Principal Financial (PFG) Asia EVP gains stock awards and RSUs

Rhea-AI Filing Summary

Principal Financial Group executive Cheong Wee Yee reported stock awards in a Form 4 filing. On February 23, 2026, Cheong acquired 2,938 and 6,576 shares of common stock through grant or award transactions at a reported price of $0.00 per share.

After these acquisitions, directly owned common stock rose to 91,505 shares, which includes 1,747 shares obtained under the Principal Financial Group, Inc. Employee Stock Purchase Plan. Footnotes describe a grant of restricted stock units and a settlement of performance-based restricted stock units.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Cheong Wee Yee

Role EVP, Principal Asia

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,938	$0.00	--
Grant/Award	Common Stock	6,576	$0.00	--

Holdings After Transaction: Common Stock — 84,929 shares (Direct)

Footnotes (1)

1. Grant of restricted stock units. Includes 1747 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^*

Cheong Wee Yee

(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)
	EVP, Principal Asia

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		2,938	A	$0(1)	84,929(2)	D
Common Stock	02/23/2026		A		6,576	A	$0(3)	91,505(2)	D

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 1747 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 transaction did PFG executive Cheong Wee Yee report?

Cheong Wee Yee reported acquiring company shares through equity awards. The Form 4 shows stock granted or awarded rather than open-market purchases, reflecting compensation in Principal Financial Group common stock instead of a traditional cash transaction.

How many Principal Financial (PFG) shares did Cheong acquire in this filing?

Cheong acquired 2,938 and 6,576 shares of Principal Financial common stock. These two grant or award transactions increased reported direct ownership and reflect stock-based compensation rather than typical buying or selling in the market.

What is Cheong Wee Yee’s total Principal Financial share ownership after the grants?

After these transactions, Cheong directly owns 91,505 shares of Principal Financial common stock. This figure includes 1,747 shares previously acquired through the company’s Employee Stock Purchase Plan, as noted in the filing’s footnotes.

Were Cheong’s PFG transactions open-market buys or stock awards?

The transactions were stock awards, not market purchases. Both are coded as grants or other acquisitions at a reported price of $0.00 per share, indicating equity compensation rather than cash-funded buying on the open market.

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

Footnotes describe a grant of restricted stock units and settlement of performance-based restricted stock units. This indicates part of Cheong’s compensation is tied to equity that vests or settles based on time and performance conditions set by Principal Financial Group.

How are Employee Stock Purchase Plan shares reflected for PFG executive Cheong?

The filing states Cheong’s holdings include 1,747 shares from the Employee Stock Purchase Plan. This plan allows eligible employees to acquire company stock, and those ESPP shares are counted within the 91,505 directly owned shares reported after the awards.