Prudential Financial (PFH) EVP gets stock awards and withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prudential Financial Executive Vice President George P. Waldeck Jr. reported multiple equity transactions on February 9, 2026. He received 6,605 restricted stock units and 15,411 performance shares, each convertible into common stock on a 1-to-1 basis, as long-term incentive awards.
On the same date, 12,371 2023 performance shares were exercised into 10,924 shares of common stock, and 3,939 shares of common stock at $102.2 per share were withheld to pay taxes. Following these transactions, he directly owned 65,897 common shares and indirectly held 350 shares through a 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
12,371 shares exercised/converted
Mixed
6 txns
Insider
Waldeck George P Jr.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Restricted Stock Units | 6,605 | $0.00 | -- |
| Grant/Award | 2026 Performance Shares | 15,411 | $0.00 | -- |
| Exercise | 2023 Performance Shares | 12,371 | $0.00 | -- |
| Exercise | Common Stock | 10,924 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,939 | $102.20 | $403K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2026 Restricted Stock Units — 6,605 shares (Direct);
2026 Performance Shares — 15,411 shares (Direct);
2023 Performance Shares — 0 shares (Direct);
Common Stock — 69,836 shares (Direct);
Common Stock — 350 shares (Indirect, By 401(k))
Footnotes (1)
- The Compensation and Human Capital Committee determined the number of shares received based on the Company's return on equity ("ROE") performance relative to the ROE performance of a performance peer group of companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2023 through 2025 performance period. 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 in February 2027. The performance shares convert to common stock on a 1 to 1 basis. Represents the target number of shares to be received. The actual number of shares to be received will be determined by the Compensation and Human Capital Committee in February 2029 based on the Company's ROE performance relative to a performance peer group of companies and performance relative to a pre-determined goal for growth in adjusted book value per share for the 2026 through 2028 performance period.
FAQ
Who is the insider in this Form 4 for PFH and what is their role?
The insider is George P. Waldeck Jr., an Executive Vice President of Prudential Financial. He is an officer, not a director or 10% owner, and reported equity-based compensation and related share settlements on February 9, 2026.
What equity awards did George P. Waldeck Jr. receive in the PFH Form 4?
He received 6,605 restricted stock units and 15,411 performance shares on February 9, 2026. Both awards convert into Prudential Financial common stock on a 1-to-1 basis, subject to vesting and performance conditions set by the Compensation and Human Capital Committee.
How do the new restricted stock units for PFH vest over time?
The 6,605 restricted stock units awarded in 2026 vest in three equal installments. Footnotes state they will vest at a rate of one-third per year, beginning in February 2027, with each vested unit converting into one share of common stock.