Principal Financial Group EVP & CFO Joel Pitz Receives Routine RSU Grant

Executive Summary

On September 29, 2026, Principal Financial Group Inc ($PFG) filed a Form 4 detailing equity awards granted to Executive Vice President and Chief Financial Officer Joel Pitz on September 25, 2026. Mr. Pitz received a grant of 226 restricted stock units (RSUs) of common stock directly, alongside 2 RSUs acquired indirectly by his spouse, each awarded at $0.00 per share.

Transaction Details

• Security: Common Stock
• Transaction Code: A (Grant, award, or other acquisition)
• Direct Shares Acquired: 226 shares at $0.00
• Indirect Shares Acquired (Spouse): 2 shares at $0.00
• Post-Transaction Holdings:
  • Direct: 44,224 shares (includes 10,470 shares acquired via ESPP)
  • Indirect (Spouse): 2,930 shares (includes 2,630 shares acquired via ESPP)
  • Indirect (401(k)): 1,362 shares
  • Indirect (Spouse 401(k)): 103 shares

Market Significance

This transaction reflects routine executive equity compensation in the form of RSU grants rather than an open-market purchase or sale. Because no cash was exchanged and the transaction volume is nominal relative to total holdings, it represents standard corporate compensation practices and carries low market significance.