Principal Private Credit Fund Portfolio Manager Darrah Matthew Buys Shares

What Happened Darrah Matthew, a portfolio manager at Principal Private Credit Fund, acquired 11,824.324 shares on 2026-03-20. The transaction was reported as a purchase (code P) at $10.36 per share, for a total reported value of $122,500. This was a buy (a purchase) rather than a sale.

Key Details

• Transaction date: 2026-03-20
• Transaction type/code: Purchase (P) — reported as open market or private purchase (filing does not specify which)
• Price per share: $10.36
• Shares acquired: 11,824.324
• Total value: $122,500
• Filing date: 2026-03-23 — filed within the SEC’s required reporting window (timely)
• Shares owned after transaction: Not disclosed in this Form 4
• Footnotes/plan: No 10b5-1, tax-withholding, or other special footnotes reported

Context Insider purchases can be informative to investors because they represent insiders putting personal capital into the company or fund. This particular purchase is modest in dollar size; the filing provides no additional context (e.g., a 10b5-1 plan or subsequent sales). As always, such transactions are factual data points and should be considered alongside broader research and disclosure.