0001193125-26-216542.txt : 20260511 0001193125-26-216542.hdr.sgml : 20260511 20260511150801 ACCESSION NUMBER: 0001193125-26-216542 CONFORMED SUBMISSION TYPE: 424B2 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20260511 DATE AS OF CHANGE: 20260511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL FINANCIAL INC CENTRAL INDEX KEY: 0001137774 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] ORGANIZATION NAME: 02 Finance EIN: 223703799 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B2 SEC ACT: 1933 Act SEC FILE NUMBER: 333-277590 FILM NUMBER: 26962609 BUSINESS ADDRESS: STREET 1: 751 BROAD ST CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: 9738026000 MAIL ADDRESS: STREET 1: 751 BROAD ST CITY: NEWARK STATE: NJ ZIP: 07102 424B2 1 d876530d424b2.htm 424B2 424B2

This pricing supplement, which is not complete, relates to an automatically effective Registration Statement under the Securities Act of 1933, as amended. We may not sell the notes until we deliver a final pricing supplement. This pricing supplement and the accompanying prospectus supplement and prospectus are not an offer to sell these notes in any jurisdiction where such an offer would not be permitted.

Subject to completion, dated May 11, 2026

LOGO

  

Prudential Financial InterNotes® , Due Six Months or More from Date of Issue

Filed under Rule 424(b)(2), Registration Statement No. 333-277590

Preliminary Pricing Supplement No. 40 - Dated Monday, May 11, 2026. To Prospectus Dated March 1, 2024 and Prospectus Supplement dated August 5, 2024

Investors should read this pricing supplement in conjunction with the Prospectus and Prospectus Supplement.

 

CUSIP
Number
  

 Aggregate 

 Principal Amount 

 

 Selling 

 Price 

  

 Gross 

 Concession 

  

Net

 Proceeds 

 

 Interest 

 Type 

  

 Interest 

Rate

  

 Payment 

Frequency

  

 Maturity 

Date

  

1st Interest

Payment

Date

  

1st Interest

Payment

Amount

  

Survivor’s

Option*

  

Product

Ranking

74432BBV9

   [ ]   100.000%    1.800%    [ ]   Fixed    5.000%    Semi-Annual    05/15/2036    11/15/2026    $24.17    Yes    Senior Unsecured Notes

 

Subject to our redemption right, we will pay you interest on the notes on a Semi-Annual basis on May 15th and Nov 15th. The first such payment will be made on Nov 15, 2026. The interest rate per annum and stated maturity date are set out above. The regular record dates for your notes are each business day preceding each date on which interest is paid.

 

Any notes sold by the selling agents to securities dealers, or by securities dealers to certain other brokers or dealers, may be sold at a discount from the initial selling price up to 0.9000% of the principal amount.

 

Redemption Information: Callable at 100.000% on 05/15/2028 and every interest payment date thereafter.

 

This tranche of Prudential Financial, Inc. InterNotes (CUSIP 74432BBV9) will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring on 05/15/2028 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of this tranche of Prudential Financial, Inc. InterNotes plus accrued and unpaid interest thereon, if any, upon at least 30 Calendar Days prior notice to the noteholder and the trustee, as described in the prospectus supplement.

 

Additional Information: The notes do not amortize and are not zero coupon or original discount notes.

 

Purchasing Agent: InspereX LLC Agents: Academy Securities, Inc., BofA / Merrill Lynch, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors

 

   

Offering Date: Monday, May 11, 2026 through Monday, May 18, 2026

  

Prudential Financial, Inc.

Trade Date: Monday, May 18, 2026 @ 12:00 PM ET

  

Prudential Financial Internotes®

Settle Date: Thursday, May 21, 2026

  

Prospectus Dated March 1, 2024 and

Minimum Denomination/Increments: $1,000.00/$1,000.00

  

Prospectus Supplement Dated August 5, 2024

Initial trades settle flat and clear SDFS: DTC Book-Entry only

  

DTC Number 0235 via RBC Dain Rauscher Inc.

  

If the maturity date, redemption date or an interest payment date for any note is not a business day (as that term is defined in the prospectus), principal, premium, if any, and interest for that note is paid on the next business day, and no interest will accrue from, and after, the maturity date, redemption date or interest payment date (following unadjusted business day convention).

* The survivor’s option feature of your note is subject to important limitations, restrictions and procedural requirements further described on page S-32 of your prospectus supplement.

The Bank of New York will act as trustee for the Notes. Citibank, N.A., will act as paying agent, registrar and transfer agent for the Notes and will administer any survivor’s options with respect thereto.

Notes will be sold to you at the selling price specified in this Pricing Supplement. The Purchasing Agent shall purchase notes from us at the selling price less the applicable gross concession specified in this Pricing Supplement. The Purchasing Agent may resell the notes it purchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, may be less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealers on behalf of level-fee investment advisory accounts may be sold to such accounts at the selling price less the applicable concession, and such agents and selected dealers shall not retain, as compensation, any portion of such concession applicable to such selling agents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession applicable to the Purchasing Agent.

InterNotes® is a registered trademark of InspereX Holdings LLC. All Rights Reserved.

 

GRAPHIC 2 g876530g0511225110493.jpg GRAPHIC begin 644 g876530g0511225110493.jpg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end