Jones Wendy Elizabeth 4

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.