Form 4: Principal Financial Director Receives Stock Grant

Principal Financial Group Director Jocelyn Carter Miller was granted 811 shares of common stock as restricted stock units on September 26, 2025.

Summary

• Jocelyn Carter Miller, a Director of Principal Financial Group Inc. (PFG), acquired 811 shares of common stock.
• The acquisition occurred on September 26, 2025, and was a grant of restricted stock units.
• Following this transaction, Jocelyn Carter Miller directly beneficially owns 86,912 shares of PFG common stock.
• The transaction price for the granted shares was $0, consistent with a restricted stock unit grant.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive sign of alignment between management and shareholder interests, reflecting standard compensation practices.

Positives

• Director Jocelyn Carter Miller received a grant of 811 restricted stock units, aligning her interests with shareholders.
• The total beneficial ownership of common stock by the director increased to 86,912 shares, demonstrating continued commitment to the company.

Related Party Transactions

• Grant of 811 restricted stock units to Jocelyn Carter Miller, a Director of Principal Financial Group Inc., as part of her compensation package.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with long-term company performance.

Key Dates

Recommendation

This Form 4 reports a routine grant of restricted stock units to a director, which is a standard compensation practice and does not provide new information that would alter the fundamental investment thesis for Principal Financial Group Inc. Therefore, a 'hold' recommendation is maintained.

Keywords

PFG, Principal Financial Group, Form 4, insider transaction, stock grant, restricted stock units, director, beneficial ownership