Robert Falzon - Nov 6, 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
Nov 6, 2024
Transactions value $
-$731,852
Form type
4
Date filed
11/8/2024, 03:22 PM
Previous filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRU Common Stock Options Exercise $3.25M +29.4K +14.2% $110.45 237K Nov 6, 2024 Direct
transaction PRU Common Stock Sale -$3.61M -28.2K -11.89% $128.26 209K Nov 6, 2024 Direct F1
transaction PRU Common Stock Options Exercise $2.78M +26K +12.47% $106.89 235K Nov 6, 2024 Direct
transaction PRU Common Stock Sale -$3.15M -24.6K -10.48% $128.26 210K Nov 6, 2024 Direct F1, F2
holding PRU Common Stock 692 Nov 6, 2024 By 401(k) F3
holding PRU Common Stock 3.58K Nov 6, 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 2017 Employee Stock Option (Right to Buy) Options Exercise $0 -29.4K -100% $0.00 0 Nov 6, 2024 Common Stock 29.4K $110.45 Direct F4
transaction PRU 2018 Employee Stock Option (Right to Buy) Options Exercise $0 -26K -100% $0.00 0 Nov 6, 2024 Common Stock 26K $106.89 Direct F5
* 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 $128.25 to $128.39 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 transactions reported on this Form 4, Mr. Falzon continues to hold 210,031 shares directly and 692 shares indirectly in a 401(k) account. Mr. Falzon also holds an additional 50,260 unvested restricted stock units and 217,164 target performance shares (the exact number awarded being dependent on achievement of performance goals).
F3 Amount reported has been adjusted to include 5 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between December 31, 2023, and September 30, 2024, based on a plan statement dated September 30, 2024. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
F4 The options vest in three equal annual installments beginning on February 14, 2018.
F5 The options vest in three equal annual installments beginning on February 13, 2019.