Prudential Financial (NYSE: PRU) CFO details RSU vesting and tax shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prudential Financial EVP and CFO Yanela Frias reported multiple equity award vestings and related tax withholdings. On February 28, 2026, 2023, 2024 and 2025 Restricted Stock Units vested and were converted into common stock on a 1-to-1 basis, resulting in acquisitions of 678, 950 and 2,379 common shares, respectively.
To cover tax obligations, 230, 328 and 844 common shares were automatically withheld and disposed of at a price of $98.38 per share. After these transactions, she directly held 22,794 common shares and indirectly held 4 shares through a 401(k) plan. The footnotes clarify these are routine vesting and tax-withholding events.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,007 shares exercised/converted
Mixed
10 txns
Insider
Frias Yanela
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2023 Restricted Stock Units | 678 | $0.00 | -- |
| Exercise | 2024 Restricted Stock Units | 950 | $0.00 | -- |
| Exercise | 2025 Restricted Stock Units | 2,379 | $0.00 | -- |
| Exercise | Common Stock | 678 | $0.00 | -- |
| Tax Withholding | Common Stock | 230 | $98.38 | $23K |
| Exercise | Common Stock | 950 | $0.00 | -- |
| Tax Withholding | Common Stock | 328 | $98.38 | $32K |
| Exercise | Common Stock | 2,379 | $0.00 | -- |
| Tax Withholding | Common Stock | 844 | $98.38 | $83K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2023 Restricted Stock Units — 0 shares (Direct);
2024 Restricted Stock Units — 951 shares (Direct);
2025 Restricted Stock Units — 4,759 shares (Direct);
Common Stock — 20,867 shares (Direct);
Common Stock — 4 shares (Indirect, By 401(K))
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.
