Richer Clare Stack 4
Research Summary
AI-generated summary
Principal Financial (PFG) Director Richer Clare Stack Receives 142-Share Award
What Happened
Richer Clare Stack, a director of Principal Financial Group (PFG), received a grant of 142 restricted stock units (RSUs) on June 26, 2026. The award was recorded as an acquisition (type A) at $0.00 per share (typical for RSU grants), so no cash changed hands at grant.
Key Details
- Transaction date: 2026-06-26; Form filed: 2026-06-30.
- Transaction type/code: Grant / Acquisition (A).
- Shares awarded: 142 RSUs; acquisition price reported as $0.00.
- Total dollar value at grant: $0 (grant of units rather than a cash purchase).
- Footnote: F1 — Grant of restricted stock units.
- Shares owned after transaction: Not specified in the filing.
Context
- RSU grants are a form of equity compensation that typically vest over time or upon meeting performance/service conditions; they are not an immediate sale or purchase in the open market.
- Grants do not necessarily indicate a direct bullish or bearish signal—they are typically part of compensation programs for directors and executives.
- No indication in this filing that the award was part of a sale, exercise, gift, or tax-withholding event.