Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-29

PRINCIPAL FINANCIAL GROUP INC (PFG)

CEO Deanna Strable-Soethout was paid $13,827,887 in fiscal year 2025, ↑ up 115.0% from fiscal year 2024, the 15th percentile of its disclosed peer group (SEC filing 0001104659-26-039920 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$13,827,887 ↑
Deanna Strable-Soethout total, FY2025
15th
CEO pay percentile vs peers
155:1
CEO-to-median pay ratio
96.87%
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Sample answer — “What is the CEO’s total compensation?”
- Deanna Strable-Soethout (Chair, President and Chief Executive Officer), FY2025 total compensation $13,827,887 (base salary $990,769) [exec_comp, SEC accession 0001104659-26-039920, filed 2026-04-06]

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PFG's next annual pay disclosure, estimated April 5, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Deanna Strable-Soethout$990,769$0$8,870,708$0$3,091,200$691,042$184,168$13,827,887
Chair, President and Chief Executive Officer
Daniel Houston791,15404,424,91903,085,5002,533,807485,65111,321,031
Former Executive Chairman
Kamal Bhatia551,50002,590,03904,481,020029,4927,652,051
President and CEO, Principal Asset Management
Christopher Littlefield680,3851,000,0002,496,51101,415,200170,427121,2205,883,743
President, Retirement Income Solutions
Amy Friedrich699,76902,567,83401,455,520403,37797,3675,223,867
President, Benefits and Protection
Joel Pitz498,8460789,8900804,140149,56654,4342,296,876
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Deanna Strable-Soethout$13,827,887$6,432,610$6,107,952↑ +7,395,277
Daniel Houston11,321,03116,438,18415,118,828↓ −5,117,153
Kamal Bhatia7,652,0515,272,237—↑ +2,379,814
Christopher Littlefield5,883,7434,624,281—↑ +1,259,462
Amy Friedrich5,223,8674,434,2044,738,010↑ +789,663
Joel Pitz2,296,8761,835,840—↑ +461,036

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$13,827,887 Deanna Strable-Soethout total, FY2025

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Data as of September 29, 2026 · Source: 0001104659-26-039920 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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Companies that benchmark against PFG
20 companies name PFG as a compensation peer

