Principal Financial Group Officer Files Form 144 to Sell $5.96M in Common Stock

Executive Summary

On November 4, 2026, Christopher J Littlefield, an Officer of Principal Financial Group, Inc. ($PFG), submitted a Form 144 notice of proposed sale covering 51,285 shares of common stock with an aggregate market value of approximately $5.96 million.

Transaction Details

• Securities to be Sold: 51,285 common shares.
• Aggregate Market Value: $5,964,660.90 (implied price of ~$116.30 per share).
• Nature of Acquisition: The shares are being acquired on November 4, 2026, through the exercise of stock options under a registered plan with cash payment.
• Approximate Sale Date: November 4, 2026.
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
• Prior Transactions: No securities were sold by the reporting owner within the preceding three months.

Context and Market Impact

• Dilution / Float Context: The 51,285 shares represent approximately 0.024% of the company's 212,376,467 total common shares outstanding.
• Trading Significance: Rated as Medium. Although the dollar volume ($5.96M) is significant, the sale is tied directly to an option exercise under an employee equity compensation plan rather than a disposition of existing core holdings.