Principal Financial (PFG) — Cheong Wee Yee Receives RSU Award

What Happened

• Cheong Wee Yee, President — Asia & Middle East at Principal Financial Group (PFG), was granted 354 restricted stock units (RSUs) on 2026-09-25. The transaction is reported as an award/grant (code A); the per-share acquisition price is reported as $0.00, so the recorded acquisition value is $0.

Key Details

• Transaction date: 2026-09-25; Form 4 filed: 2026-09-29.
• Transaction type/code: Grant/Award (A) of 354 RSUs at $0.00.
• Shares owned after the transaction: not specified in the provided summary. Footnote F2 notes holdings include 1,771 shares acquired under the Principal Financial Group Employee Stock Purchase Plan (ESPP).
• Notable footnotes: F1 = grant of restricted stock units; F2 = includes 1,771 shares from the ESPP.
• Timeliness: The Form 4 was filed four days after the transaction (filed 9/29 for a 9/25 grant). Form 4s are typically due within two business days of the transaction; check the full filing for any explanations.

Context

• RSU grants are compensation awards that typically vest over time and are not the same as an open-market purchase or sale. The $0 acquisition price reflects that these are a grant, not a market transaction. Such awards are common for employee compensation/retention and do not by themselves indicate immediate buying or selling in the open market.