HUNDMEJEAN MARTINA 4
4 · PRUDENTIAL FINANCIAL INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Prudential (PRU) Director Martina Hundmejean Receives Award
What Happened
Martina Hundmejean, a director of Prudential Financial, received three awards of deferred stock units on March 12, 2026. The grants were: 224 units at $92.34 ($20,684), 392 units at $92.34 ($36,197), and 26 units at $92.34 ($2,401), totaling 642 units valued at about $59,282. These were reported as derivative awards (not immediate share purchases).
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (appears to be timely).
- Grant prices/values: 224 @ $92.34 = $20,684; 392 @ $92.34 = $36,197; 26 @ $92.34 = $2,401. Total ≈ $59,282.
- Shares owned after transaction: not disclosed in the provided Form 4.
- Footnotes indicate the awards include: mandatory deferred stock units (notional shares), optional deferred stock units (notional shares), and restricted stock units.
- Payment/settlement choices and timing: units generally convert to one share per unit or cash at the holder’s election and can be deferred until retirement or other specified dates (see footnotes). Some RSUs vest the earlier of the annual meeting or May 13, 2026 and were deferred until retirement under the plan.
Context
These are compensation awards under Prudential’s deferred compensation plan for non‑employee directors (routine director pay), not open‑market purchases or sales. Because they are deferred/derivative awards, they represent a future right to receive shares or cash rather than immediate share ownership or a liquidity event.
Insider Transaction Report
Form 4
HUNDMEJEAN MARTINA
Director
Transactions
- Award
Notional Shares - Mandatory
[F1][F2]2026-03-12$92.34/sh+224$20,684→ 15,056 totalExercise: $0.00→ Common Stock (224 underlying) - Award
Notional Shares - Optional
[F3][F4]2026-03-12$92.34/sh+392$36,197→ 26,313 totalExercise: $0.00→ Common Stock (392 underlying) - Award
2025 Restricted Stock Units
[F5][F6]2026-03-12$92.34/sh+26$2,401→ 1,765 totalExercise: $0.00→ Common Stock (26 underlying)
Footnotes (6)
- [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 notional share - optional represents a deferred stock unit and entitles the holder thereof with the right to receive one share of Issuer common stock or the cash value thereof under the Issuer's deferred compensation plan for non-employee directors.
- [F4]Such shares are payable in common stock or cash, at the election of the reporting person, with payment to begin, at the election of the reporting person provided that such date shall be at least two (2) years after the end of the plan year with respect to which such elective deferrals relate. The reporting person may transfer her investment in the notional shares - optional to an alternative investment account, subject to the terms of the Issuer's deferred compensation plan for non-employee directors.
- [F5]Each restricted stock unit represents a contingent right to receive one share of PRU common stock or the economic equivalent thereof. The restricted stock units become payable, in PRU common stock or in cash, at the election of the reporting person, upon or following the reporting person's termination of service as a Director unless the reporting person elects an earlier date pursuant to the terms of the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.
- [F6]The restricted stock units vest the earlier of the annual meeting or in one year on May 13, 2026 and were deferred until retirement from the Board under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.
Signature
/s/ Danny Fiore, attorney-in-fact|2026-03-16