Kenneth Tanji - Dec 14, 2023 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
EVP and CFO
Signature
/s/ Richard J. Baker, attorney-in-fact
Stock symbol
PRU
Transactions as of
Dec 14, 2023
Transactions value $
-$720,218
Form type
4
Date filed
12/18/2023, 11:46 AM
Previous filing
Oct 4, 2023
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $439K +5.2K +11.02% $84.53 52.4K Dec 14, 2023 Direct
transaction PRU Common Stock Options Exercise $710K +9.1K +17.38% $78.08 61.4K Dec 14, 2023 Direct
transaction PRU Common Stock Options Exercise $562K +8.83K +14.38% $63.59 70.3K Dec 14, 2023 Direct
transaction PRU Common Stock Sale -$2.43M -23.1K -32.9% $105.14 47.2K Dec 14, 2023 Direct F1
holding PRU Common Stock 50 Dec 14, 2023 By 401(k) F2

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 2014 Employee Stock Option (Right to Buy) Options Exercise $0 -5.2K -100% $0.00* 0 Dec 14, 2023 Common Stock 5.2K $84.53 Direct F3
transaction PRU 2015 Employee Stock Option (Right to Buy) Options Exercise $0 -9.1K -100% $0.00* 0 Dec 14, 2023 Common Stock 9.1K $78.08 Direct F4
transaction PRU 2016 Employee Stock Option (Right to Buy) Options Exercise $0 -8.83K -100% $0.00* 0 Dec 14, 2023 Common Stock 8.83K $63.59 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following the transactions reported on this Form 4, Mr. Tanji continues to hold 47,155 shares directly and 50 shares indirectly in a 401(k) account. Mr. Tanji also holds an additional 60,385 vested stock options, 18,436 restricted stock units and 84,826 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F2 Amount reported has been adjusted to include 2 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).
F3 The options vest in three equal annual installments beginning on February 11, 2015.
F4 The options vest in three equal annual installments beginning on February 10, 2016.
F5 The options vested in three equal annual installments beginning on February 9, 2017.