Prudential Insurance Co of America, Prudential Financial Inc, and Pruco Life Insurance Company filed a joint Form 4 on October 30, 2026, disclosing a disposition of Class I common shares of beneficial interest in PGIM Private Credit Fund on October 28, 2026.

Key Highlights

  • Shares disposed: 382,803.22 Class I common shares of beneficial interest (par value $0.001) were tendered for repurchase on October 28, 2026.
  • Transaction price: The shares were disposed of at $24.21 per share, according to the filing.
  • Remaining beneficial ownership: Following the transaction, 7,784,052.398 Class I common shares are reported as beneficially owned.
  • Repurchase context: The filing states the shares were "tendered by Pruco Life Insurance Company for repurchase by the Issuer during the Issuer's quarterly repurchase offer which expired on October 28, 2026."
  • Ownership structure: The shares are directly held by Pruco Life Insurance Company, a wholly owned subsidiary of The Prudential Insurance Company of America, which is itself a wholly owned subsidiary of Prudential Financial, Inc.
  • Dividend reinvestment: The reported beneficial ownership total includes shares issued pursuant to the issuer's dividend reinvestment plan.
  • Relationship to issuer: All three reporting persons are identified as 10% owners of PGIM Private Credit Fund.

Pruco Life Insurance Tenders Shares in PGIM Private Credit Fund Quarterly Repurchase Offer

According to the Form 4 filed on October 30, 2026, Pruco Life Insurance Company tendered 382,803.22 Class I common shares of beneficial interest in PGIM Private Credit Fund for repurchase during the issuer's quarterly repurchase offer, which expired on October 28, 2026. The transaction code reported is "S" (sale or disposition), and the price per share is listed as $24.21. The filing identifies the issuer as PGIM Private Credit Fund with ticker symbol NONE.

The filing discloses that following the transaction, 7,784,052.398 Class I common shares remain beneficially owned on an indirect basis. The filing notes that this total includes shares issued under the issuer's dividend reinvestment plan. The shares are held directly by Pruco Life Insurance Company. As disclosed, Pruco Life Insurance Company is a wholly owned subsidiary of The Prudential Insurance Company of America, which is in turn a wholly owned subsidiary of Prudential Financial, Inc., both of which are co-reporting persons on this filing.

All three entities, Prudential Insurance Co of America, Prudential Financial Inc, and Pruco Life Insurance Company, are each identified in the filing as 10% owners of PGIM Private Credit Fund, with addresses listed at 751 Broad Street, Newark, New Jersey 07102, except for Pruco Life Insurance Company, which is listed at 213 Washington Street, Newark, New Jersey 07102. The filing was signed by Andrew French in his capacity as Attorney-in-Fact for Prudential Insurance Co of America and Pruco Life Insurance Company, and as Second Vice President for Prudential Financial, Inc.

What Was Disclosed

The filing reports a disposition of 382,803.22 Class I common shares in PGIM Private Credit Fund by Pruco Life Insurance Company at $24.21 per share via the issuer's quarterly repurchase offer expiring October 28, 2026, leaving 7,784,052.398 shares beneficially owned.