Form 4: Jackson Financial Inc. Executive Romine Scott Reports Acquisition of Dividend Equivalents
SEC Form 4 Filing
President and CEO of Jackson National Life Distributors (JNLD), Scott Romine, reports acquiring dividend equivalents in the form of restricted share units (RSUs) related to previous RSU grants.
Summary
- On March 20, 2025, Scott Romine, President and CEO of JNLD at Jackson Financial Inc., acquired dividend equivalents in the form of restricted share units (RSUs).
- These RSUs are subject to the same terms and conditions as the underlying equity granted on March 10, 2023, March 10, 2024 and March 10, 2025.
- The acquisitions resulted in an increase in the number of common stock securities beneficially owned, with 76,650.72, 76,732.64 and 76,818.29 shares following each transaction respectively.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing is a standard disclosure of an executive's acquisition of dividend equivalents.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalents by an executive may be of interest to shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/10/2023 | Date of the annual RSUs grant related to the dividend equivalents acquired. |
| 03/10/2024 | Date of the annual RSUs grant related to the dividend equivalents acquired. |
| 03/10/2025 | Date of the annual RSUs grant related to the dividend equivalents acquired. |
| 03/20/2025 | Date of transaction: Acquisition of dividend equivalents in the form of RSUs. |
| 03/24/2025 | Date of Form 4 filing. |
Keywords
Form 4, Jackson Financial Inc., JXN, Scott Romine, Dividend Equivalents, Restricted Share Units, RSUs, JNLD, Beneficial Ownership, Insider Trading
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