Form 4: Prudential Insurance Co of America Acquires Additional Shares in PGIM Private Real Estate Fund, Inc.

Prudential Insurance Co of America reports the acquisition of additional shares in PGIM Private Real Estate Fund, Inc., increasing its beneficial ownership.

Summary

• On March 12, 2025, Prudential Insurance Co of America acquired 87,047.354 shares of Class I Common Stock of PGIM Private Real Estate Fund, Inc. at a price of $28.72 per share.
• Following the transaction, Prudential Insurance Co of America directly holds 87,047.354 shares.
• Pruco Life Insurance Company directly holds 5,822,247.507 shares.
• The shares are indirectly held through wholly-owned subsidiaries of Prudential Financial, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a transaction. It doesn't inherently indicate positive or negative sentiment, but rather factual information.

Positives

• The acquisition of additional shares indicates a continued investment and confidence in PGIM Private Real Estate Fund, Inc. by Prudential.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and major shareholders, providing transparency to the market.

Stakeholder Impact

• The increased stake by Prudential could be viewed positively by shareholders, signaling confidence in the fund's performance.

Key Dates