Jones Wendy Elizabeth 4
4 · PRUDENTIAL FINANCIAL INC · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Prudential (PRU) Director Wendy Jones Receives Deferred Stock Awards
What Happened Wendy Elizabeth Jones, a director of Prudential Financial, received three grants of derivative awards (reported as acquisitions) on June 11, 2026. The grants total 172 units: 126 units at $106.51 each (valued at $13,420) and two grants of 23 units each at $106.51 (each valued at $2,450), for a combined reported value of $18,320. These are reported as awards/grants (transaction code A) rather than open-market purchases or sales.
Key Details
- Transaction date: June 11, 2026; Filing date: June 15, 2026 (file appears late versus the typical 2-business-day Form 4 reporting requirement).
- Price reported: $106.51 per share-equivalent for all grants.
- Shares/units granted: 126 + 23 + 23 = 172 notional/derivative units; total reported value ≈ $18,320.
- Shares owned after transaction: Not specified in this filing.
- Nature of awards: Reported as derivative interests (deferred stock units / restricted stock units) — see footnotes for payment timing and vesting rules.
- Transaction code: A = Award/Grant (derivative).
Context These grants represent deferred stock units or restricted stock units under Prudential’s non-employee director deferred compensation plan, not immediate new common shares in hand. Per the filing footnotes, some units are "notional" deferred stock units (convertible to one share or cash at the director’s election, subject to timing rules), and restricted stock units vest either at the earlier of the next annual meeting or by May 12, 2027. Such director awards are routine compensation and do not by themselves indicate a buy/sell sentiment about the company. The late filing may reduce near-term transparency for investors but does not change the substance of the reported awards.
Insider Transaction Report
- Award
Notional Shares - Mandatory
[F1][F2]2026-06-11$106.51/sh+126$13,420→ 9,779 totalExercise: $0.00→ Common Stock (126 underlying) - Award
Notional Shares - Optional
[F3][F4]2026-06-11$106.51/sh+23$2,450→ 1,788 totalExercise: $0.00→ Common Stock (23 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 the economic equivalent of one share of PRU common stock.
- [F6]The restricted stock units vest the earlier of the annual meeting or in one year on May 12, 2027.