Prudential (NYSE: PFH) EVP Walia vests RSUs, withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prudential Financial Executive Vice President Vicki Walia reported routine equity compensation activity involving restricted stock units and common shares. On 2026-02-28, 2023, 2024, and 2025 Restricted Stock Units vested, with 678, 665, and 1,041 units converting into common stock on a 1-to-1 basis. To cover tax obligations, 229, 225, and 361 common shares were withheld at a price of $98.380 per share. After these derivative exercises, conversions, and tax-withholding dispositions, Walia directly owned 5,237 shares of Prudential Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,384 shares exercised/converted
Mixed
9 txns
Insider
Walia Vicki
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Restricted Stock Units | 678 | $0.00 | -- |
| Exercise | 2024 Restricted Stock Units | 665 | $0.00 | -- |
| Exercise | 2025 Restricted Stock Units | 1,041 | $0.00 | -- |
| Exercise | Common Stock | 678 | $0.00 | -- |
| Tax Withholding | Common Stock | 229 | $98.38 | $23K |
| Exercise | Common Stock | 665 | $0.00 | -- |
| Tax Withholding | Common Stock | 225 | $98.38 | $22K |
| Exercise | Common Stock | 1,041 | $0.00 | -- |
| Tax Withholding | Common Stock | 361 | $98.38 | $36K |
Holdings After Transaction:
2023 Restricted Stock Units — 0 shares (Direct);
2024 Restricted Stock Units — 666 shares (Direct);
2025 Restricted Stock Units — 2,082 shares (Direct);
Common Stock — 4,346 shares (Direct)
Footnotes (1)
- Represents the vesting of previously awarded restricted stock units. Represents shares withheld for the payment of taxes. The Restricted Stock Units convert to common stock on a 1 to 1 basis. The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2024. The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2025. The Restricted Stock Units will vest 1/3 per year beginning the last day of February 2026.
FAQ
What does the latest Form 4 for PRUDENTIAL FINANCIAL INC (PFH) show for Vicki Walia?
The Form 4 reports equity compensation events for Executive Vice President Vicki Walia. Several restricted stock unit awards vested and converted into common stock, and some of those shares were withheld to pay taxes, resulting in updated direct ownership of 5,237 common shares.
How many Prudential Financial restricted stock units vested for Vicki Walia on February 28, 2026?
On February 28, 2026, 678 2023 Restricted Stock Units, 665 2024 Restricted Stock Units, and 1,041 2025 Restricted Stock Units vested. Footnotes explain that these awards convert to Prudential Financial common stock on a 1-to-1 basis upon vesting, updating her equity position.
What is Vicki Walia’s direct common stock ownership in Prudential Financial after these transactions?
After the reported vesting and tax-withholding transactions, Executive Vice President Vicki Walia directly owned 5,237 shares of Prudential Financial common stock. This figure reflects both the new shares received from restricted stock unit conversions and the shares withheld to satisfy associated tax obligations.
What do the footnotes in the Prudential Financial (PFH) Form 4 filing explain about the restricted stock units?
The footnotes state that the reported amounts represent vesting of previously awarded restricted stock units, which convert into common stock on a 1-to-1 basis. They also describe that the units vest in thirds annually beginning on the last day of February 2024, 2025, and 2026.
Are the Form 4 transactions for Prudential Financial’s Vicki Walia open-market buys or routine equity events?
The transactions are routine equity compensation events, not open-market purchases. They involve exercises or conversions of restricted stock units into common stock and share dispositions coded "F" to cover tax liabilities associated with those vesting events, all under direct ownership.