PGIM Rock ETF Trust
PGIM S&P 500 Quarterly Buffer 5 ETF
PGIM S&P 500 Quarterly Buffer 10 ETF
PGIM S&P 500 Quarterly Buffer 15 ETF
PGIM S&P 500 Quarterly Buffer 20 ETF
(each a Fund and collectively the Funds)
Supplement dated September 23, 2026
to the Funds’ Currently Effective Summary Prospectus and Prospectus
As described in the Funds’ prospectus, an investment in shares of a Fund is subject to a pre-determined upside return cap (the Cap) that represents the maximum percentage return an investor can achieve from an investment in the Fund for the entire Target Outcome Period (generally, an approximately three-month period over which each Fund seeks to produce the target outcome). The next Target Outcome Period for each Fund will commence on October 1, 2026 and end on December 31, 2026 (the New Target Outcome Period). Each Fund’s Cap will not be determined until on or about the start of the New Target Outcome Period. Investors are encouraged to visit their Fund’s website (https://www.pgim.com/investments/etf-buffer-fund)* on October 1, 2026 (or the first business day thereafter) to obtain information on the Cap for the New Target Outcome Period. Investors should consider the Cap before investing or reinvesting in the Fund for the New Target Outcome Period.
As of September 23, 2026, the expected range of each Fund’s Cap (before fees and expenses) for the New Target Outcome Period is set forth below.
Fund Name
Ticker
Estimated Cap Range
PGIM S&P 500 Quarterly Buffer 5 ETF
PQV
3.40% – 6.40% before fees and expenses
(3.275% – 6.275% after taking into
account the Fund’s unitary management
fee)
PGIM S&P 500 Quarterly Buffer 10 ETF
PQX
1.90% – 4.90% before fees and expenses
(1.775% – 4.775% after taking into
account the Fund’s unitary management
fee)
PGIM S&P 500 Quarterly Buffer 15 ETF
PQXV
1.10% – 4.10% before fees and expenses
(0.975% – 3.975% after taking into
account the Fund’s unitary management
fee)
PGIM S&P 500 Quarterly Buffer 20 ETF
PQXX
0.80% – 3.80% before fees and expenses
(0.675% – 3.675% after taking into
account the Fund’s unitary management
fee)
________
* Reference to the Website does not incorporate the Website into this supplement or a Fund’s prospectus.














LR5029OCT