CFO Liquidates Shares Valued at More Than $100,000
Shares were withheld to cover tax obligations from restricted share unit vesting, a routine liquidation that does not signal a change in the executive's company outlook.
Overview
Don W. Cummings, EVP and CFO of Jackson Financial Inc. (NYSE:JXN), disposed of 736 shares of common stock on Sept. 10, 2026, at $138.36 per share, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($138.36); post-transaction value based on Sept. 10, 2026 market close ($138.36).
Details
Jackson Financial Inc. is a substantial player in the U.S. annuity market with $9.6 billion in market capitalization and $6.5 billion in TTM revenue, demonstrating significant scale within the insurance and financial services sector. The company's strategic positioning centers on delivering diversified annuity solutions that address evolving retirement income needs, supported by a robust distribution network and institutional partnerships. With 3,490 employees and a track record of strong market performance, Jackson Financial maintains a competitive advantage through its comprehensive product offerings and established relationships within the retirement planning ecosystem.
Source
Originally published at www.fool.com.