Prudential (NYSE: PRU) director awarded RSUs and deferred notional shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Di Sibio Carmine reported acquisition or exercise transactions in this Form 4 filing.
Prudential Financial director Carmine Di Sibio received new stock-based compensation awards rather than trading shares in the market. On June 11, 2026, he was granted 23 2026 Restricted Stock Units and 41 notional shares – mandatory, each tied to one share of PRU common stock or its economic equivalent at a reference price of $106.51 per unit. The restricted stock units vest at the earlier of the next annual meeting or in one year on May 12, 2027 and are deferred until retirement from the board, while the notional shares are deferred deferred stock units under Prudential’s non‑employee director deferred compensation plan, payable in shares or cash beginning around or after his retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Di Sibio Carmine
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Notional Shares - Mandatory | 41 | $106.51 | $4K |
| Grant/Award | 2026 Restricted Stock Units | 23 | $106.51 | $2K |
Holdings After Transaction:
Notional Shares - Mandatory — 3,198 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 or the economic equivalent 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 restricted stock unit represents a contingent right to receive the economic equivalent of one share of PRU common stock. 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
Notional shares granted: 41 units
Reference price per unit: $106.51 per unit
+3 more
6 metrics
Restricted Stock Units granted
23 units
2026 Restricted Stock Units granted on June 11, 2026
Notional shares granted
41 units
Notional Shares - Mandatory granted on June 11, 2026
Reference price per unit
$106.51 per unit
Transaction price per share used for both grants
RSU holdings after grant
1,777 units
Total 2026 Restricted Stock Units following transaction
Notional share holdings after grant
3,198 units
Total Notional Shares - Mandatory following transaction
RSU conversion price
$0.00
Conversion or exercise price for restricted stock units
Key Terms
Restricted Stock Units, notional share - mandatory, deferred stock unit, deferred compensation plan, +2 more
6 terms
Restricted Stock Units financial
"2026 Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred stock unit financial
"represents a deferred stock unit and entitles the holder"
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 financial
"under the Issuer's deferred compensation plan for non-employee directors"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
economic equivalent financial
"receive one share of Issuer common stock or the economic equivalent"
contingent right financial
"represents a contingent right to receive the economic equivalent"
FAQ
What insider transactions did Prudential (PRU) director Carmine Di Sibio report?
Carmine Di Sibio reported grants of stock-based compensation, not market trades. He received 23 restricted stock units and 41 mandatory notional shares, each linked to one share of Prudential common stock or its economic equivalent under director compensation plans.
Were the recent Form 4 transactions for Prudential (PRU) open-market buys or sells?
The reported Form 4 transactions were not open-market buys or sells. They are coded as grants or awards, reflecting stock-based compensation for a non-employee director, with units deferred under Prudential’s deferred compensation arrangements rather than immediately traded in the market.
What are the 2026 Restricted Stock Units granted to the Prudential (PRU) director?
The 2026 Restricted Stock Units are compensation awards giving a contingent right to the economic equivalent of one PRU share per unit. Carmine Di Sibio received 23 such units, which vest at the earlier of the next annual meeting or in one year on May 12, 2027.