HUNDMEJEAN MARTINA 4

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.