PRUDENTIAL FINANCIAL INC·4

Jun 15, 2:21 PM ET

Jones Wendy Elizabeth 4

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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.