Prudential (NYSE: PRU) SVP reports RSU vesting and tax-related share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRUDENTIAL FINANCIAL INC Senior Vice President Robert E. Boyle reported multiple equity award transactions dated February 28, 2026. Previously granted 2023, 2024, and 2025 Restricted Stock Units vested and were exercised or converted, with each Restricted Stock Unit converting into one share of common stock.
The filing shows common shares acquired at a price of $0.0000 per share upon RSU vesting, along with shares disposed of at $98.38 per share to cover tax withholding obligations. After these transactions, Boyle directly owned 5,125 common shares and indirectly held 935 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,511 shares exercised/converted
Mixed
10 txns
Insider
Boyle Robert E
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Restricted Stock Units | 899 | $0.00 | -- |
| Exercise | 2024 Restricted Stock Units | 832 | $0.00 | -- |
| Exercise | 2025 Restricted Stock Units | 780 | $0.00 | -- |
| Exercise | Common Stock | 899 | $0.00 | -- |
| Tax Withholding | Common Stock | 289 | $98.38 | $28K |
| Exercise | Common Stock | 832 | $0.00 | -- |
| Tax Withholding | Common Stock | 267 | $98.38 | $26K |
| Exercise | Common Stock | 780 | $0.00 | -- |
| Tax Withholding | Common Stock | 249 | $98.38 | $24K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2023 Restricted Stock Units — 0 shares (Direct);
2024 Restricted Stock Units — 832 shares (Direct);
2025 Restricted Stock Units — 1,562 shares (Direct);
Common Stock — 4,318 shares (Direct);
Common Stock — 935 shares (Indirect, By 401(k))
Footnotes (1)
- Represents the vesting of previously awarded restricted stock units. Represents shares withheld for the payment of taxes. The Restricted Stock Units convert to common stock on a 1 to 1 basis. The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2024. The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2025. The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2026.
FAQ
What insider transactions did PRU executive Robert E. Boyle report?
Robert E. Boyle reported vesting and conversion of Restricted Stock Units into Prudential common stock, plus tax-related share withholdings. These transactions on February 28, 2026 reflect routine equity compensation events rather than open-market buying or selling of shares.
What do the Restricted Stock Unit transactions mean for PRU stock ownership?
The Restricted Stock Unit transactions represent previously granted awards vesting and converting into PRU common stock. Each unit converts one-for-one into shares, increasing Boyle’s direct share ownership while some shares are withheld to satisfy tax obligations associated with the vesting.
How do the PRU Restricted Stock Units convert into common stock for Robert E. Boyle?
Each Restricted Stock Unit converts into one share of Prudential common stock on vesting. Footnotes state the units vest in one-third annual installments beginning on specified February dates for the 2023, 2024, and 2025 award cycles, then convert at a one-to-one ratio.