Bhatia Kamal 4

What Happened
Kamal Bhatia, President and CEO of Principal Financial Group, sold (disposed) 5,570 shares on February 25, 2026. The reported weighted-average sale price was $94.55, for total proceeds of $526,644. The Form 4 lists the disposition as "to the issuer" (D).

Key Details

• Transaction date: 2026-02-25. Filing date: 2026-02-27 (filed two days after the transaction).
• Price: weighted average $94.55; sales in multiple trades ranged from $94.17 to $94.74.
• Amount: 5,570 shares; total reported proceeds $526,644.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: Transaction was executed pursuant to a Rule 10b5-1 trading plan adopted 5/14/2025. The filer notes the reported price is a weighted average and offers to provide the per-trade breakdown on request.
• Transaction code: D (disposition to the issuer).

Context
This sale was executed under a pre-established Rule 10b5-1 plan, which allows insiders to trade according to a preset schedule and can limit the signaling value of the transaction. "Disposition to the issuer" can reflect different corporate mechanisms (e.g., repurchase, share surrender), but the Form 4 does not specify the reason for the disposition.