What indirect PFG shareholdings related to Joel Pitz are disclosed?

The filing shows 2,795 shares held indirectly by his spouse, 1,352 shares held in a 401(k) account, and 102 shares in a spouse’s 401(k). These amounts reflect retirement and family accounts rather than his direct trading activity.

Principal Financial (NYSE: PFG) CFO receives stock grants and updates holdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Principal Financial Group EVP & CFO Joel Pitz reported equity awards in company stock. On March 27, 2026, he received an award of 278 shares of Common Stock at no cost, described in a footnote as a grant of restricted stock units, as part of his compensation.

On the same date, an additional 3 shares were acquired as an award and are held indirectly through his spouse. Following these transactions, he holds 43,407 shares directly, with further indirect holdings through a spouse account and retirement plans. These are compensation-related grants, not open-market purchases.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Pitz Joel

Role EVP & CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	278	$0.00	--
Grant/Award	Common Stock	3	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 43,407 shares (Direct); Common Stock — 2,795 shares (Indirect, By Spouse)

Footnotes (1)

Grant of restricted stock units. Includes 10,113 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan. Includes 2,499 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan.

Key Figures

Direct award: 278 shares Spouse award: 3 shares Direct holdings after award: 43,407 shares +3 more

6 metrics

Direct award 278 shares Grant of Common Stock on March 27, 2026 at $0.00 per share

Spouse award 3 shares Indirect award by spouse on March 27, 2026 at $0.00 per share

Direct holdings after award 43,407 shares Common Stock directly owned following the reported transactions

Spouse indirect holdings 2,795 shares Common Stock held indirectly by spouse after the transactions

401(k) holdings 1,352 shares Common Stock held indirectly in a 401(k) account

Spouse 401(k) holdings 102 shares Common Stock held indirectly in spouse’s 401(k) account

Key Terms

restricted stock units, Employee Stock Purchase Plan, indirect ownership

3 terms

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.

Employee Stock Purchase Plan financial

"Includes 10,113 shares 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.

indirect ownership financial

"Indirect holdings are reported as "By Spouse", "By 401(k)", and "By Spouse 401(k)"."

Form 4 Insider Transactions: What Each Field Means →

03/31/2026 - 04:10 PM

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^*

Pitz Joel

(Last)

(First)

(Middle)

711 HIGH STREET

(Street)

DES MOINES

IOWA

50392

(City)

(State)

(Zip)

UNITED STATES

(Country)

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 & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/27/2026		A		278	A	$0⁽¹⁾	43,407⁽²⁾	D
Common Stock	03/27/2026		A		3	A	$0⁽¹⁾	2,795⁽³⁾	I	By Spouse
Common Stock								1,352	I	By 401(k)
Common Stock								102	I	By Spouse 401(k)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Grant of restricted stock units.

2. Includes 10,113 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan.

3. Includes 2,499 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan.

	Chris Agbe-Davies as Attorney-in-Fact	03/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did PFG EVP & CFO Joel Pitz report in this Form 4 filing?

Joel Pitz reported equity awards in Principal Financial Group common stock. He received 278 shares directly and 3 shares through his spouse as compensation-related grants, with no purchase price paid for these awards.

How many PFG shares did Joel Pitz acquire in this transaction?

He acquired 278 shares of Principal Financial Group common stock directly and 3 shares indirectly via his spouse. These awards were recorded at a price of $0.00 per share, reflecting stock-based compensation rather than a market purchase.

What are Joel Pitz’s direct holdings of PFG stock after this Form 4?

After the reported awards, Joel Pitz directly holds 43,407 shares of Principal Financial Group common stock. This figure represents his post-transaction direct ownership and excludes additional indirect holdings through spouse and retirement accounts.

Was this PFG Form 4 a market buy or a compensation grant?

This Form 4 reflects compensation-related grants, not open-market buying. A footnote describes the award as a grant of restricted stock units, and the transactions are coded as awards with a transaction price of $0.00 per share.

What role does the Employee Stock Purchase Plan play in Joel Pitz’s PFG holdings?

Footnotes state that his holdings include 10,113 shares and 2,499 shares acquired through Principal Financial Group’s Employee Stock Purchase Plan. These shares were accumulated via the plan over time, separate from the new restricted stock unit grant.