保诚集团美股招股说明书(2025-09-15版)

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 notesuntil 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 anyjurisdiction where such an offer would not be permitted.Subject to completion, dated September 15, 2025 Prudential Financial InterNotes®, Due Six Months or More from Date of IFiled under Rule 424(b)(2), Registration Statement No. 333-27PreliminaryPricingSupplementNo.31-DatedMonday,September15,2025.ToProspectusDatedMarch1,2024andProspectusSupplementdatedAugust5,2Investors should read this pricing supplement in conjunction with the Prospectus and Prospectus Supplem We will pay you interest on the notes on a Semi-Annual basis on Mar 15th and Sep 15th. The first such payment will be made on Mar 15, 2026. The interest rate perannum 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 to0.6000% of the principal amount. Redemption Information:Non-Callable Purchasing Agent:InspereX LLCAgents:BofA / Merrill Lynch, Citigroup, Morgan Stanley, RBC Capital Markets, Wells Fargo Advisors Prudential Financial, Inc.Prudential Financial Internotes®Prospectus Dated March1, 2024 andProspectusSupplementDatedAugust5,2024 Offering Date: Monday, September 15, 2025 through Monday, September 22, 2025Trade Date: Monday, September 22, 2025 @ 12:00 PM ETSettle Date: Thursday, September 25, 2025Minimum Denomination/Increments: $1,000.00/$1,000.00 Initial trades settle flat and clear SDFS: DTC Book-Entry onlyDTC 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 theprospectus), 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 describedon page S-32 ofyour 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 Notesand 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 atthe selling price less the applicable gross concession specified in this Pricing Supplement. The Purchasing Agent may resell the notes itpurchases to the agents and selected dealers at the selling price less a concession that, at the discretion of the Purchasing Agent, maybe less than or equal to the gross concession received by the Purchasing Agent. Notes purchased by the agents and selected dealerson 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 sellingagents and dealers. In that instance, the Purchasing Agent may retain the portion of the gross concession applicable to the PurchasingAgent.