Principal Financial (PFG)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-27 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: PRINCIPAL FINANCIAL GROUP INC (PFG) CIK: 0001126328 --- Reporting Owner --- Name: HOCHSCHILD ROGER C CIK: 0001183833 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-03-27 | Code: A (Grant or award) Shares: +355 | Price: $0.00 Shares Owned After: 39,008 | Ownership: D (Direct) Footnotes: [F1] Grant of restricted stock units. --- Derivative Transactions --- [Transaction #1] Security: Phantom Stock Units Date: 2026-03-27 | Code: A (Grant or award) Shares: +262 | Price: $87.01 Shares Owned After: 28,766 | Ownership: D (Direct) Footnotes: [F2] The units convert to common stock on a one-for-one basis. [F3] The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors and may be transferred at any time into another investment alternative under the Plan. Interests under the Plan will be settled upon the reporting person's retirement. [F3] The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors and may be transferred at any time into another investment alternative under the Plan. Interests under the Plan will be settled upon the reporting person's retirement. --- Footnotes (Complete Index) --- F1: Grant of restricted stock units. F2: The units convert to common stock on a one-for-one basis. F3: The reported phantom stock units were acquired pursuant to the Principal Deferred Compensation Plan for Non-Employee Directors and may be transferred at any time into another investment alternative under the Plan. Interests under the Plan will be settled upon the reporting person's retirement. --- Signature --- /s/ Chris Agbe-Davies as Attorney-in-Fact (2026-03-31)