PRUDENTIAL FINANCIAL INC false 0001137774 0001137774 2021-05-11 2021-05-11 0001137774 us-gaap:CommonStockMember 2021-05-11 2021-05-11 0001137774 pfh:M5.625JuniorSubordinatedNotesMember 2021-05-11 2021-05-11 0001137774 pfh:M4.125JuniorSubordinatedNotesMember 2021-05-11 2021-05-11

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 11, 2021

 

 

PRUDENTIAL FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

 

 

 

New Jersey   001-16707   22-3703799

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(I.R.S Employer

Identification Number)

 

751 Broad Street
Newark, New Jersey 07102
(Address of principal executive offices and zip code)

(973) 802-6000

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

 

Title of Each Class

  

Trading

Symbol(s)

  

Name of Each Exchange

on Which Registered

Common Stock, Par Value $.01   PRU   New York Stock Exchange
5.625% Junior Subordinated Notes   PRS   New York Stock Exchange
4.125% Junior Subordinated Notes   PFH   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

Item 5.07

Submission of Matters to a Vote of Security Holders

The Annual Meeting of Shareholders of Prudential Financial, Inc. (the “Company”) was held on May 11, 2021. Shareholders voted as follows on the matters presented for a vote.

1. The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes:

 

Nominee

   

For

     

Against

     

Abstain

     

Broker

Non-Votes

  

Thomas J. Baltimore

      163,831,951        67,274,748        1,964,121        47,511,118  

Gilbert F. Casellas

      217,477,619        13,593,743        1,999,458        47,511,118  

Robert M. Falzon

      225,598,994        5,610,479        1,861,347        47,511,118  

Martina Hund-Mejean

      227,113,216        4,222,745        1,743,859        47,511,118  

Wendy E. Jones

      229,519,064        1,778,487        1,773,269        47,511,118  

Karl J. Krapek

      217,443,362        13,611,710        2,015,748        47,511,118  

Peter R. Lighte

      227,035,343        4,105,549        1,929,928        47,511,118  

Charles F. Lowrey

      210,942,901        19,630,807        2,497,112        47,511,118  

George Paz

      228,685,841        2,444,533        1,940,446        47,511,118  

Sandra Pianalto

      227,198,102        4,134,336        1,738,382        47,511,118  

Christine A. Poon

      209,911,820        21,341,045        1,817,955        47,511,118  

Douglas A. Scovanner

      228,190,332        2,756,753        2,123,735        47,511,118  

Michael A. Todman

      223,890,308        7,304,669        1,875,843        47,511,118  

2. The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm was approved based upon the following votes:

Votes for approval: 266,747,211

Votes against: 12,316,133

Abstentions: 1,518,594

There were no broker non-votes for this item.

3. The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers was approved based upon the following votes:

Votes for approval: 211,949,327

Votes against: 18,275,677

Abstentions: 2,845,816

Broker non-votes: 47,511,118

4. The proposal to approve the Prudential Financial, Inc. 2021 Omnibus Incentive Plan was approved based upon the following votes:

Votes for approval: 217,087,463

Votes against: 13,893,175

Abstentions: 2,090,182

Broker non-votes: 47,511,118

5. The shareholder proposal regarding an independent Board Chairman was not approved based on the following votes:

Votes for approval: 87,979,798

Votes against: 142,787,080

Abstentions: 2,303,942

Broker non-votes: 47,511,118

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: May 11, 2021

 

PRUDENTIAL FINANCIAL, INC.
By:  

/s/ Margaret M. Foran

Name:   Margaret M. Foran
Title:   Chief Governance Officer, Senior Vice
  President and Corporate Secretary