SULLIVAN ANDREW F 4

What Happened
Andrew F. Sullivan, CEO of Prudential Financial, received a grant/award of 145 deferred compensation shares (reported as a derivative acquisition) on 2026-03-12. The award is reported at $92.34 per unit, for a total value of approximately $13,389.

Key Details

• Transaction type: A (award/grant/acquisition — derivative)
• Transaction date: 2026-03-12; Filing date: 2026-03-16
• Price/value: 145 shares × $92.34 = $13,389 (reported value)
• Shares owned after transaction: not disclosed in the supplied filing
• Footnotes:
  • F1: Deferred Compensation Shares are unitized and convert to common stock on a 1:1 basis.
  • F2: Deferred Compensation Shares are deemed immediately exercisable and are payable in cash at a date selected by the participant.
• No indication in the provided data that the filing was late.

Context
This was a derivative award under Prudential’s deferred compensation arrangements, not an open-market purchase or sale. Deferred compensation awards are typically converted or paid out later per plan terms (here convertible 1:1 to common stock and/or payable in cash at the participant’s chosen date), so this transaction reflects compensation accrual rather than an outright market investment decision.