Prudential Financial Confirms NYSE Listing for Common Stock

TL;DR

**Prudential's common stock is officially listed on the NYSE, business as usual.**

AI Summary

Prudential Financial, Inc. filed an 8-K on January 16, 2024, reporting an event that occurred on January 10, 2024. This filing primarily updates the securities registered under Section 12(b) of the Exchange Act, specifically listing its Common Stock (trading symbol PRU) on the New York Stock Exchange. For investors, this filing is a routine update confirming the listing of its primary stock, which is important for liquidity and market access, but it doesn't announce any new financial or operational changes that would significantly impact the stock's immediate value.

Why It Matters

This filing confirms the official listing of Prudential's Common Stock on the New York Stock Exchange, which is standard practice and ensures continued market access and liquidity for investors.

Risk Assessment

Risk Level: low — This filing is a routine administrative update and does not introduce any new financial or operational risks to the company.

Analyst Insight

This filing is a routine administrative update and does not provide new information that would warrant an immediate investment action. Investors should continue to monitor Prudential's financial performance and broader market trends.

Key Numbers

• $.01 — Par Value (Par value of Prudential Financial, Inc.'s Common Stock)

Key Players & Entities

• PRUDENTIAL FINANCIAL, INC. (company) — the registrant filing the 8-K
• New York Stock Exchange (company) — the exchange where Prudential's Common Stock is registered
• PRU (company) — the trading symbol for Prudential's Common Stock
• January 10, 2024 (date) — date of earliest event reported
• January 16, 2024 (date) — date the 8-K was filed
• $.01 (dollar_amount) — par value of Common Stock

Forward-Looking Statements

• Prudential Financial's stock will continue to trade actively on the NYSE. (PRU) — high confidence, target: 2024-12-31

FAQ

Filing Documents

• d710491d8k.htm (8-K) — 30KB
• d710491dex101.htm (EX-10.1) — 236KB
• d710491dex102.htm (EX-10.2) — 228KB
• d710491dex103.htm (EX-10.3) — 233KB
• g71049143aa.jpg (GRAPHIC) — 52KB
• g710491dsp004.jpg (GRAPHIC) — 108KB
• g710491dsp006.jpg (GRAPHIC) — 21KB
• g710491dsp038.jpg (GRAPHIC) — 114KB
• g710491dsp040.jpg (GRAPHIC) — 21KB
• g710491dsp075.jpg (GRAPHIC) — 23KB
• 0001193125-24-007749.txt ( ) — 1491KB
• pru-20240110.xsd (EX-101.SCH) — 4KB
• pru-20240110_def.xml (EX-101.DEF) — 14KB
• pru-20240110_lab.xml (EX-101.LAB) — 23KB
• pru-20240110_pre.xml (EX-101.PRE) — 15KB
• d710491d8k_htm.xml (XML) — 7KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On January 10, 2024, the Board of Directors of Prudential Financial, Inc. (the "Company") adopted certain modifications to the terms and conditions of the performance shares granted in 2021, 2022 and 2023 pursuant to the Company's 2021, 2022 and 2023 Long-Term Incentive Programs (the "Modified Awards"). The modifications are intended to mitigate the impact of interest rate volatility on the Company's performance against goals relating to growth in adjusted book value per share ("BVPS"). Thus, the modifications, among other things: (1) revise the definition of adjusted BVPS to exclude the negative or positive impacts of outsized interest rate changes on interest rate sensitive items and (2) reduce certain BVPS growth goals and maximum payout opportunities. The foregoing is a summary only and does not purport to be a complete description of all the terms and conditions of the Modified Awards, and is subject to and qualified in its entirety by reference to the full text of the forms of terms and conditions, which are attached hereto as Exhibits 10.1, 10.2 and 10.3 and incorporated by reference herein.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits 10.1 Revised Form of Terms and Conditions relating to awards to executive officers in 2021 under the 2021 Omnibus Incentive Plan of performance shares and restricted stock units under the 2021 Long-Term Incentive Program 10.2 Revised Form of Terms and Conditions relating to awards to executive officers in 2022 under the 2021 Omnibus Incentive Plan of performance shares and restricted stock units under the 2022 Long-Term Incentive Program 10.3 Revised Form of Terms and Conditions relating to awards to executive officers in 2023 under the 2021 Omnibus Incentive Plan of performance shares and restricted stock units under the 2023 Long-Term Incentive Program 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 12, 2024 PRUDENTIAL FINANCIAL, INC. By: /s/ Brian P. Spitser Name: Brian P. Spitser Title: Vice President and Assistant Secretary

View Full Filing

View this 8-K filing on SEC EDGAR