STOCK TITAN

Prudential units add PGIM Real Estate Fund (NYSE: PFH) stake

Filing Impact
(Very High)
Filing Sentiment
(Very Positive)
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 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)
  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.
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
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"
SEC Form 4
FORM 4UNITED 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*
PRUDENTIAL INSURANCE CO OF AMERICA

(Last)(First)(Middle)
751 BROAD STREET

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PGIM Real Estate Fund Inc. [ NONE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class I Common Stock, par value $0.001 per share04/29/2026P270,092.227A$30.363,573,698.664(2)ISee Footnote(1)
Class I Common Stock, par value $0.001 per share6,143,238.726(2)ISee Footnote(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
PRUDENTIAL INSURANCE CO OF AMERICA

(Last)(First)(Middle)
751 BROAD STREET

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
PRUDENTIAL FINANCIAL INC

(Last)(First)(Middle)
751 BROAD STREET

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
PRUCO LIFE INSURANCE CO

(Last)(First)(Middle)
213 WASHINGTON STREET

(Street)
NEWARK NEW JERSEY 07102

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Reflects securities directly held by The Prudential Insurance Company of America, which is a wholly owned subsidiary of Prudential Financial, Inc.
2. Includes shares issued pursuant to the Issuer's dividend reinvestment plan.
3. 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.
The Prudential Insurance Company of America, By: /s/ Andrew French, Name: Andrew French, Title: Attorney-in-Fact05/01/2026
Prudential Financial, Inc., By: /s/ Andrew French, Name: Andrew French, Title: Second Vice President05/01/2026
Pruco Life Insurance Company, By: /s/ Andrew French, Name: Andrew French, Title: Attorney-in-Fact05/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many PGIM Real Estate Fund shares did Pruco Life Insurance Company buy and at what price?

Pruco Life Insurance Company purchased 270,092.227 shares of PGIM Real Estate Fund Class I Common Stock. The transaction was an open-market purchase executed at a price of $30.36 per share on April 29, 2026, as disclosed in the insider filing data.

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.

How many PGIM Real Estate Fund shares are indirectly held by The Prudential Insurance Company of America?

The Prudential Insurance Company of America is reported as indirectly holding 6,143,238.726 shares of PGIM Real Estate Fund Class I Common Stock. These securities are directly held by the company and reported as an indirect ownership position in the Form 4 filing for the ten percent owner group.

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.