4Accepted Sep 14, 5:03 PM ET
Prudential (PRU) Director Martina Hundmejean Receives Award
Accepted (ET)
5:03 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
11.7 KB
Summary
Prudential (PRU) Director Martina Hundmejean Receives Award
What Happened
Martina Hundmejean, a member of Prudential Financial Inc.'s Board of Directors, was granted a total of 537 equity units on September 10, 2026. The awards break down as 180, 336 and 21 units, each valued at $118.48 per share, for a combined reported value of $63,623. These awards were reported on a Form 4 as "A" (award/grant) and are derivative awards (deferred stock units and restricted stock units), not open-market purchases or sales.
Key Details
- Transaction date: September 10, 2026; Form 4 filed: September 14, 2026 (filed within the SEC two-business-day reporting window).
- Units granted: 180 + 336 + 21 = 537 notional/restricted units. Price used: $118.48 per share. Total reported value: $63,623.
- Nature of awards: derivative units under the non-employee director deferred compensation plan (deferred stock units / restricted stock units) — not immediate cash purchases or sales.
- Payout/vesting notes from filing:
- Some units are "notional share - mandatory" (deferred stock units payable as one share per unit at retirement; see F1/F2).
- Some are "notional share - optional" (deferred units payable in shares or cash, with elective deferral rules and possible transfer to alternative investments; see F3/F4).
- Some are restricted stock units that vest by the earlier of the annual meeting or May 12, 2027 and were deferred until retirement (see F5/F6).
- Shares owned after the grants: the excerpt does not specify total post-transaction beneficial ownership.
Context
These grants are routine director compensation provided as deferred stock units and restricted stock units. Such derivative awards give the director the right to receive common shares (or cash equivalent) in the future under specified vesting/payout rules and do not represent an immediate market buy or sell. For retail investors, purchases by insiders can be a stronger signal than routine grant awards; these entries mainly reflect standard non-employee director compensation and timing elections rather than an active bet on the stock.