Auerbach Jonathan 4

What Happened
Jonathan Auerbach, a director of Principal Financial Group Inc. (PFG), was granted 166 restricted stock units (RSUs) on 2026-06-26. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share (total reported cash consideration $0). Footnote F1 confirms these are RSUs.

Key Details

• Transaction date: 2026-06-26; Filing date (Form 4): 2026-06-30 (appears timely under the 2-business-day rule).
• Quantity and price: 166 shares/RSUs acquired at $0.00 per unit.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: F1 — Grant of restricted stock units.
• Transaction type: Award/grant (not an open-market purchase or sale).

Context
RSUs are a form of deferred equity compensation that typically vest over time and are not immediately tradable; they are generally taxed on vesting. Grants to directors are common compensation and do not necessarily indicate a personal market view.