Form 4: Jackson Financial Inc. Director Kirkland Acquires Dividend Equivalents in Restricted Share Units
SEC Form 4 Filing
Director Derek G. Kirkland acquired dividend equivalents in the form of restricted share units of Jackson Financial Inc. on March 20, 2025.
Summary
- On March 20, 2025, Derek G. Kirkland, a director of Jackson Financial Inc., acquired dividend equivalents in the form of restricted share units.
- These acquisitions are related to underlying equity granted for the annual equity retainer on October 4, 2021, June 1, 2023, and June 1, 2024.
- Kirkland also acquired dividend equivalents related to equity received in lieu of the cash portion of the annual cash retainer granted on June 1, 2024.
- The acquisitions resulted in a total of 41,913.32 shares of Common Stock beneficially owned.
- The price for each acquisition was $0.00.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the acquisition of dividend equivalents, which is a common practice for compensating directors.
Key Dates
| Date | Description |
|---|---|
| 10/04/2021 | Date of underlying equity grant for annual equity retainer. |
| 06/01/2023 | Date of underlying equity grant for annual equity retainer. |
| 06/01/2024 | Date of underlying equity grant for annual equity retainer and election to receive equity in lieu of cash retainer. |
| 03/20/2025 | Date of transaction: Acquisition of dividend equivalents in restricted share units. |
| 03/24/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Jackson Financial Inc., Director, Dividend Equivalents, Restricted Share Units, Beneficial Ownership, Form 4, Equity Retainer
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