Chappuis Jacques 4

What Happened
Jacques Chappuis, Executive Vice President of Prudential Financial, received equity awards on February 9, 2026 consisting of 18,836 restricted stock units (RSUs) and 56,507 performance share units (total 75,343 units). Both awards show an acquisition price of $0.00 (typical for compensation grants) and are reported as derivative awards (code A).

Key Details

• Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (filed within the typical 2-business-day window).
• Award amounts: 18,836 RSUs and 56,507 performance share units (75,343 units total). Price: $0.00.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes:
  • RSUs convert to common stock on a 1-for-1 basis and vest 1/3 per year beginning February 2027.
  • Performance shares convert 1-for-1 at payout; the 56,507 figure represents the target amount. Final payout (if any) will be determined by the Compensation and Human Capital Committee in February 2029 based on Prudential’s ROE versus peers and growth in adjusted book value per share for the 2026–2028 performance period.
• Transaction code: A = Award/Grant (not a market buy or sale).

Context
These are compensation awards, not open-market purchases or sales. RSUs are time-based and will vest over future years; performance shares are contingent on multi-year goals, so actual shares received may be higher or lower than the target and will be settled later if performance conditions are met. Such grants are routine parts of executive compensation and do not necessarily signal immediate insider sentiment.