Charles F. Lowrey - 28 Feb 2023 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
Chief Executive Officer, Director, Chairman of the Board
Signature
/s/ Richard J. Baker, attorney-in-fact
Issuer symbol
PRU
Transactions as of
28 Feb 2023
Net transactions value
-$1,067,000
Form type
4
Filing time
02 Mar 2023, 16:29:07 UTC
Previous filing
16 Feb 2023
Next filing
15 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $0 +11,564 +11% $0.000000 121,181 28 Feb 2023 Direct F1
transaction PRU Common Stock Tax liability $612,400 -6,124 -4.9% $100.00 119,096 28 Feb 2023 Direct F2
transaction PRU Common Stock Options Exercise $0 +8,585 +7.4% $0.000000 125,220 28 Feb 2023 Direct F1
transaction PRU Common Stock Tax liability $454,600 -4,546 -3.8% $100.00 116,635 28 Feb 2023 Direct F2
holding PRU Common Stock 269 28 Feb 2023 By 401(k)

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 2021 Restricted Stock Units Options Exercise $0 -11,564 -50% $0.000000 11,565 28 Feb 2023 Common Stock 11,564 Direct F3, F4
transaction PRU 2022 Restricted Stock Units Options Exercise $0 -8,585 -33% $0.000000 17,172 28 Feb 2023 Common Stock 8,585 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of previously awarded restricted stock units.
F2 Represents shares withheld for the payment of taxes.
F3 The Restricted Stock Units convert to common stock on a 1 to 1 basis.
F4 The Restricted Stock Units will vest 1/3 per year beginning on February 28, 2022.
F5 The Restricted Stock Units will vest 1/3 per year beginning on February 28, 2023.