STRABLE-SOETHOUT DEANNA D 4
Research Summary
AI-generated summary
Principal Financial (PFG) CEO Deanna Strable-Soethout Sells 8,025 Shares
What Happened
Deanna Strable-Soethout, President and CEO of Principal Financial Group, sold 8,025 shares in an open-market transaction on January 22, 2026. The weighted average sale price was $92.56 per share (range $92.50–$92.67), for total proceeds of approximately $742,794. This was a sale (S), not a purchase.
Key Details
- Transaction date: 2026-01-22 (reported on Form 4 filed 2026-01-26). Filing was within the required 2-business-day window.
- Price: Weighted average $92.56; individual trades ranged $92.50–$92.67.
- Shares sold: 8,025; total value ≈ $742,794.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: (1) Sale executed under a Rule 10b5-1 trading plan adopted February 28, 2024. (2) Reported price is a weighted average; the reporting person will provide a breakdown of the number of shares sold at each separate price upon request.
Context
A 10b5-1 plan lets insiders sell pre-scheduled amounts irrespective of short-term market moves; such sales are often routine and do not necessarily indicate a change in the insider’s view of the company. The filing shows multiple executions aggregated into a weighted average price.