Prudential units add PGIM Real Estate Fund (NYSE: PFH) stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PGIM Real Estate Fund Inc. reported an insider Form 4 showing affiliated Prudential entities as significant indirect holders. On April 29, 2026, Pruco Life Insurance Company, a wholly owned subsidiary of The Prudential Insurance Company of America, executed an open-market purchase of 270,092.227 Class I Common shares at $30.36 per share, bringing its indirect holdings to 3,573,698.664 shares. A separate holding line shows The Prudential Insurance Company of America with 6,143,238.726 shares indirectly held. The filing notes that these positions include shares issued through the fund’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 270,092.227 shares ($8,200,000)
Net Buy
2 txns
Insider
PRUDENTIAL INSURANCE CO OF AMERICA, PRUDENTIAL FINANCIAL INC, PRUCO LIFE INSURANCE CO
Role
null | null | null
Bought
270,092.227 shs ($8.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class I Common Stock, par value $0.001 per share | 270,092.227 | $30.36 | $8.20M |
| holding | Class I Common Stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Class I Common Stock, par value $0.001 per share — 3,573,698.664 shares (Indirect, See Footnote)
Footnotes (1)
- Reflects securities directly held by The Prudential Insurance Company of America, which is a wholly owned subsidiary of Prudential Financial, Inc. Includes shares issued pursuant to the Issuer's dividend reinvestment plan. Reflects securities directly held by Pruco Life Insurance Company, which is a wholly owned subsidiary of The Prudential Insurance Company of America, which in turn is a wholly owned subsidiary of Prudential Financial, Inc.
Key Figures
Open-market purchase: 270,092.227 shares
Purchase price: $30.36 per share
Pruco Life holding: 3,573,698.664 shares
+1 more
4 metrics
Open-market purchase
270,092.227 shares
Class I Common Stock bought on April 29, 2026
Purchase price
$30.36 per share
Price for 270,092.227-share open-market transaction
Pruco Life holding
3,573,698.664 shares
Indirect Class I Common Stock after April 29, 2026 trade
Prudential Insurance holding
6,143,238.726 shares
Indirect Class I Common Stock position reported as a holding
Key Terms
open-market purchase, dividend reinvestment plan, ten percent owner, indirect ownership
4 terms
open-market purchase financial
"executed an open-market purchase of 270,092.227 Class I Common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
dividend reinvestment plan financial
"Includes shares issued pursuant to the Issuer's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
ten percent owner regulatory
"reporting persons are identified as a ten percent owner of the issuer"
indirect ownership financial
"total_shares_following_transaction reported as indirect ownership with nature of ownership"
FAQ
What insider activity was reported for PGIM Real Estate Fund (PFH)?
The filing reports an open-market purchase of PGIM Real Estate Fund Class I Common Stock by a Prudential-affiliated insurer. On April 29, 2026, Pruco Life Insurance Company bought 270,092.227 shares at $30.36 per share, increasing its indirect ownership position in the fund.
What is Pruco Life Insurance Company’s total indirect PGIM Real Estate Fund holding after the transaction?
After the April 29, 2026 purchase, Pruco Life Insurance Company’s total indirect holding in PGIM Real Estate Fund Class I Common Stock is 3,573,698.664 shares. This figure reflects the updated position reported following the 270,092.227-share open-market purchase at $30.36 per share.
Do Prudential’s reported PGIM Real Estate Fund holdings include dividend reinvestment plan shares?
Yes. The filing states that the reported PGIM Real Estate Fund holdings include shares issued under the issuer’s dividend reinvestment plan. This means part of the total share counts for Prudential-affiliated entities comes from automatically reinvested dividends rather than only from open-market purchases.
Which entities are listed as ten percent owners of PGIM Real Estate Fund in this filing?
The filing identifies three Prudential-related entities as ten percent owners: The Prudential Insurance Company of America, Prudential Financial, Inc., and Pruco Life Insurance Company. Their reported positions are held indirectly, with securities directly owned by the respective insurance subsidiaries as described in the footnotes.