JXN.NYSEJackson Financial INC

Form 4: Jackson Financial Inc. Executive Laura Prieskorn Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing

📋All filings for Jackson Financial INC
🔒Login to Follow

Laura Prieskorn, CEO, President, and Director of Jackson Financial Inc., reported disposing of shares to cover tax obligations related to vesting of restricted and performance share units.

Summary

  • On April 4, 2024, Laura Prieskorn, CEO, President, and Director of Jackson Financial Inc., disposed of 7,540.41 shares of common stock at a price of $66.02.
  • These shares were withheld to cover tax obligations upon the vesting of the final tranche of the October 4, 2021 Restricted Share Unit Award.
  • Additionally, 31,862.33 shares were disposed of at the same price to cover tax obligations upon the vesting of the October 4, 2021 Performance Share Unit Award.
  • Following these transactions, Prieskorn directly owns 357,165.35 shares of Jackson Financial Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the slight dilution from the initial share grants, offset by the tax payments made by the executive.

Key Dates

DateDescription
10/04/2021Date of the Restricted Share Unit Award and Performance Share Unit Award.
04/04/2024Date of the stock disposal transactions.
04/08/2024Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.