Cheong Wee Yee 4
Research Summary
AI-generated summary
Principal Financial (PFG): Cheong Wee Yee Receives RSU Award
What Happened
Cheong Wee Yee, President — Asia & Middle East at Principal Financial Group, received a grant of 368 restricted stock units (RSUs) on June 26, 2026. The reported acquisition price is $0.00 per share (typical for an RSU grant), so there was no cash transaction recorded at grant.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (filed within the required reporting window).
- Transaction type/code: A (award/grant). Price reported: $0.00; quantity: 368 RSUs.
- Footnotes: F1 = grant of restricted stock units. F2 notes holdings include 1,771 shares acquired under the Principal Financial Group Employee Stock Purchase Plan (ESPP).
- Shares owned after the transaction: the filing does not list a specific total in the summary line; footnote F2 indicates part of holdings come from the ESPP.
Context
RSUs are a form of equity compensation that typically vest over time; the grant itself does not involve an immediate sale or cash purchase. Such awards are routine compensation for executives and do not, by themselves, signal a buy or sell decision by the insider.