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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 29, 2022

 

Jackson Financial Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-40274   98-0486152
(State or other jurisdiction of incorporation or
organization)
  (Commission File
Number)
  (I.R.S. Employer Identification No.)

 

1 Corporate Way, Lansing, Michigan

 

48951

(Address of principal executive offices)   (Zip Code)

 

(517) 381-5500

(Registrant's telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class Trading Symbol(s) Name of Exchange on Which Registered
Common Stock, Par Value $0.01 Per Share JXN New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On December 29, 2022, Jackson National Life Insurance Company (“Jackson”), a wholly owned subsidiary of Jackson Financial Inc. (“Jackson Financial”) entered a letter agreement with P. Chadwick Myers regarding his transition from Vice Chair of Jackson Holdings LLC to, and continued employment by, Jackson as, a Senior Advisor. As previously reported, Mr. Myers communicated his intention to Jackson Financial to retire during the fourth quarter of 2022. His transition to Senior Advisor will be effective as of January 1, 2023. The letter agreement provides for a monthly salary of $80,000. The letter agreement provides that either party may terminate Mr. Myers’ employment at any time.

 

Item 9.01.Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
     
104   Cover Page Interactive Data File (the coverage page XBRL tags are embedded within the Inline XBRL Document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  JACKSON FINANCIAL INC.
     
  By: /s/ Carrie L. Chelko
    Carrie L. Chelko
   

Executive Vice President and

    General Counsel

 

Date: December 30, 2022