Principal Financial (PFG) Director Richer Clare Stack Receives Award

What Happened
Richer Clare Stack, a director of Principal Financial Group (PFG), received an award of 174 restricted stock units (RSUs) on 2026-03-27. The Form 4 records the acquisition as 174 shares at $0.00 (transaction code A — grant/award). The filing reports $0 as the acquisition cost on the Form 4, which reflects the grant reporting method rather than market value.

Key Details

• Transaction date and price: 2026-03-27; 174 RSUs acquired at $0.00 (code A).
• Filing date: Form 4 filed 2026-03-31 (timely — within two business days of the transaction).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 indicates these are restricted stock units (RSUs).
• Nature of transaction: Award/grant (not an open-market purchase or sale).

Context
Restricted stock units are compensation that typically vest over time or upon meeting conditions; they do not represent immediate cash proceeds or an open-market purchase. Grants like this are routine for executives and directors and do not, by themselves, indicate buying or selling sentiment in the market.