Jackson Financial Inc. 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. Recent Sales of Unregistered Securities. None. Repurchase of Equity by the Company. Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program (1) Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in millions) (1) January 1, 2025 - January 31, 2025 Share repurchase program 479,387 $ 91.79 479,387 $ 592 Employee transactions (2) — N/A N/A N/A February 1, 2025 - February 28, 2025 Share repurchase program 565,063 89.82 565,063 541 Employee transactions (2) — N/A N/A N/A March 1, 2025 - March 31, 2025 Share repurchase program 922,459 84.25 922,459 463 Employee transactions (2) 334,641 81.19 N/A N/A Totals Share repurchase program 1,966,909 1,966,909 Employee transactions (2) 334,641 N/A 2,301,550 1,966,909 (1) As of May 1, 2025, the Company had remaining authorization to purchase $431 million of its common shares. For more information on common stock repurchases, see Note 19 - Equity of the Notes to Condensed Consolidated Financial Statements included elsewhere in this report . (2) Includes shares withheld pursuant to the terms of awards under the Company's 2021 Omnibus Incentive Plan to cover tax withholding obligations that occur upon vesting and release of shares, which are treated as share repurchases. The value of the shares withheld is the closing price of common stock of Jackson Financial on the date the relevant vesting date occurs; or, if the shares vest on a non-trading day, then the value of the shares withheld is based on the closing stock price from the trading day immediately prior to the vesting date. 122