PFG executive sells 13,920 shares in open market
Principal Financial Group Inc. executive Wee Yee Cheong reported selling Common Stock in two open-market transactions.
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Form Type
4
Rhea-AI Filing Summary
Principal Financial Group Inc. executive Wee Yee Cheong reported selling Common Stock in two open-market transactions. On April 30, the president for Asia & Middle East sold 4,737 shares at a weighted average price of $101.01 per share. On May 1, an additional 9,183 shares were sold at a weighted average price of $101.26. These sales were executed in multiple trades within narrow price ranges around $101. Following the transactions, Cheong directly owns 77,188 shares of Principal Financial Group Common Stock, which continues to represent a substantial personal stake in the company.
Insider Trade Summary
Net Seller: 13,920 shares
Net Sell
2 txns
Insider
Cheong Wee Yee
Role
President - Asia & Middle East
Sold
13,920 shs ($1.41M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,183 | $101.26 | $930K |
| Sale | Common Stock | 4,737 | $101.01 | $478K |
Holdings After Transaction:
Common Stock — 77,188 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.06, inclusive. The reporting person undertakes to provide Principal Financial Group, Inc., any security holder of Principal Financial Group, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2. Includes 1,763 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.62, inclusive. The reporting person undertakes to provide Principal Financial Group, Inc., any security holder of Principal Financial Group, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Key Figures
Shares sold 2026-04-30: 4,737 shares
Price 2026-04-30: $101.01/share
Shares sold 2026-05-01: 9,183 shares
+5 more
8 metrics
Shares sold 2026-04-30
4,737 shares
Open-market sale at $101.01 weighted average
Price 2026-04-30
$101.01/share
Weighted average sale price
Shares sold 2026-05-01
9,183 shares
Open-market sale at $101.26 weighted average
Price 2026-05-01
$101.26/share
Weighted average sale price
Total shares sold
13,920 shares
Net shares sold across both transactions
Shares owned after sales
77,188 shares
Direct holdings following transactions
ESPP shares included
1,763 shares
Acquired via Employee Stock Purchase Plan
Price range footnote
$101.00–$101.62
Ranges of individual trades in sales
Key Terms
weighted average price, open-market sale, Employee Stock Purchase Plan, Common Stock, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Purchase Plan financial
"acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
net-sell financial
"netBuySellDirection": "net-sell""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PFG executive Wee Yee Cheong report on this Form 4?
Wee Yee Cheong reported two open-market sales of Principal Financial Group common stock, totaling 13,920 shares. The sales occurred on April 30 and May 1, and were executed at weighted average prices slightly above $101 per share.
What role does Wee Yee Cheong hold at Principal Financial Group (PFG)?
Wee Yee Cheong serves as President - Asia & Middle East at Principal Financial Group. This senior executive role oversees the company’s operations in those regions and is specifically identified in the insider ownership and transaction disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
