ROBERT FALZON - 13 May 2024 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
EVP and Vice Chairman
Signature
/s/ Richard J. Baker, attorney-in-fact
Issuer symbol
PRU
Transactions as of
13 May 2024
Net transactions value
-$2,119,132
Form type
4
Filing time
15 May 2024, 16:45:14 UTC
Previous filing
04 Mar 2024
Next filing
08 Nov 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 $6,180,339 +66,199 +34% $93.36 263,082 13 May 2024 Direct
transaction PRU Common Stock Sale $7,232,651 -60,999 -23% $118.57 202,083 13 May 2024 Direct
transaction PRU Common Stock Options Exercise $7,125,538 +74,325 +37% $95.87 276,408 13 May 2024 Direct
transaction PRU Common Stock Sale $8,192,357 -69,093 -25% $118.57 207,315 13 May 2024 Direct F1
holding PRU Common Stock 687 13 May 2024 By 401(k)
holding PRU Common Stock 3,580 13 May 2024 By Spouse

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 2019 Employee Stock Option (Right to Buy) Options Exercise $0 -66,199 -100% $0.000000* 0 13 May 2024 Common Stock 66,199 $93.36 Direct F2
transaction PRU 2020 Employee Stock Option (Right to Buy) Options Exercise $0 -74,325 -100% $0.000000* 0 13 May 2024 Common Stock 74,325 $95.87 Direct F3
* 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. Falzon continues to hold 207,315 shares directly and 687 shares indirectly in a 401(k) account. Mr. Falzon also holds an additional 55,453 vested stock options, 50,260 unvested restricted stock units and 217,164 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F2 The options vest in three equal annual installments beginning on February 12, 2020.
F3 The options vest in three equal annual installments beginning on February 11, 2021.