Form 4: Prudential Financial Executive Vice President Caroline Feeney Reports Sale of Common Stock

Executive Vice President Caroline Feeney reported selling 11,197 shares of Prudential Financial Inc. common stock at an average price of $110.53 on March 11, 2024.

Summary

• On March 11, 2024, Caroline Feeney, an Executive Vice President at Prudential Financial Inc., sold 11,197 shares of common stock.
• The sale was executed at a weighted average price of $110.53 per share, with individual transactions ranging from $110.51 to $110.64.
• Following the transaction, Ms. Feeney directly holds 11,285 shares and indirectly holds 7,954 shares through a 401(k) account.
• Ms. Feeney also holds 6,662 vested stock options, 79,293 restricted stock units, and 73,451 target performance shares.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock sales by an executive, with no inherent positive or negative sentiment. It's a factual report of a transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like executive officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with access to non-public information.

Stakeholder Impact

• The sale of shares by an executive may be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a normal part of personal financial management.

Key Dates