Stoddard Thomas D 4

What Happened

• Thomas D. Stoddard, a member of the Board of Directors of Prudential Financial, Inc. (PRU), received an award of 25 restricted stock units (RSUs) reported as a derivative acquisition on 2026-03-12. The filing lists a per-unit value of $92.34 for a total reported value of $2,309.
• This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (filed timely).
• Price/value: 25 RSUs × $92.34 = $2,309 reported.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 — each RSU represents a contingent right to one share of PRU common stock; F2 — the RSUs vest on July 8, 2026 and were deferred until retirement under Prudential’s 2011 Deferred Compensation Plan for Non‑Employee Directors.
• Transaction type: Derivative award (not a purchase or sale of outstanding shares).

Context

• RSUs are a form of compensation that entitle the holder to receive shares in the future if vesting conditions are met; these were deferred until the director’s retirement, so they are not immediately convertible into shares or cash.
• Awards to non-employee directors for board service are common and typically routine compensation, not a direct signal of insider buying or selling intent.