Jackson Financial CFO Sells $102K Worth of Shares to Cover Tax Obligations
Don W. Cummings, Executive Vice President and Chief Financial Officer at Jackson Financial Inc., sold 736 shares valued at $102,000 on September 10, 2026, according to an SEC Form 4 filing. The transaction was conducted to cover tax obligations arising from the vesting of restricted share units granted in 2024. Cummings still holds a significant stake in Jackson Financial with 71,979 shares valued at $9.96 million as of September 10, 2026 market close. The company specializes in retail annuities and has a strong presence in the U.S., offering retirement savings solutions to individual investors. Jackson Financial Inc. (NYSE: JXN) is a major player with $9.6 billion in market capitalization and $6.5 billion in trailing twelve-month revenue, demonstrating its substantial scale within the insurance sector.
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