Form 4: Principal Financial Executive Gifts 1,524 Shares

Amy Christine Friedrich, President of Benefits & Protect at Principal Financial Group, reported a disposition of 1,524 common shares as a gift.

Summary

• Amy Christine Friedrich, President Benefits & Protect at Principal Financial Group Inc. (PFG), reported a transaction.
• On December 4, 2025, Friedrich disposed of 1,524 shares of Common Stock.
• The transaction was coded 'G', indicating a gift, with a price of $0 per share.
• Following this transaction, Friedrich directly beneficially owns 91,144 shares of Common Stock.
• Additionally, Friedrich indirectly beneficially owns 3,893 shares through a 401(k) plan.
• The direct beneficial ownership includes 3,248 shares acquired through the Principal Financial Group, Inc. Employee Stock Purchase Plan.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to a reduction in direct insider ownership, although the transaction being a gift and part of a 10b5-1 plan mitigates significant concern.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating it was pre-planned and not based on immediate insider information.

Negatives

• The disposition of shares by an executive, even as a gift, slightly reduces direct insider ownership.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's financial performance or strategic direction.

Industry Context

This Form 4 filing details an individual executive's stock transaction and does not provide broader industry context or trends. Such transactions are routine disclosures for publicly traded companies.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, which is generally viewed neutrally to slightly negatively, but the small scale and nature as a gift under a 10b5-1 plan limit its impact.

Key Dates

Keywords

Principal Financial Group, PFG, Form 4, Insider Transaction, Stock Disposition, Gift, Amy Christine Friedrich, Executive Stock Ownership, Rule 10b5-1