Robert Falzon - May 13, 2024 Form 4 Insider Report for PRUDENTIAL FINANCIAL INC (PRU)

Role
EVP and Vice Chairman
Signature
/s/ Richard J. Baker, attorney-in-fact
Stock symbol
PRU
Transactions as of
May 13, 2024
Transactions value $
-$2,119,132
Form type
4
Date filed
5/15/2024, 04:45 PM
Previous filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $6.18M +66.2K +33.62% $93.36 263K May 13, 2024 Direct
transaction PRU Common Stock Sale -$7.23M -61K -23.19% $118.57 202K May 13, 2024 Direct
transaction PRU Common Stock Options Exercise $7.13M +74.3K +36.78% $95.87 276K May 13, 2024 Direct
transaction PRU Common Stock Sale -$8.19M -69.1K -25% $118.57 207K May 13, 2024 Direct F1
holding PRU Common Stock 687 May 13, 2024 By 401(k)
holding PRU Common Stock 3.58K May 13, 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 -66.2K -100% $0.00* 0 May 13, 2024 Common Stock 66.2K $93.36 Direct F2
transaction PRU 2020 Employee Stock Option (Right to Buy) Options Exercise $0 -74.3K -100% $0.00* 0 May 13, 2024 Common Stock 74.3K $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.