Form 4: Jackson Financial Inc. Executive Raub Christopher Reports Tax Withholding Transaction
SEC Form 4 Filing
EVP and Chief Risk Officer of Jackson Financial Inc., Christopher Raub, reports the withholding of shares to cover tax obligations upon vesting of restricted share units.
Summary
- On September 10, 2024, Christopher Raub, EVP and Chief Risk Officer of Jackson Financial Inc., had 740.92 shares of common stock withheld to cover tax obligations.
- This transaction occurred due to the vesting of the first tranche of the 2023 Mid-Cycle Restricted Share Unit Award.
- The shares were withheld at a price of $79.18 per share.
- Following the transaction, Raub beneficially owns 24,350.38 shares of Jackson Financial Inc. common stock directly.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of the transaction where shares were withheld for tax obligations. |
| 09/12/2024 | Date of signature for the Form 4 filing. |
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