Ann Kappler, Prudential Financial EVP, sells $438k in shares

Published 03/09/2025, 19:10
Ann Kappler, Prudential Financial EVP, sells $438k in shares

Prudential Financial Inc (NYSE:PRU), a prominent insurance industry player with a market capitalization of $37.6 billion, saw Executive Vice President and General Counsel Ann M. Kappler sell 4,000 shares of common stock on August 29, 2025, at a price of $109.65, totaling $438,600. According to InvestingPro analysis, the stock currently trades at $106.84 and appears slightly undervalued.

Following the transaction, Kappler directly holds 21,506 shares and indirectly holds 863 shares through a 401(k) account. She also holds 9,952 vested stock options, 14,273 restricted stock units, and 63,636 target performance shares. Notably, Prudential has maintained dividend payments for 24 consecutive years, currently offering a 5% yield.

The 863 shares held indirectly include 41 shares acquired under The Prudential Employee Savings Plan between December 31, 2024, and August 28, 2025. For deeper insights into PRU’s valuation and 8 additional exclusive ProTips, visit InvestingPro.

In other recent news, Prudential Financial reported its second-quarter earnings for 2025, surpassing expectations with earnings per share of $3.58, compared to the forecasted $3.24. However, the company’s revenue slightly missed projections, coming in at $13.5 billion against an expected $13.54 billion. Additionally, Prudential Financial announced it will pay a quarterly dividend of $1.35 per share, with distribution to shareholders of record as of August 19, 2025. Meanwhile, Perseus Mining Limited revealed that its Managing Director and Chief Executive Officer, Jeff Quartermaine, will retire on September 30, 2025, after 12 years in the role. Craig Jones, formerly the global Chief Operating Officer at Newcrest, will step in as CEO on October 1, 2025. These developments highlight significant changes and financial results for both Prudential Financial and Perseus Mining.

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