Agrawal Vivek 4
Research Summary
AI-generated summary
Principal Financial (PFG) EVP Vivek Agrawal Receives Award (RSUs)
What Happened
- Vivek Agrawal, EVP & Chief Growth Officer of Principal Financial Group (PFG), received a grant of 234 restricted stock units (RSUs) on June 26, 2026. The Form 4 reports the acquisition amount as $0 and lists the transaction type as an award/grant (code A). Footnote F1 confirms these are RSUs.
Key Details
- Transaction date: 2026-06-26 (reported on Form 4 filed 2026-06-30).
- Transaction type/code: Grant/Award (A) — restricted stock units (RSUs).
- Shares acquired: 234 RSUs; acquisition amount listed as $0 on the filing.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: F1 — Grant of restricted stock units.
- Timeliness: Filing date (6/30/2026) falls within the usual 2 business-day reporting window for Form 4s (timely filing).
Context
- RSUs are compensation awards that typically vest over time and convert to shares when they vest; they are not an immediate cash purchase or sale. Such grants are common executive compensation and do not by themselves indicate buying or selling intent.