Timothy L. Schmidt - Nov 16, 2023 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Signature
/s/ Danny Fiore, attorney-in-fact
Stock symbol
PRU
Transactions as of
Nov 16, 2023
Transactions value $
-$782,472
Form type
4
Date filed
11/20/2023, 01:31 PM
Previous filing
Mar 2, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Sale -$782K -8.28K -36.16% $94.49 14.6K Nov 16, 2023 Direct F1, F2
holding PRU Common Stock 277 Nov 16, 2023 By 401(k) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.47 to $94.52, inclusive. The reporting person undertakes to provide to Prudential Financial, Inc., any security holder of Prudential Financial, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 Following the transaction reported on this Form 4, Mr. Schmidt continues to hold 14,621 shares directly and 277 shares indirectly in a 401(k) account. Mr. Schmidt also holds an additional 14,905 vested stock options, 9,830 restricted stock units and 35,946 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3 Amount reported has been adjusted to include 11 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2022 and September 30, 2023 based on a plan statement dated September 30, 2023. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).