1,754 RSUs granted to Prudential Financial (PRU) director, deferred to retirement
Rhea-AI Filing Summary
HUNDMEJEAN MARTINA reported acquisition or exercise transactions in this Form 4 filing.
Prudential Financial Inc director Martina Hundmejean received a grant of 1,754 restricted stock units on May 12, 2026. Each unit represents a contingent right to receive one share of PRU common stock or the economic equivalent in cash. The units vest at the earlier of the next annual meeting or May 12, 2027, and are payable upon or after her termination of service as a director, unless an earlier date is elected under the company’s 2011 Deferred Compensation Plan for Non-Employee Directors. This award has been deferred until her retirement from the board, and following the grant she holds 1,754 such units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUNDMEJEAN MARTINA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Restricted Stock Units | 1,754 | $0.00 | $0.00 |
Holdings After Transaction:
2026 Restricted Stock Units — 1,754 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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
RSUs granted: 1,754 units
Underlying common stock: 1,754 shares
Grant price: $0.00 per unit
+2 more
5 metrics
RSUs granted
1,754 units
Director equity award on May 12, 2026
Underlying common stock
1,754 shares
One PRU common share per RSU
Grant price
$0.00 per unit
Compensation award, no cash paid by director
Vesting date
Earlier of annual meeting or May 12, 2027
2026 non-employee director RSU grant
Payment timing
Upon or after termination of board service
Subject to elections under 2011 Deferred Compensation Plan
Key Terms
restricted stock unit, economic equivalent, Deferred Compensation Plan, vest, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of PRU common stock or the economic equivalent thereof."
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
"Each restricted stock unit represents a contingent right to receive one share of PRU common stock or the economic equivalent thereof."
Deferred Compensation Plan financial
"pursuant to the terms of the Prudential Financial, Inc. 2011 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.
vest financial
"The restricted stock units vest the earlier of the annual meeting or in one year on May 12, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
termination of service financial
"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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Prudential Financial (PRU) disclose in this Form 4 for Martina Hundmejean?
Prudential Financial reported that director Martina Hundmejean received 1,754 restricted stock units on May 12, 2026. These units are a form of deferred equity compensation tied to Prudential common stock or its cash equivalent.
How many restricted stock units did Prudential director Martina Hundmejean receive?
She received 1,754 restricted stock units as an equity award. Each unit represents a contingent right to one share of Prudential Financial common stock or the economic equivalent in cash, subject to vesting and payment conditions described in the plan.
When do Martina Hundmejean’s Prudential restricted stock units vest?
The restricted stock units vest at the earlier of Prudential’s next annual meeting or May 12, 2027. Vesting must occur before the units can be paid out in Prudential common stock or cash under the applicable deferred compensation plan.
When will Martina Hundmejean’s Prudential (PRU) RSUs be paid out?
The units become payable upon or following her termination of service as a director, unless she elects an earlier date under the 2011 Deferred Compensation Plan. The filing notes this award has been deferred until her retirement from the board.
What does each Prudential restricted stock unit granted to Martina Hundmejean represent?
Each restricted stock unit represents a contingent right to receive one share of Prudential Financial common stock or the economic equivalent in cash. Payment form—stock or cash—is determined at the election of the reporting person under the plan’s terms.
How many Prudential restricted stock units does Martina Hundmejean hold after this grant?
Following this grant, she holds 1,754 restricted stock units directly. These units are tied to Prudential Financial common stock and are deferred under the 2011 Deferred Compensation Plan for Non-Employee Directors until her retirement from the board.