A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 10 filings in this group are Form 4s for PGIM Short Duration High Yield Opportunities Fund.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 10 insider filings shown, the breakdown is 9 open-market purchase and 1 open-market sale. 10 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market purchase
Insider Buying
2025-06-03
SDHY insider Cignarella Robert (Insider) bought 7,900 shares (~$128.4K)
Cignarella Robert, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 7,900 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
7,900 |
$16.25 |
$128.4K |
Filing: Form 4 (Insider Transaction)
Insider: Cignarella Robert (Insider)
Shares: 7,900
Est. Value: $128.4K
Form 4
Open-market purchase
Insider Buying
2025-01-13
SDHY insider Cignarella Robert (Insider) bought 17,000 shares (~$275.4K)
Cignarella Robert, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 17,000 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
17,000 |
$16.20 |
$275.4K |
Filing: Form 4 (Insider Transaction)
Insider: Cignarella Robert (Insider)
Shares: 17,000
Est. Value: $275.4K
Form 4
Open-market purchase
Insider Buying
2024-10-29
SDHY insider Cignarella Robert (Insider) bought 501 shares (~$8.3K)
Cignarella Robert, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 501 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
501 |
$16.56 |
$8.3K |
Filing: Form 4 (Insider Transaction)
Insider: Cignarella Robert (Insider)
Shares: 501
Est. Value: $8.3K
Form 4
Open-market purchase
Insider Buying
2024-10-29
SDHY insider Cignarella Robert (Insider) bought 9,499 shares (~$157.5K)
Cignarella Robert, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 9,499 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
9,499 |
$16.58 |
$157.5K |
Filing: Form 4 (Insider Transaction)
Insider: Cignarella Robert (Insider)
Shares: 9,499
Est. Value: $157.5K
Form 4
Open-market purchase
Insider Buying
2023-12-07
SDHY insider Cignarella Robert (Insider) bought 8,000 shares (~$120.0K)
Cignarella Robert, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 8,000 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
8,000 |
$15.00 |
$120.0K |
Filing: Form 4 (Insider Transaction)
Insider: Cignarella Robert (Insider)
Shares: 8,000
Est. Value: $120.0K
Form 4
Open-market sale
Insider Selling
2023-11-22
SDHY insider Evans Barry H (Director) sold 6,000 shares (~$88.5K)
Evans Barry H, listed as Director at PGIM Short Duration High Yield Opportunities Fund, reported an open-market sale of 6,000 SDHY shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
6,000 |
$14.75 |
$88.5K |
Filing: Form 4 (Insider Transaction)
Insider: Evans Barry H (Director)
Shares: 6,000
Est. Value: $88.5K
Form 4
Open-market purchase
Insider Buying
2022-04-26
SDHY insider Lillard Michael (Insider) bought 1,000 shares (~$16.6K)
Lillard Michael, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 1,000 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
667 |
$16.62 |
$11.1K |
P |
Open-market purchase
|
100 |
$16.61 |
$1.7K |
P |
Open-market purchase
|
33 |
$16.59 |
$547.47 |
P |
Open-market purchase
|
200 |
$16.60 |
$3.3K |
Filing: Form 4 (Insider Transaction)
Insider: Lillard Michael (Insider)
Shares: 1,000
Est. Value: $16.6K
Form 4
Open-market purchase
Insider Buying
2022-03-28
SDHY insider Thorogood Daniel T (Insider) bought 5,000 shares (~$82.3K)
Thorogood Daniel T, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 5,000 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
5,000 |
$16.46 |
$82.3K |
Filing: Form 4 (Insider Transaction)
Insider: Thorogood Daniel T (Insider)
Shares: 5,000
Est. Value: $82.3K
Form 4
Open-market purchase
Insider Buying
2021-04-01
SDHY insider Lillard Michael (Insider) bought 15,000 shares (~$283.6K)
Lillard Michael, listed as Insider at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 15,000 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
6,900 |
$18.92 |
$130.5K |
P |
Open-market purchase
|
1,000 |
$18.92 |
$18.9K |
P |
Open-market purchase
|
800 |
$18.91 |
$15.1K |
P |
Open-market purchase
|
1,503 |
$18.91 |
$28.4K |
P |
Open-market purchase
|
2,000 |
$18.91 |
$37.8K |
P |
Open-market purchase
|
900 |
$18.90 |
$17.0K |
P |
Open-market purchase
|
200 |
$18.90 |
$3.8K |
P |
Open-market purchase
|
200 |
$18.88 |
$3.8K |
P |
Open-market purchase
|
497 |
$18.86 |
$9.4K |
P |
Open-market purchase
|
1,000 |
$18.85 |
$18.9K |
Filing: Form 4 (Insider Transaction)
Insider: Lillard Michael (Insider)
Shares: 15,000
Est. Value: $283.6K
Form 4
Open-market purchase
Insider Buying
2021-03-22
SDHY insider Evans Barry H (Director) bought 6,000 shares (~$108.5K)
Evans Barry H, listed as Director at PGIM Short Duration High Yield Opportunities Fund, reported an open-market purchase of 6,000 SDHY shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
6,000 |
$18.08 |
$108.5K |
Filing: Form 4 (Insider Transaction)
Insider: Evans Barry H (Director)
Shares: 6,000
Est. Value: $108.5K