secwatch.observer — SEC 8-K summary
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Issuer:     PRUDENTIAL FINANCIAL INC (PRU)
CIK:        0001137774
Form:       8-K
Filed at:   2025-01-15T23:59:59+00:00
Accession:  0001137774-25-000013
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prudential revises AOI down $115M for 9M 2024; PGIM AUM $1.38T at year-end
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- Revised after-tax adjusted operating income down $115M ($0.31/share) for nine months ended Sep 30, 2024 due to error in indexed variable and fixed annuity products.
- Preliminary PGIM assets under management as of Dec 31, 2024: $1.38 trillion.
- Q4 2024 alternative investment income of General Account estimated $10-30M above near-term expectations.
- PGIM other related revenues, net of expenses for Q4 2024: approx $65 million.
- Revision had no impact on GAAP net income, book value, or statutory results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137774/000113777425000013/0001137774-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137774/000113777425000013/pru-20250115.htm
  HTML page:      https://secwatch.observer/filing/0001137774-25-000013

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