Prudential (PRU) SVP Robert Boyle Receives RSUs; 115 Shares Withheld

What Happened

• Robert E. Boyle, Senior Vice President of Prudential Financial (PRU), had 353 restricted stock units (RSUs) convert to common stock on August 31, 2026. Of those, 115 shares were withheld to satisfy tax withholding obligations, resulting in a tax withholding disposition valued at $13,524 (115 × $117.60). The conversion/vesting is reported with transaction code M (exercise/conversion of derivative) and the withholding with code F (payment of tax liability).

Key Details

• Transaction date: August 31, 2026; Form 4 filed September 2, 2026 (appears timely).
• RSUs converted/acquired: 353 shares at $0.00 reported (vesting conversion).
• Shares withheld/disposed for taxes: 115 shares at $117.60 each = $13,524.
• Footnotes of note:
  • F1/F5/F6: These were previously awarded RSUs that convert 1:1 to common stock and vest 1/3 per year beginning Aug 31, 2024.
  • F3: 115 shares were withheld to pay taxes (common withholding practice, not an open-market sale).
  • F2: The amount beneficially owned reported on prior Form 4s (2/11/26 and 3/03/26) was corrected in this filing (Column 5).
  • F4: Reported beneficial ownership was adjusted to include 27 shares acquired under the Prudential Employee Savings Plan (exempt from Section 16).
• Shares owned after the transaction: The filing indicates Column 5 was corrected, but the specific post-transaction total is not provided in the excerpt supplied here.

Context

• This was a routine RSU vesting event, not an open-market sale or purchase. The 115-share disposition reflects shares withheld to cover tax obligations (a standard administrative step) rather than a discretionary sale. The RSUs convert 1:1 to common stock and follow a multi-year vesting schedule noted in the footnotes. Previous Form 4s contained a reporting error in beneficial ownership that this filing corrects.