Form 4: Jackson Financial Inc. SVP and Controller, Craig A. Anderson, Reports Changes in Beneficial Ownership

Craig A. Anderson, SVP and Controller of Jackson Financial Inc., reports transactions involving restricted share units and common stock, including vesting, conversion, and cash settlement of awards.

Summary

• On March 10, 2025, Craig A. Anderson, SVP and Controller of Jackson Financial Inc., reported changes in beneficial ownership.
• These changes involve transactions related to common stock and restricted share units (RSUs).
• Anderson acquired shares through the vesting of performance share units (PSUs) and RSUs, which convert 1:1 into common stock.
• He also disposed of shares through cash settlements of converted PSUs and RSUs.
• Specifically, 1,505.64 PSUs from March 10, 2022, vested and were settled in cash.
• Additionally, 1,508.66 RSUs from March 10, 2022, 1,431.92 RSUs from March 10, 2023, and 1,545.37 RSUs from March 10, 2024, vested and were settled in cash.
• Anderson was also granted 4,049 RSUs on March 10, 2025, which vest in three equal annual installments.
• Following these transactions, Anderson directly owns 5,456.32 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The transactions reflect standard executive compensation practices and alignment of interests. The granting of new RSUs suggests continued confidence in the executive's role.

Positives

• The granting of 4,049 RSUs to Anderson indicates continued investment in the company's leadership.
• The vesting of RSUs and PSUs suggests that performance targets were met, triggering the release of these equity-based awards.

Future Outlook

The granted RSUs will vest in three equal annual installments beginning on the first anniversary of the grant date, suggesting continued equity-based compensation for the reporting person.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with those of shareholders.

Comparison to Industry Standards

• Equity compensation is a standard practice among publicly traded companies to incentivize executives.
• The vesting schedules and types of equity awards (RSUs and PSUs) are typical components of executive compensation packages.
• Companies like Prudential Financial, MetLife, and Lincoln National also utilize similar equity-based compensation strategies for their executives.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.
• The equity-based compensation structure aligns management's interests with those of shareholders.

Next Steps

• The newly granted RSUs will vest in three equal annual installments, with the first vesting occurring on the first anniversary of the grant date.

Key Dates