on a 1:1 basis and any fractional share will be paid out in cash.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	06/03/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Jackson Financial Inc. (JXN) disclose about Steven A. Kandarian’s latest equity award?

Jackson Financial Inc. reported that director Steven A. Kandarian received 3,081 restricted share units on June 1, 2026 as part of the 2026-2027 Annual Director Compensation. These RSUs relate to common stock and were granted at no cash cost to him.

How and when do Steven A. Kandarian’s new RSUs at Jackson Financial (JXN) vest?

The 3,081 restricted share units cliff vest on June 1, 2027 or at the next Annual Meeting of Shareholders, whichever occurs earlier. This means the entire award vests at once on that date, rather than gradually over multiple periods.

How will Steven A. Kandarian’s Jackson Financial (JXN) RSUs settle once they vest?

Upon Kandarian’s end of service, vested RSUs will settle in Jackson Financial common stock on a 1:1 basis. Any fractional share resulting from the settlement will be paid out in cash instead of issuing partial shares.

What is Steven A. Kandarian’s reported Jackson Financial (JXN) shareholding after this Form 4 transaction?

Following the RSU award linked to common stock, Kandarian is reported as directly owning 112,445.68 shares of Jackson Financial common stock. This total reflects his holdings after the June 1, 2026 grant disclosed in the Form 4 filing.

Was Steven A. Kandarian’s Jackson Financial (JXN) transaction an open-market purchase or sale?

The Form 4 shows a grant coded as a compensation-related acquisition, not an open-market trade. Kandarian received 3,081 restricted share units at a price of $0.00 per share as part of the company’s 2026-2027 Annual Director Compensation program.