Auerbach Jonathan 4

What Happened
Jonathan Auerbach, a director of Principal Financial Group Inc. (PFG), was granted 2,175 restricted stock units (RSUs) on May 19, 2026. The grant is reported as an award/acquisition at $0.00 per share (total reported value $0), reflecting a compensation grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-19; Filing date: 2026-05-21 (appears timely under Form 4 rules).
• Transaction type/code: A — Grant/award (restricted stock units). Footnote F1: "Grant of restricted stock units."
• Shares/units granted: 2,175 RSUs; reported acquisition price: $0.00.
• Shares owned following the transaction: Not specified in the provided summary (refer to the full Form 4 for total holdings).
• No indication this was a sale or exercise; it is a compensation award (not a 10b5-1 trade or gift).

Context
RSUs are compensation that typically convert to actual shares only after vesting according to the company's schedule and may be subject to forfeiture or other restrictions until then. Such awards are routine for directors and executives and do not, by themselves, indicate a buy or sell decision about the stock. For full details (vesting terms, total holdings, and any subsequent disposition), consult the complete Form 4 filing (Accession: 0001126328-26-000115).