PRINCIPAL FINANCIAL GROUP INC·4

Mar 3, 5:07 PM ET

Friedrich Amy Christine 4

Research Summary

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Principal Financial (PFG) Amy Friedrich Sells 3,801 Shares to Cover Taxes

What Happened

  • Amy Christine Friedrich, President — Benefits & Protect at Principal Financial Group (PFG), disposed of 3,801 shares on Feb 27, 2026. The shares were reported at $95.42 each, totaling about $362,691. The Form 4 lists the transaction code "F" — payment of exercise price or tax liability — meaning shares were used/withheld to cover tax obligations (not necessarily an open-market sale).

Key Details

  • Transaction date: 2026-02-27; price: $95.42 per share; total value: $362,691.
  • Disposal type: Code F — payment of exercise price or tax liability (shares withheld/disposed to cover taxes).
  • Footnote: 3,276 of the shares involved were acquired under the Principal Financial Group Employee Stock Purchase Plan (ESPP).
  • Filing: Form 4 was filed on 2026-03-03 for the 2026-02-27 transaction (filed within the normal reporting window).

Context

  • This was a routine tax-withholding disposition tied to equity compensation (ESPP/option-related), which is common when employees acquire shares. Such transactions typically reflect tax mechanics rather than a directional bet on the company and should not alone be interpreted as a strong buy or sell signal.