PGIM S&P 500 Max Buffer ETF - April (PMAP) Files 497K

TL;DR

**PGIM S&P 500 Max Buffer ETF - April (PMAP) just updated its prospectus, check for changes!**

AI Summary

PGIM Rock ETF Trust filed a 497K on March 24, 2026, for its PGIM S&P 500 Max Buffer ETF - April (Ticker: PMAP). This filing is a summary prospectus supplement, indicating updates to the fund's offering. For investors, this means staying informed about potential changes to the ETF's structure, fees, or investment strategy, which could impact their returns or risk exposure.

Why It Matters

This filing updates the summary prospectus for the PGIM S&P 500 Max Buffer ETF - April, providing current information essential for investors to understand the fund's terms and conditions.

Risk Assessment

Risk Level: low — A 497K filing is a routine update to a prospectus and does not inherently signal a significant change in risk for the underlying investment.

Analyst Insight

Investors in PMAP should review the updated summary prospectus to understand any changes to the fund's investment objectives, strategies, risks, or fees, as this information is crucial for informed decision-making.

Key Numbers

• 2026-03-24 — Filing Date (The date the 497K was filed and became effective.)
• 0001992104 — CIK (The Central Index Key for PGIM Rock ETF Trust.)
• PMAP — Ticker Symbol (The ticker for the PGIM S&P 500 Max Buffer ETF - April.)

Key Players & Entities

• PGIM Rock ETF Trust (company) — the filer of the 497K
• PGIM S&P 500 Max Buffer ETF - April (company) — the specific ETF being updated
• PMAP (company) — the ticker symbol for the ETF
• 0001992104 (dollar_amount) — the CIK of the filer
• 2026-03-24 (dollar_amount) — the filing and effectiveness date

FAQ

Filing Documents

• f44545d1.htm (497K) — 17KB
• 0001992104-26-000021.txt ( ) — 18KB
• S000089304
• C000255821 (PMAP)

From the Filing

BUFFER - APRIL ETF CAP RANGE SUPPLEMENT Max Buffer - April ETF Cap Range Supplement PGIM Rock ETF Trust PGIM S&P 500 Max Buffer ETF – April (the " Fund " ) Supplement dated March 24, 2026 to the Fund's Currently Effective Summary Prospectus and Prospectus As described in the Fund's prospectus, an investment in shares of the Fund is subject to a pre-determined upside return cap (the " Cap " ) that represents the maximum percentage return an investor can achieve from an investment in the Fund for the entire Target Outcome Period (generally, an approximately one-year period over which the Fund seeks to produce the target outcome). The next Target Outcome Period for the Fund will commence on April 1, 2026 and end on March 31, 2027 (the " New Target Outcome Period " ). The Fund's Cap will not be determined until on or about the start of the New Target Outcome Period. Investors are encouraged to visit the Fund's website (https://www.pgim.com/investments/etf-buffer-fund)* on April 1, 2026 (or the first business day thereafter) to obtain information on the Cap for the New Target Outcome Period. Investors should consider the Cap before investing or reinvesting in the Fund for the New Target Outcome Period. The anticipated buffer for the Fund is also disclosed below. Investors are further encouraged to visit the website (https://www.pgim.com/investments/etf-buffer-fund)* for the Fund on April 1, 2026 (or the first business day thereafter) to obtain information on the final buffer for the New Target Outcome Period. As of March 24, 2026, the expected range of the Fund's Cap and anticipated buffer (before fees and expenses) for the New Target Outcome Period is set forth below. Fund Name Ticker Estimated Cap Range Anticipated Buffer PGIM S&P 500 Max Buffer ETF – April PMAP 5.2% – 8.2% before fees and expenses 100% before fees and expenses (4.7% – 7.7% after taking into account the Fund's unitary management fee) (99.5% after taking into account the Fund's unitary management fee) _________ * Reference to the Website does not incorporate the Website into this supplement or the Fund's prospectus. LR5016APR

View Full Filing

View this 497K filing on SEC EDGAR