McCullum Kenneth A. 4

What Happened

• Kenneth A. McCullum, EVP and Chief Risk Officer of Principal Financial Group (PFG), sold 3,071 shares on 2026-02-25 for a total of approximately $290,363. The Form 4 reports a weighted average price of $94.55 per share (sales ranged $94.28–$94.72).

Key Details

• Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (no late filing indicated).
• Shares sold: 3,071; weighted average price reported $94.55; per-share sale prices ranged from $94.28 to $94.72 (multiple trades).
• Total value: ~$290,363.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted 2025-03-13 (prearranged automatic trading).
• The filing notes 29 shares were acquired under the company Employee Stock Purchase Plan (ESPP) and are included in the reported ownership figure.
• Shares owned after the transaction are not disclosed in the information provided in this summary.

Context

• This was a sale executed under a previously adopted 10b5-1 plan, meaning trades were pre-scheduled and are often routine rather than a contemporaneous indication of the insider’s view on the company. The weighted average price and reported range indicate the shares were sold in multiple executions.