Principal Financial (NYSE: PFG) executive reports new stock-based awards

Rhea-AI Filing Summary

Principal Financial Group Inc. reported that executive Amy Christine Friedrich, President - Benefits & Protect, received stock-based compensation awards. On February 23, 2026, she acquired 9,959 and 9,653 shares of common stock at a price of $0.00 per share through grant or award transactions. Footnotes state these involve a grant of restricted stock units, settlement of performance-based restricted stock units granted on February 27, 2023, and shares acquired under the company’s employee stock purchase plan. Following these changes, she also reports 3,945 shares held indirectly through a 401(k) plan.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Friedrich Amy Christine

Role President - Benefits & Protect

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,959	$0.00	--
Grant/Award	Common Stock	9,653	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 101,679 shares (Direct); Common Stock — 3,945 shares (Indirect, By 401(k))

Footnotes (1)

1. Grant of restricted stock units. Includes 3276 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan. Settlement of performance-based restricted stock units granted 2/27/2023.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Friedrich Amy Christine

(Last) (First) (Middle)

711 HIGH STREET

(Street)

DES MOINES IA 50392

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PRINCIPAL FINANCIAL GROUP INC [ PFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President - Benefits & Protect

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/23/2026		A		9,959	A	$0(1)	101,679(2)	D
Common Stock	02/23/2026		A		9,653	A	$0(3)	111,332(2)	D
Common Stock								3,945	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant of restricted stock units.

2. Includes 3276 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan.

3. Settlement of performance-based restricted stock units granted 2/27/2023.

	Chris Agbe-Davies as Attorney-in-Fact	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Amy Christine Friedrich report at PFG?

Amy Christine Friedrich reported acquiring stock-based awards in Principal Financial Group common stock. Two grant or award transactions on February 23, 2026 increased her direct holdings, and she also reported indirect ownership through a 401(k) plan, reflecting routine equity compensation and retirement-related holdings.

How many PFG shares did Amy Christine Friedrich acquire in the latest Form 4?

She acquired 9,959 and 9,653 shares of Principal Financial Group common stock via grant or award transactions. These equity awards, recorded at $0.00 per share, represent restricted stock units and settled performance-based restricted stock units disclosed in the filing’s footnotes.

What do the restricted stock unit footnotes mean in PFG’s Form 4 filing?

The footnotes explain that part of Amy Christine Friedrich’s reported holdings come from a grant of restricted stock units and settlement of performance-based restricted stock units granted February 27, 2023. Another footnote notes shares acquired through Principal Financial Group’s employee stock purchase plan.

Does the PFG Form 4 show any insider sales by Amy Christine Friedrich?

The filing shows no sales; it reports only acquisitions through grants, awards, and settlements. Both listed transactions are coded as grant or award acquisitions, and there is no transaction coded as a sale or disposition in this Form 4 submission for Principal Financial Group.

How many PFG shares does Amy Christine Friedrich hold indirectly through retirement plans?

She reports indirect ownership of 3,945 Principal Financial Group shares through a 401(k) plan. This figure reflects shares held in the retirement account, separate from her directly owned shares received via equity grants, awards, and performance-based restricted stock unit settlements.

What role does Amy Christine Friedrich hold at Principal Financial Group?

Amy Christine Friedrich is identified as an officer of Principal Financial Group, serving as President - Benefits & Protect. Her Form 4 filing reflects stock-based compensation and retirement plan holdings associated with this executive role, rather than open-market purchases or sales of company shares.