Gilbert F. Casellas - 14 Mar 2024 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
Director
Signature
/s/ Danny Fiore, attorney-in-fact
Issuer symbol
PRU
Transactions as of
14 Mar 2024
Net transactions value
+$52,406
Form type
4
Filing time
18 Mar 2024, 16:55:08 UTC
Previous filing
18 Dec 2023
Next filing
13 May 2024

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 Notional Shares - Mandatory Award $49,948 +447 +1.2% $111.74 38,884 14 Mar 2024 Common Stock 447 $0.000000 Direct F1, F2
transaction PRU 2023 Restricted Stock Units Award $2,458 +22 +1.2% $111.74 1,935 14 Mar 2024 Common Stock 22 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each notional share - mandatory represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock under the Issuer's deferred compensation plan for non-employee directors.
F2 Such shares are issuable, at the election of the reporting person, to begin on either (i) a date prior to the reporting person's retirement date, provided that such date is no earlier than the January 1 in the year following the plan period during which such fees would otherwise have been payable to the reporting person, (ii) within 90 days following the reporting person's retirement date, or (iii) such later date as selected by the reporting person, provided however, that payment must commence in the year the reporting person attains age 70 1/2.
F3 Each restricted stock unit represents a contingent right to receive the economic equivalent of one share of PRU common stock.
F4 The restricted stock units vest the earlier of the annual meeting or in one year on May 9, 2024.