Scott Romine - 15 Jun 2023 Form 4 Insider Report for Jackson Financial Inc. (JXN)

Signature
/s/ Kristan L. Richardson, as Attorney-in-Fact
Issuer symbol
JXN
Transactions as of
15 Jun 2023
Transactions value $
-$147,000
Form type
4
Filing time
20 Jun 2023, 17:07:49 UTC
Previous filing
11 Apr 2023
Next filing
15 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JXN Common Stock Sale -$147,000 -5,000 -5.72% $29.4 82,385 15 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of 5,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2023.

Remarks:

Power of Attorney on file.