Yanela Frias - Feb 10, 2025 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Signature
/s/ Richard J. Baker, attorney-in-fact
Stock symbol
PRU
Transactions as of
Feb 10, 2025
Transactions value $
-$138,767
Form type
4
Date filed
2/12/2025, 05:27 PM
Previous filing
Mar 22, 2024
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $0 +3.29K +23.41% $0.00 17.4K Feb 10, 2025 Direct F1
transaction PRU Common Stock Tax liability -$139K -1.24K -7.13% $112.09 16.1K Feb 10, 2025 Direct F2
holding PRU Common Stock 3 Feb 10, 2025 By 401(K) F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRU 2025 Restricted Stock Units Award $0 +7.14K $0.00 7.14K Feb 10, 2025 Common Stock 7.14K $0.00 Direct F4, F5
transaction PRU 2025 Performance Shares Award $0 +21.4K $0.00 21.4K Feb 10, 2025 Common Stock 21.4K $0.00 Direct F6, F7
transaction PRU 2022 Performance Shares Options Exercise $0 -4.04K -100% $0.00 0 Feb 10, 2025 Common Stock 4.04K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Compensation and Human Capital Committee determined the number of shares received based on the Company's return on equity ("ROE") performance relative to the ROE performance of a performance peer group of companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2022 through 2024 performance period.
F2 Represents shares withheld for the payment of taxes.
F3 Amount reported has been adjusted to include 1 share of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2023, and December 31, 2024, based on a plan statement dated December 31, 2024. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F4 The Restricted Stock Units convert to common stock on a 1 to 1 basis.
F5 The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2026.
F6 The performance shares convert to common stock on a 1 to 1 basis.
F7 Represents the target number of shares to be received. The actual number of shares to be received will be determined by the Compensation and Human Capital Committee in February 2028 based on the Company's ROE performance relative to a performance peer group of companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2025 through 2027 performance period.