HUNDMEJEAN MARTINA 4
4 · PRUDENTIAL FINANCIAL INC · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Prudential (PRU) Director Martina Hundmejean Receives Award
What Happened Martina Hundmejean, a member of the Board of Directors of Prudential Financial, received awards of deferred stock units on June 11, 2026. The filing shows three grants totaling 589 notional/restricted units: 197 units at $106.51 each ($20,982), 369 units at $106.51 each ($39,302), and 23 units at $106.51 each ($2,450), for a combined value of $62,734. These were recorded as derivative awards (grant/award), not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-11; reported on Form 4 filed 2026-06-15 (timely filing).
- Price per unit: $106.51; total units awarded: 589; total reported value: $62,734.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes summary:
- Some units are "notional shares" (deferred stock units) that entitle the holder to receive one share of common stock later under the issuer’s deferred compensation plan.
- Some units are elective notional shares that may be converted to stock or cash per the director’s election and may be deferred further or moved to alternative investments.
- Restricted stock units (RSUs) noted in the filing vest by the earlier of the annual meeting or May 12, 2027 and are payable (in stock or cash) upon or after the director’s termination of service unless an earlier election applies.
- Filing timeliness: Transaction on 6/11/2026 reported on 6/15/2026 — within the typical 2-business-day Form 4 window.
Context These awards are part of standard non-employee director compensation (deferred stock units and RSUs) and represent a future right to receive shares or cash rather than an immediate open-market acquisition of company stock. Such grants are routine for board pay and do not by themselves indicate the director is buying or selling shares for investment reasons.
Insider Transaction Report
- Award
Notional Shares - Mandatory
[F1][F2]2026-06-11$106.51/sh+197$20,982→ 15,254 totalExercise: $0.00→ Common Stock (197 underlying) - Award
Notional Shares - Optional
[F3][F4]2026-06-11$106.51/sh+369$39,302→ 28,447 totalExercise: $0.00→ Common Stock (369 underlying) - Award
2026 Restricted Stock Units
[F5][F6]2026-06-11$106.51/sh+23$2,450→ 1,777 totalExercise: $0.00→ Common Stock (23 underlying)
Footnotes (6)
- [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 notional share - optional represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock or the cash value thereof under the Issuer's deferred compensation plan for non-employee directors.
- [F4]Such shares are payable in common stock or cash, at the election of the reporting person, with payment to begin, at the election of the reporting person provided that such date shall be at least two (2) years after the end of the plan year with respect to which such elective deferrals relate. The reporting person may transfer her investment in the notional shares - optional to an alternative investment account, subject to the terms of the Issuer's deferred compensation plan for non-employee directors.
- [F5]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.
- [F6]The restricted stock units vest the earlier of the annual meeting or in one year on May 12, 2027 and were deferred until retirement from the Board under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.