Principal Financial (PFG) CEO Kamal Bhatia Receives Award (509 RSUs)

What Happened

• Kamal Bhatia, President and CEO of Principal Financial Group (PFG), received an award of 509 restricted stock units (RSUs) on 2026-03-27. The RSUs were granted at no cost to the insider (price reported as $0). This is a compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-27
• Filing date: 2026-03-31 (Form 4); this appears to be filed within the SEC’s two-business-day reporting window for Form 4s following the transaction.
• Shares/units granted: 509 RSUs
• Price: $0.00 (award/grant)
• Footnote: F1 indicates these are restricted stock units
• Shares owned after transaction: not specified in the filing

Context

• RSUs are compensation awards that typically convert to actual shares only when they vest and may be subject to transfer restrictions and tax-withholding. This grant represents executive compensation rather than a buy/sell signal in the open market and should be viewed as part of pay rather than immediate insider buying.