Prudential director gets equity awards at $118
Prudential Financial director Wendy Jones received new deferred stock units and restricted stock units as part of non-employee director compensation on September 10, 2026.
Rhea-AI Filing Summary
PRUDENTIAL FINANCIAL INC (symbol: PFH) is the issuer of record for a Form 4 filing submitted to the SEC. Jones Wendy Elizabeth reported acquisition or exercise transactions in this Form 4 filing.
PRUDENTIAL FINANCIAL INC (PFH) reported that director Wendy Elizabeth Jones received equity-based awards on September 10, 2026. She was granted 115 mandatory notional shares, 21 optional notional shares, and 21 restricted stock units, each tied to one share of common stock and valued at $118.48 per unit for reporting purposes.
The mandatory and optional notional shares are deferred stock units under the non-employee director deferred compensation plan, payable in stock or cash at dates elected by Jones, subject to plan timing rules. The 2026 restricted stock units vest at the earlier of the next annual meeting or May 12, 2027. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 157 shares
Grant/Award
3 txns
Insider
Jones Wendy Elizabeth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Notional Shares - Mandatory F1, F2 | 115 | $118.48 | $14K |
| Grant/Award | Notional Shares - Optional F3, F4 | 21 | $118.48 | $2K |
| Grant/Award | 2026 Restricted Stock Units F5, F6 | 21 | $118.48 | $2K |
Holdings After Transaction:
Notional Shares - Mandatory — 9,895 contracts (Direct);
Notional Shares - Optional — 1,809 contracts (Direct);
2026 Restricted Stock Units — 1,798 contracts (Direct)
Footnotes (6)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. Each restricted stock unit represents a contingent right to receive the economic equivalent of one share of PRU common stock.
- F6. The restricted stock units vest the earlier of the annual meeting or in one year on May 12, 2027.
Key Figures
Mandatory notional shares granted: 115 units
Optional notional shares granted: 21 units
Restricted stock units granted (2026 grant): 21 units
+4 more
7 metrics
Mandatory notional shares granted
115 units
Deferred stock units granted September 10, 2026
Optional notional shares granted
21 units
Deferred stock units granted September 10, 2026
Restricted stock units granted (2026 grant)
21 units
2026 restricted stock units granted September 10, 2026
Reference value per unit
$118.48 per unit
Reported transaction price per derivative unit for all three grants
Mandatory notional shares held after grant
9,895 units
Total direct holdings of mandatory notional shares after September 10, 2026 grant
Optional notional shares held after grant
1,809 units
Total direct holdings of optional notional shares after September 10, 2026 grant
Restricted stock units held after grant
1,798 units
Total direct holdings of restricted stock units after September 10, 2026 grant
Key Terms
deferred stock unit, deferred compensation plan, restricted stock unit, economic equivalent
4 terms
deferred stock unit financial
"Each notional share - mandatory represents a deferred stock unit and entitles"
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.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive"
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.
economic equivalent financial
"represents a contingent right to receive the economic equivalent of one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did PRUDENTIAL FINANCIAL INC (PFH) grant to director Wendy Jones?
On September 10, 2026, Wendy Jones received 115 mandatory notional shares, 21 optional notional shares, and 21 restricted stock units, each representing the right to receive the economic equivalent of one share of Prudential Financial common stock.
When do Wendy Jones’s 2026 restricted stock units in PFH vest?
The 2026 restricted stock units granted to Wendy Jones vest at the earlier of the annual meeting or May 12, 2027. Each restricted stock unit represents a contingent right to receive the economic equivalent of one share of Prudential Financial common stock.
Were Wendy Jones’s PFH equity transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 plan is reported for these transactions, and they are characterized as grants or awards of derivative securities rather than open-market purchases or sales.
What are Wendy Jones’s post-transaction derivative holdings reported for PFH?
After the September 10, 2026 grants, Wendy Jones holds 9,895 mandatory notional shares, 1,809 optional notional shares, and 1,798 restricted stock units, all reported as directly owned and each linked to one share of Prudential Financial common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
