Mannen Maryann T. 4
Research Summary
AI-generated summary
Prudential (PRU) Director Maryann Mannen Receives 23-Share RSU Award
What Happened
Maryann T. Mannen, a member of Prudential Financial's Board of Directors, was granted 23 restricted stock units (RSUs) on 2026-06-11. The award is reported at $106.51 per share, a total reported value of $2,450. This is an award/other acquisition (transaction code A) of a derivative security (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-11; Form 4 filed 2026-06-15 (timely).
- Reported price/value: $106.51 per unit; aggregate reported value $2,450.
- Security type: Restricted stock units (derivative). Each RSU represents a contingent right to one share on vesting.
- Vesting/deferral: RSUs vest the earlier of the annual meeting or May 12, 2027, and were deferred until retirement under Prudential's 2011 Deferred Compensation Plan for Non-Employee Directors.
- Shares owned after transaction: Not disclosed in the provided filing.
- Transaction code: A = Award/Grant.
Context
RSU awards to non-employee directors are common compensation and typically represent deferred pay rather than an immediate market bet. Because these units are deferred until retirement and are contingent on vesting conditions, they should not be read as a direct purchase signal. The filing appears timely (filed within the Form 4 reporting window).