PGIM Global High Yield Fund (GHY) Director Disposes of Shares

Rhea-AI Filing Summary

Barry H. Evans, a director of PGIM Global High Yield Fund, Inc. (GHY), reported a sale of company common stock. On 09/05/2025 Mr. Evans disposed of 26,421 shares at a reported price of $13.357 per share, leaving him with 15,632 shares beneficially owned. The Form 4 shows no derivative transactions and was signed under power of attorney on 09/08/2025.

Positive

• No derivative transactions were reported in Table II, simplifying the ownership picture
• Beneficial ownership after the sale is explicitly stated (15,632 shares), giving clear post-transaction holdings

Negative

• Insider sale of 26,421 shares reduces the director's direct stake
• Form signed by power of attorney rather than the reporting person (may limit direct commentary on intent)

Insights

Financial Analyst

TL;DR: Director sold a portion of holdings, reducing direct beneficial ownership to 15,632 shares; no derivatives reported.

The reported sale of 26,421 shares at $13.357 on 09/05/2025 reduces the director's direct stake to 15,632 shares. This is a routine insider disposition disclosed on Form 4 and contains no information about intent or firm-level financial performance. For investors, the filing documents change in insider holdings but does not provide causal context or signal about company fundamentals.

Corporate Governance Expert

TL;DR: Routine insider sale disclosed; no derivative activity and disclosure executed via power of attorney.

The Form 4 indicates a standard Section 16 disclosure of an insider sale. The signature block shows the filing was executed by a power of attorney, which is common for institutional reporting. The filing does not include any related-party transactions, option exercises, or amendments that would raise governance flags.

Insider Trade Summary

Net Seller: 26,421 shares ($352,905)

Net Sell 1 txn

Insider Evans Barry H

Role Director

Sold 26,421 shs ($353K)

Type	Security	Shares	Price	Value
Sale	GHY Common Stock	26,421	$13.357	$353K

Holdings After Transaction: GHY Common Stock — 15,632 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Evans Barry H

(Last) (First) (Middle)

C/O PGIM INVESTMENTS

655 BROAD STREET

(Street)

NEWARK NJ 07102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PGIM Global High Yield Fund, Inc. [ GHY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
GHY Common Stock	09/05/2025		S		26,421	D	$13.357	15,632	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Andrew French as Power of Attorney for Barry H. Evans	09/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Barry H. Evans report on Form 4 for GHY?

He reported a sale of 26,421 shares of PGIM Global High Yield Fund, Inc. common stock on 09/05/2025 at a price of $13.357, leaving him with 15,632 shares.

Does the Form 4 show any option or derivative transactions for GHY?

No. Table II contains no derivative securities; only a non-derivative stock sale is reported.

When was the Form 4 signed and by whom?

Signed on 09/08/2025 by Andrew French as Power of Attorney for Barry H. Evans.

How many shares does the reporting person own after the reported transaction?

15,632 shares of GHY common stock are reported as beneficially owned following the sale.

What price was reported for the sale of GHY shares?

$13.357 per share was reported for the disposition on 09/05/2025.