Principal director awarded stock and phantom units
Principal Financial Group director Roger C. Hochschild reported routine equity awards.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Principal Financial Group director Roger C. Hochschild reported routine equity awards. He received 262 Phantom Stock Units at $87.0100 per unit and 355 shares of Common Stock as a grant. Following these awards, he directly holds 28,766 Phantom Stock Units and 39,008 shares of Common Stock. The phantom units are under the Principal Deferred Compensation Plan for Non-Employee Directors, convert to common stock on a one-for-one basis, and will be settled upon his retirement.
Insider Trade Summary
Grant/Award: 617 shares
Grant/Award
2 txns
Insider
HOCHSCHILD ROGER C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 262 | $87.01 | $23K |
| Grant/Award | Common Stock | 355 | $0.00 | $0.00 |
Holdings After Transaction:
Phantom Stock Units — 28,766 contracts (Direct);
Common Stock — 39,008 shares (Direct)
Holdings Before and After:
Phantom Stock Units, 28,504 to 28,766 contracts (Direct);
Common Stock, 38,653 to 39,008 shares (Direct)
Footnotes (3)
- F1. Grant of restricted stock units.
- F2. The units convert to common stock on a one-for-one basis.
- F3. The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors and may be transferred at any time into another investment alternative under the Plan. Interests under the Plan will be settled upon the reporting person's retirement.
Key Figures
Phantom Stock Units granted: 262 units
Phantom unit reference price: $87.0100 per unit
Common Stock granted: 355 shares
+3 more
6 metrics
Phantom Stock Units granted
262 units
Grant on March 27, 2026
Phantom unit reference price
$87.0100 per unit
Grant valuation for Phantom Stock Units
Common Stock granted
355 shares
Grant on March 27, 2026
Common shares after grant
39,008 shares
Total Common Stock directly held after transactions
Phantom units after grant
28,766 units
Total Phantom Stock Units directly held after transactions
Conversion ratio
1 unit : 1 share
Phantom Stock Units convert to Common Stock one-for-one
Key Terms
Phantom Stock Units, restricted stock units, Principal Deferred Compensation Plan for Non-Employee Directors, one-for-one basis
4 terms
Phantom Stock Units financial
"The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
restricted stock units financial
"Grant of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Principal Deferred Compensation Plan for Non-Employee Directors financial
"acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors"
one-for-one basis financial
"The units convert to common stock on a one-for-one basis."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PFG director Roger Hochschild report?
Director Roger C. Hochschild reported two equity awards. He acquired 262 Phantom Stock Units at $87.0100 per unit and 355 shares of Common Stock as grants, reflecting routine compensation rather than open-market buying or selling activity.
What are the Phantom Stock Units reported in the PFG Form 4?
The Phantom Stock Units are deferred compensation linked to Principal Financial Group’s stock price. Hochschild acquired 262 units, each valued at $87.0100, under the Principal Deferred Compensation Plan for Non-Employee Directors as part of his board compensation package.
Do the PFG Phantom Stock Units convert into common stock for Roger Hochschild?
Yes. The filing states the units convert to Common Stock on a one-for-one basis. Interests under the Principal Deferred Compensation Plan for Non-Employee Directors will be settled in connection with Hochschild’s retirement, aligning his compensation with long-term shareholder interests.
Are Roger Hochschild’s PFG equity awards open-market purchases or sales?
No. Both transactions use code “A,” indicating grants or awards rather than market trades. Hochschild received 355 Common Stock shares and 262 Phantom Stock Units as compensation, so there were no open-market buys or sells disclosed in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
