Form 4: Jackson Financial Inc. Executive Sells Shares Under 10b5-1 Trading Plan

Craig Donald Smith, CEO, Pres & CIO PPM America of Jackson Financial Inc., sold 3,573 shares of common stock at $82.89 per share on February 24, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 24, 2025, Craig Donald Smith, CEO, Pres & CIO PPM America of Jackson Financial Inc., sold 3,573 shares of common stock.
• The sale was executed at a price of $82.89 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted by Smith on November 8, 2024.
• Following the transaction, Smith beneficially owns 155,818.76 shares.
• The shares were sold by the Craig D Smith TTEE Craig D Smith TR dated May 8, 2023, U/A 5/8/03 FBO Craig D. Smith, where reporting person is the trustee and beneficiary.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an executive's share sale. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive share sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices, avoiding accusations of insider trading.

Stakeholder Impact

• The share sale may have a minor impact on shareholders, potentially causing a slight decrease in the stock price due to increased supply.

Key Dates