Prudential Financial (PRU) director receives 23 restricted stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mannen Maryann T. reported acquisition or exercise transactions in this Form 4 filing.
Prudential Financial director Maryann T. Mannen received a routine equity compensation grant in the form of restricted stock units. She was awarded 23 restricted stock units tied to Prudential Financial common stock at a reference value of $106.51 per unit.
Each unit represents a contingent right to receive one share of common stock and will vest at the earlier of the company’s annual meeting or one year on May 12, 2027. The units are deferred until her retirement from the Board under Prudential Financial’s 2011 Deferred Compensation Plan for non-employee directors, and her total restricted stock unit holdings following this award are 1,777 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mannen Maryann T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Restricted Stock Units | 23 | $106.51 | $2K |
Holdings After Transaction:
2026 Restricted Stock Units — 1,777 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive 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
Grant reference price: $106.51 per unit
Total RSUs after grant: 1,777 units
+2 more
5 metrics
Restricted stock units granted
23 units
Grant of 2026 Restricted Stock Units on June 11, 2026
Grant reference price
$106.51 per unit
Reported price per restricted stock unit for the award
Total RSUs after grant
1,777 units
Restricted stock units beneficially owned following the transaction
Underlying common shares
23 shares
Each RSU represents a contingent right to one common share
Vesting date
May 12, 2027
Vests earlier of annual meeting or one year on this date
Key Terms
Restricted Stock Units, contingent right, vest, 2011 Deferred Compensation Plan for Non-Employee Directors
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of PRU common stock."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PRU common stock."
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.
2011 Deferred Compensation Plan for Non-Employee Directors financial
"were deferred until retirement from the Board under the Prudential Financial, Inc. 2011 Deferred Compensation Plan for Non-Employee Directors."
FAQ
What did Prudential Financial (PRU) director Maryann T. Mannen report in this Form 4?
Maryann T. Mannen reported receiving 23 restricted stock units linked to PRU common stock. These units are a form of equity compensation for her board service and increase her total restricted stock unit holdings to 1,777 units.
What are the key terms of the restricted stock units granted to PRU director Maryann T. Mannen?
The grant covers 23 restricted stock units, each representing a contingent right to one PRU share. The units vest at the earlier of the annual meeting or one year on May 12, 2027, and are deferred until her retirement from the Board.
How many restricted stock units does Maryann T. Mannen hold after this transaction at Prudential Financial (PRU)?
After this grant, Maryann T. Mannen holds 1,777 restricted stock units. This figure reflects her accumulated equity-based compensation as a non-employee director, including the newly awarded 23-unit grant reported in this Form 4 filing.
How is the value of Maryann T. Mannen’s new restricted stock units at Prudential Financial (PRU) determined?
The Form 4 shows a reference price of $106.51 per restricted stock unit for the 23-unit grant. This figure is typically based on the market value of PRU common stock on the grant date and is used for reporting and compensation purposes.