Case Scott 4

What Happened Scott Case, Executive Vice President of Prudential Financial (PRU), received equity awards on February 9, 2026: 8,941 restricted stock units (RSUs) and 26,823 performance share units, a total of 35,764 derivative units. Both grants are reported at $0 per unit on the Form 4 because they are awards (derivative equity grants), not open-market purchases.

Key Details

• Transaction date: 2026-02-09; Filing date (Form 4): 2026-02-11 (timely filing).
• Transaction type/code: A = Award/Grant; reported acquisition of derivative securities.
• Shares/units granted: 8,941 RSUs and 26,823 performance share units (total 35,764).
• Reported price: $0.00 per unit (typical for equity awards).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • RSUs convert to common stock 1:1 (F1) and vest one‑third per year beginning February 2027 (F2).
  • Performance shares convert 1:1 at payout (F3); the 26,823 figure represents the target amount (F4). Actual payout will be determined by the Compensation and Human Capital Committee in Feb 2029 based on relative ROE and adjusted book value growth for 2026–2028.

Context These awards are standard equity compensation and not market purchases or sales. RSUs provide time‑based retention incentives (vesting over years); performance shares are contingent on multi‑year company performance, so the final number of shares delivered may be higher or lower than the target. Such grants are compensation-related and should be interpreted as part of executive pay, not a direct signal of immediate buying or selling intent.