George P. Waldeck Jr., Executive Vice President at Prudential Financial Inc, filed a Form 4 on November 3, 2026, disclosing transactions on October 31, 2026, related to the vesting of restricted stock units originally awarded on October 10, 2023.

Key Highlights

  • RSU vesting: 1,774 restricted stock units vested on October 31, 2026, acquired at $0, representing the conversion of previously awarded units to common stock on a 1-to-1 basis.
  • Tax withholding: 823 shares were disposed of at $116.45 per share to cover tax obligations related to the vesting.
  • Direct ownership after transactions: Waldeck directly holds 70,784 shares of common stock following the reported transactions.
  • Indirect holdings: 364 shares are held indirectly through a 401(k) plan, a figure adjusted to include 14 shares acquired under The Prudential Employee Savings Plan between December 31, 2025, and September 30, 2026.
  • Vesting schedule: According to the filing, the restricted stock units vested one-third per year beginning the last day of October 2024.
  • Issuer: Prudential Financial Inc, traded as NYSE:PRU.

Waldeck RSU Award Reaches Final Vesting Tranche at Prudential Financial

According to the Form 4 filing, George P. Waldeck Jr., identified as an Executive Vice President of Prudential Financial Inc (NYSE:PRU), reported two non-derivative transactions on October 31, 2026. The first was the acquisition of 1,774 shares of common stock at $0, representing the vesting of previously awarded restricted stock units. The second was the disposal of 823 shares at $116.45 per share, which the filing states represents shares withheld for the payment of taxes.

The derivative security disclosed in Table II identifies the award as "10/10/2023 Restricted Stock Units," with a conversion price of $0 and a 1-to-1 conversion ratio to common stock. The filing notes the units "vested 1/3 per year beginning the last day of October 2024." Following the October 31, 2026, transactions, the remaining balance of derivative securities beneficially owned is listed as 0, indicating this tranche has been fully settled.

In Table I, the filing also reports 364 shares held indirectly by Waldeck through a 401(k) plan. The filing notes this figure has been adjusted to include 14 shares of Prudential common stock acquired under The Prudential Employee Savings Plan between December 31, 2025, and September 30, 2026, and states that "the acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B)." The Form 4 was signed by Richard J. Baker as attorney-in-fact on November 3, 2026.

What Was Disclosed

Waldeck disclosed the vesting of 1,774 restricted stock units and the withholding of 823 shares for taxes on October 31, 2026, resulting in direct beneficial ownership of 70,784 shares and indirect ownership of 364 shares through a 401(k) plan.