POON CHRISTINE A 4

What Happened

Christine A. Poon, a non-employee director of Prudential Financial, received three grants on March 12, 2026 totaling 288 units (derivative awards) as director compensation. The grants break down as: 201 notional (mandatory) deferred stock units at $92.34 each ($18,560), 61 notional (optional) deferred stock units at $92.34 each ($5,633), and 26 restricted stock units (RSUs) at $92.34 each ($2,401). These were reported on Form 4 filed March 16, 2026. This is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-12; Report filed: 2026-03-16 (filed within the standard two-business-day window).
• Prices and values: 201 @ $92.34 = $18,560; 61 @ $92.34 = $5,633; 26 @ $92.34 = $2,401; total ≈ $26,594.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes of note:
  • F1/F3: Notional shares are deferred stock units that entitle holder to one share of common stock (or cash in some cases) under the director deferred compensation plan.
  • F2/F4: Timing and form of payout are elective — mandatory units pay at specified retirement/timing rules; optional units can be paid in stock or cash with deferral options.
  • F5/F6: RSUs represent a contingent right to the economic equivalent of one share and vest the earlier of the annual meeting or May 13, 2026.
• Transaction type: Award/grant of deferred compensation (derivative instruments), not an immediate buy or sell.

Context

• These awards are routine director compensation and represent rights to receive stock or cash later, not immediate ownership of tradable shares. They do not indicate an immediate purchase or sale decision by the director.