Jones Wendy Elizabeth 4
4 · PRUDENTIAL FINANCIAL INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Prudential (PRU) Director Wendy Elizabeth Jones Receives 170 Deferred Stock Units
What Happened
- Wendy Elizabeth Jones, a director of Prudential Financial, Inc. (PRU), was awarded a total of 170 derivative units on March 12, 2026. The awards break down as 144 units at $92.34 each (value $13,297) and 26 units at $92.34 each (value $2,401), for a combined notional value of about $15,698.
- These were grants/awards (Form 4 transaction code A), not open-market purchases or sales. They represent deferred/restricted compensation rather than immediately issued common shares.
Key Details
- Transaction date: 2026-03-12; Filing date (Form 4): 2026-03-16 (filed within the typical two business-day window).
- Price per unit reported: $92.34. Total units: 170 (144 + 26); total notional value ≈ $15,698.
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes (plain language):
- F1: The 144 "notional" shares are deferred stock units that entitle the holder to one share of PRU common stock under the non-employee director deferred compensation plan.
- F3/F4: The 26 restricted stock units are contingent rights to one share each; they vest by the earlier of the annual meeting or May 13, 2026 and were deferred until retirement under the plan.
- F2: Payment of deferred units can be scheduled to begin before retirement (not earlier than the Jan 1 after the plan period), within 90 days after retirement, or at a later date; payment must start by the year the director turns 70½.
- Transaction type: Award/Grant of derivative units (code A). No 10b5-1 plan, tax withholding, or sale reported.
Context
- These awards are compensation-related and are common for non-employee directors; they are not the same as an insider buying shares on the open market. The units represent a future right to receive shares or cash (at the director's election) and do not necessarily indicate a buy/sell signal.
- Because the filing was timely, there are no late-filing implications noted in the provided data.
Insider Transaction Report
Form 4
Jones Wendy Elizabeth
Director
Transactions
- Award
Notional Shares - Mandatory
[F1][F2]2026-03-12$92.34/sh+144$13,297→ 9,652 totalExercise: $0.00→ Common Stock (144 underlying) - Award
2025 Restricted Stock Units
[F3][F4]2026-03-12$92.34/sh+26$2,401→ 1,765 totalExercise: $0.00→ Common Stock (26 underlying)
Footnotes (4)
- [F1]Each notional share - mandatory represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock under the Issuer's deferred compensation plan for non-employee directors.
- [F2]Such shares are issuable, at the election of the reporting person, to begin on either (i) a date prior to the reporting person's retirement date, provided that such date is no earlier than the January 1 in the year following the plan period during which such fees would otherwise have been payable to the reporting person, (ii) within 90 days following the reporting person's retirement date, or (iii) such later date as selected by the reporting person, provided however, that payment must commence in the year the reporting person attains age 70 1/2.
- [F3]Each restricted stock unit represents a contingent right to receive one share of PRU common stock or the economic equivalent thereof. The restricted stock units become payable, in PRU common stock or in cash, at the election of the reporting person, upon or following the reporting person's termination of service as a Director unless the reporting person elects an earlier date pursuant to the terms of the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.
- [F4]The restricted stock units vest the earlier of the annual meeting or in one year on May 13, 2026 and were deferred until retirement from the Board under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.
Signature
/s/ Danny Fiore, attorney-in-fact|2026-03-16