Form 4: Jackson Financial Inc. Executive Smith Craig Donald Reports Stock Disposals for Tax Obligations

Craig Donald Smith, CEO, CIO & Pres PPM America of Jackson Financial Inc., reports disposals of common stock to cover tax obligations upon vesting of restricted and performance share units.

Summary

• On April 4, 2024, Craig Donald Smith, an officer of Jackson Financial Inc., disposed of shares of common stock to cover tax obligations.
• 3,078.23 shares were disposed of at a price of $66.02 to cover tax withholding obligations upon vesting of a Restricted Share Unit Award.
• An additional 13,003.75 shares were disposed of at the same price to cover tax withholding obligations upon vesting of a Performance Share Unit Award.
• Following these transactions, Smith directly owns 127,371.29 shares of Jackson Financial Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, such as officers and directors, trade in their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's stock.

Key Dates