Prudential Financial (NYSE: PRU) director granted new deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HUNDMEJEAN MARTINA reported acquisition or exercise transactions in this Form 4 filing.
Prudential Financial Inc. director Martina Hundmejean reported awards of equity-based compensation tied to the company’s common stock. She received 23 restricted stock units, 369 optional notional shares and 197 mandatory notional shares, all referenced at $106.5100 per share.
The restricted stock units and notional shares are granted under Prudential Financial’s deferred compensation plan for non-employee directors. Each unit generally represents the right to receive one share of common stock or its cash value, with payouts deferred until retirement or other specified dates elected under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
HUNDMEJEAN MARTINA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Notional Shares - Mandatory | 197 | $106.51 | $21K |
| Grant/Award | Notional Shares - Optional | 369 | $106.51 | $39K |
| Grant/Award | 2026 Restricted Stock Units | 23 | $106.51 | $2K |
Holdings After Transaction:
Notional Shares - Mandatory — 15,254 shares (Direct, null);
Notional Shares - Optional — 28,447 shares (Direct, null);
2026 Restricted Stock Units — 1,777 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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. 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. The restricted stock units vest the earlier of the annual meeting or in one year on May 12, 2027 and were deferred until retirement from the Board under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors.
Key Figures
Restricted stock units granted: 23 units
Optional notional shares granted: 369 units
Mandatory notional shares granted: 197 units
+4 more
7 metrics
Restricted stock units granted
23 units
Award dated 2026-06-11
Optional notional shares granted
369 units
Deferred stock units on 2026-06-11
Mandatory notional shares granted
197 units
Deferred stock units on 2026-06-11
Reference price per unit
$106.5100 per share
Grant-date reference price
RSUs after transaction
1,777 units
Total restricted stock units following grant
Optional notional shares after grant
28,447 units
Total optional notional shares following grant
Mandatory notional shares after grant
15,254 units
Total mandatory notional shares following grant
Key Terms
deferred stock unit, deferred compensation plan for non-employee directors, notional share - optional, notional share - mandatory, +2 more
6 terms
deferred stock unit financial
"represents a deferred stock unit and entitles the holder thereof with the right to receive one share"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
deferred compensation plan for non-employee directors financial
"under the Issuer's deferred compensation plan for non-employee directors"
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of PRU common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors financial
"under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors"
FAQ
What insider transaction did PRU director Martina Hundmejean report?
Martina Hundmejean reported equity awards as a non-employee director, not open-market trades. The filing shows grants of restricted stock units and notional shares under Prudential Financial’s deferred compensation plan, reflecting routine board compensation rather than discretionary buying or selling of common stock.
How many restricted stock units did Martina Hundmejean receive at Prudential Financial (PRU)?
She received 23 restricted stock units tied to Prudential Financial common stock. Each restricted stock unit represents a contingent right to one share or its economic equivalent, with payment generally deferred until after her board service ends or an earlier date allowed by the plan’s terms.
At what reference price were Martina Hundmejean’s PRU awards calculated?
The awards reference a price of $106.5100 per share for the underlying common stock. This price is used to determine the value of the restricted stock units and notional shares at grant, but payout later can occur in shares or cash, depending on the specific plan elections.
When will the restricted stock units for PRU’s director become payable?
The restricted stock units vest by May 12, 2027 or the annual meeting, whichever occurs earlier. They are then payable in Prudential common stock or cash upon or following her termination of service as a director, unless she elected an earlier permitted date under the plan.