FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SCHMIDT TIMOTHY L
2. Issuer Name and Ticker or Trading Symbol

PRUDENTIAL FINANCIAL INC [ PRU ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Senior Vice President
(Last)          (First)          (Middle)

751 BROAD STREET, 5TH FLOOR, ATTN. REGULATORY FILINGS UNIT
3. Date of Earliest Transaction (MM/DD/YYYY)

2/7/2022
(Street)

NEWARK, NJ 07102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/7/2022  M(1)  3811 A$54.00 16708 D  
Common Stock 2/7/2022  S(1)  3811 D$120.00 12897 D  
Common Stock 2/7/2022  M(1)  10902 A$57.00 23799 D  
Common Stock 2/7/2022  S(1)  10902 D$120.00 12897 (2)D  
Common Stock         252 (3)I By 401(k) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
8/15/2012 Employee Stock Option (Right to Buy) $54.00 2/7/2022  M (1)    3811   (4)8/15/2022 Common Stock 3811 $0 0 D  
2013 Employee Stock Option (Right to Buy) $57.00 2/7/2022  M (1)    10902   (5)2/12/2023 Common Stock 10902 $0 0 D  

Explanation of Responses:
(1) The option exercises and sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2021.
(2) Following the transaction reported on this Form 4, Mr. Schmidt continues to hold 12,897 shares directly and 252 shares indirectly in a 401(k) account. Mr. Schmidt also holds an additional 7,308 vested stock options, 7,597 unvested stock options, 6,264 restricted stock units and 32,374 target performance shares (the exact number awarded being dependent on achievement of performance goals).
(3) Amount reported has been adjusted to include 2 shares of Issuer common stock acquired by the reporting person under The Prudential Employee Savings Plan between September 30, 2021 and December 31, 2021 based on a plan statement dated December 31, 2021. The acquisition of such shares was exempt from Section 16 pursuant to Rules 16b-3(c) and 16a-3(f)(1)(i)(B).
(4) The options vest in three equal annual installments beginning on August 15, 2013.
(5) The options vest in three equal annual installments beginning on February 12, 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SCHMIDT TIMOTHY L
751 BROAD STREET, 5TH FLOOR
ATTN. REGULATORY FILINGS UNIT
NEWARK, NJ 07102


Senior Vice President

Signatures
/s/ Danny Fiore, attorney-in-fact2/9/2022
**Signature of Reporting PersonDate

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