Anderson Craig A. 4
4 · Jackson Financial Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Jackson Financial (JXN) SVP Craig Anderson Cash‑Settles ~$565K in Shares
What Happened
Craig A. Anderson, SVP and Controller of Jackson Financial (JXN), converted/settled vested performance share units (PSUs) and restricted share units (RSUs) on March 10, 2026 and had the converted shares cashed out (disposition to the issuer). The filing shows conversions of 2,111.64, 1,480.92 and 1,598.25 shares that were disposed to the issuer at $108.87 per share, producing proceeds of $229,894, $161,228 and $174,001 respectively — total cash received of $565,123. An additional 616.16 shares were withheld to cover the reporting person’s tax withholding obligation. Separately, Anderson was granted 3,447 new RSUs on March 10, 2026 (vesting in three equal annual tranches).
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely within the usual two‑business‑day window).
- Dispositions to issuer: 2,111.64 @ $108.87 = $229,894; 1,480.92 @ $108.87 = $161,228; 1,598.25 @ $108.87 = $174,001. Total proceeds shown: $565,123.
- Tax withholding: 616.16 shares were withheld to satisfy tax obligations upon vesting (reported as disposed).
- Grant: 3,447 RSUs awarded Mar 10, 2026; vest 1:1 in three equal tranches beginning one year after grant (footnote F8).
- Footnotes indicate these were settlements of earned/vested PSUs/RSUs from prior grants (F1–F6) and that the settled units convert 1:1 into common stock but were paid out in cash (cash settlement).
- Shares owned after the transactions are not specified in the provided excerpt.
- Remark: Power of Attorney on file.
Context
- These were compensation‑related conversions and cash settlements (code M = exercise/conversion; code D = disposition to issuer; code F = shares withheld for taxes; code A = award). This is not an open‑market purchase; it reflects vesting and cash settlement of equity awards rather than a directional buy or sell for investment purposes.
- For retail investors, purchases by insiders often attract more attention than routine cash settlements of compensation. This filing appears to document routine compensation vesting and settlement rather than a discretionary market sale.
Insider Transaction Report
Form 4
Anderson Craig A.
SVP and Controller
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-10+2,111.64→ 7,538.87 total - Disposition to Issuer
Common Stock
[F4]2026-03-10$108.87/sh−2,111.64$229,894→ 5,427.23 total - Exercise/Conversion
Common Stock
[F2]2026-03-10+1,480.92→ 6,908.15 total - Disposition to Issuer
Common Stock
[F5]2026-03-10$108.87/sh−1,480.92$161,228→ 5,427.23 total - Exercise/Conversion
Common Stock
[F3]2026-03-10+1,598.25→ 7,025.48 total - Disposition to Issuer
Common Stock
[F6]2026-03-10$108.87/sh−1,598.25$174,001→ 5,427.23 total - Tax Payment
Common Stock
[F7]2026-03-10−616.16→ 4,811.07 total - Award
Common Stock
[F8]2026-03-10+3,447→ 8,258.07 total - Exercise/Conversion
restricted share units
[F1]2026-03-10−2,111.64→ 4,677.41 total→ Common Stock (2,111.64 underlying) - Exercise/Conversion
restricted share units
[F2]2026-03-10−1,480.92→ 3,196.49 total→ Common Stock (1,480.92 underlying) - Exercise/Conversion
restricted share units
[F3]2026-03-10−1,598.25→ 1,598.24 total→ Common Stock (1,598.25 underlying)
Footnotes (8)
- [F1]Reflects the cliff vesting of the earned March 10, 2023, performance share units ("PSUs") and related dividend equivalents, which are paid out in cash. The PSUs will convert 1:1 into common stock.
- [F2]Reflects the vesting of the third and final tranche of the March 10, 2023, restricted share units ("RSUs") and related dividend equivalents, which are paid out in cash. The RSUs will convert 1:1 into common stock.
- [F3]Reflects the vesting of the second tranche of the March 10, 2024, restricted share units ("RSUs") and related dividend equivalents, which are paid out in cash. The RSUs will convert 1:1 into common stock.
- [F4]Reflects the cash settlement of 2111.64 converted earned March 10, 2023, performance share units and related converted dividend equivalents.
- [F5]Reflects the cash settlement of 1480.92 converted shares awarded as the March 10, 2023, restricted share units and related converted dividend equivalents.
- [F6]Reflects the cash settlement of 1598.25 converted shares awarded as the March 10, 2024, restricted share units and related converted dividend equivalents.
- [F7]Shares withheld to pay the reporting person's tax withholding obligation upon vesting of the first tranche of the March 10, 2025, restricted share units ("RSUs"). The RSUs will convert 1:1 into common stock. Upon vesting, net shares were distributed and the related fractional share was applied to cover the tax obligation for the reporting person.
- [F8]Reflects the March 10, 2026, annual grant of restricted share units which vest on a 1:1 basis in three equal tranches, beginning on the first anniversary of the grant date, subject to the reporting person's continued employment through such dates.
Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact|2026-03-12