Auerbach Jonathan 4

What Happened
Jonathan Auerbach, a director of Principal Financial Group (PFG), was granted 203 restricted stock units (RSUs) on March 27, 2026. The transaction is reported as an award/acquisition (code A) with an acquisition price of $0.00, reflecting a compensation grant rather than a market purchase.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (timely — within the SEC’s two-business-day reporting window).
• Transaction type/code: Grant/award (A) of 203 shares (RSUs); reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote F1: Confirms this was a grant of restricted stock units (RSUs).
• No indication of a sale, exercise, tax withholding, or 10b5-1 plan in this filing.

Context
RSUs are a common form of executive/director compensation that typically vest over time and convert to common shares upon vesting. Grants are compensation and do not necessarily signal the insider’s view on the stock; they differ from open-market purchases, which can be interpreted as a stronger bullish signal.