Each company listed discloses PFG in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PFG in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Christopher LittlefieldEVP$5,883,743
Deanna Strable-SoethoutCEO$13,827,887
Amy FriedrichPresident$5,223,867
Kamal BhatiaEVP$7,652,051
Daniel HoustonExecutive Chairman$11,321,031
Joel PitzCFO$2,296,876
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alfredo RiveraIndependent Director$315,037
Blair C. PickerellIndependent Director$315,037
Clare S. RicherIndependent Director$352,537
Claudio N. MuruzabalIndependent Director$315,037
Diane C. NordinIndependent Director$352,537
H. Elizabeth MitchellIndependent Director$315,037
Jocelyn Carter-MillerIndependent Director$342,537
Jonathan S. AuerbachIndependent Director$315,037
Mary E. Maliz BeamsIndependent Director$315,037
Roger C. HochschildIndependent Director$342,537
Scott M. MillsLead Independent Director$370,037
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
George DjurasovicInterim General Counsel2026-04-28D2,571$101$259,234CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-04-29D1,080101109,080CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-04-30D4,737101478,484CommonForm 4 ↗
George DjurasovicInterim General Counsel2026-04-30D0.9910099CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-05-01D9,183101929,871CommonForm 4 ↗
Jonathan S. AuerbachDirector2026-05-19A2,17500CommonForm 4 ↗
Miller Jocelyn CarterDirector2026-05-19A2,17500CommonForm 4 ↗
Diane C. NordinDirector2026-05-19A2,17500CommonForm 4 ↗
Blair C. PickerellDirector2026-05-19A2,17500CommonForm 4 ↗
H. Elizabeth MitchellDirector2026-05-19A2,17500CommonForm 4 ↗
Scott M. MillsDirector2026-05-19A2,17500CommonForm 4 ↗
Roger C. HochschildDirector2026-05-19A2,17500CommonForm 4 ↗
Clare S. RicherDirector2026-05-19A2,17500CommonForm 4 ↗
Alfredo RiveraDirector2026-05-19A2,17500CommonForm 4 ↗
Mary E. Maliz BeamsDirector2026-05-19A2,17500CommonForm 4 ↗
Claudio N. MuruzabalDirector2026-05-19A2,17500CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-05-20D3,211103330,926CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-05-21D7,534103777,207CommonForm 4 ↗
Roger C. HochschildDirector2026-06-05A68910572,497Derivative, Class A CommonForm 4 ↗
Scott M. MillsDirector2026-06-05A41610543,772Derivative, Class A CommonForm 4 ↗
Timothy W. BrownEVP, General Counsel and Sec2026-06-08A22,27900CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11A16,825631,056,274CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11D16,825631,056,274Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11A19,7671102,175,556CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11A2,94263184,699CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11D2,94263184,699Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D13,88363871,575Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D26,4451102,921,644CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D4,263111474,259CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D16,825631,056,274Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12A16,825631,056,274CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12A13,88363871,575CommonForm 4 ↗
Claudio N. MuruzabalDirector2026-06-26A10000CommonForm 4 ↗
H. Elizabeth MitchellDirector2026-06-26A8000CommonForm 4 ↗
Roger C. HochschildDirector2026-06-26A21910823,597Derivative, Class A CommonForm 4 ↗
Roger C. HochschildDirector2026-06-26A29400CommonForm 4 ↗
Scott M. MillsDirector2026-06-26A15210816,378Derivative, Class A CommonForm 4 ↗
Blair C. PickerellDirector2026-06-26A28100CommonForm 4 ↗
Dividend-equivalent accruals2026-06-26—25—~2,6941 insider, 1 accrual row
Alfredo RiveraDirector2026-06-26A11700CommonForm 4 ↗
Kenneth A. McCullumEVP - Chief Risk Officer2026-06-26A7300CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-26A4400CommonForm 4 ↗
Vivek AgrawalEVP & Chief Growth Officer2026-06-26A23400CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-06-26A36800CommonForm 4 ↗
Kathleen B. KayEVP-Chief Information Officer2026-06-26A39800CommonForm 4 ↗
Christopher LittlefieldPresident - RIS2026-06-26A55900CommonForm 4 ↗
Kamal BhatiaPresident and CEO - PAM2026-06-26A43000CommonForm 4 ↗
Joel PitzEVP & CFO2026-06-26A200CommonForm 4 ↗
Jonathan S. AuerbachDirector2026-06-26A16600CommonForm 4 ↗
Mary E. Maliz BeamsDirector2026-06-26A10900CommonForm 4 ↗
Miller Jocelyn CarterDirector2026-06-26A66900CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-26A61200CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-06-26A59900CommonForm 4 ↗
Scott M. MillsDirector2026-06-26A25300CommonForm 4 ↗
Clare S. RicherDirector2026-06-26A14200CommonForm 4 ↗
Joel PitzEVP & CFO2026-06-26A23400CommonForm 4 ↗
Diane C. NordinDirector2026-06-26A21700CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D11,89464760,978Derivative, Class A CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D11,89364760,914Derivative, Class A CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D11,89364760,914Derivative, Class A CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D35,6801144,060,384CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07A35,680642,282,806CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03A18,380641,175,952CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03A18,380641,175,952CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03A18,380641,175,952CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D18,380641,175,952Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D18,380641,175,952Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D55,1401216,649,840CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D18,380641,175,952Derivative, Class A CommonForm 4 ↗
Roger C. HochschildDirector2026-09-25A28500CommonForm 4 ↗
Joel PitzEVP & CFO2026-09-25A200CommonForm 4 ↗
Joel PitzEVP & CFO2026-09-25A22600CommonForm 4 ↗
Alfredo RiveraDirector2026-09-25A11300CommonForm 4 ↗
H. Elizabeth MitchellDirector2026-09-25A7800CommonForm 4 ↗
Vivek AgrawalEVP & Chief Growth Officer2026-09-25A22600CommonForm 4 ↗
Jonathan S. AuerbachDirector2026-09-25A16100CommonForm 4 ↗
Dividend-equivalent accruals2026-09-25—24—~2,7541 insider, 1 accrual row
Scott M. MillsDirector2026-09-25A15011517,213Derivative, Class A CommonForm 4 ↗
Scott M. MillsDirector2026-09-25A24600CommonForm 4 ↗
Christopher LittlefieldPresident - RIS2026-09-25A53800CommonForm 4 ↗
Roger C. HochschildDirector2026-09-25A21811525,020Derivative, Class A CommonForm 4 ↗
Claudio N. MuruzabalDirector2026-09-25A9700CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-25A4200CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-25A59300CommonForm 4 ↗
Mary E. Maliz BeamsDirector2026-09-25A10500CommonForm 4 ↗
Diane C. NordinDirector2026-09-25A21100CommonForm 4 ↗
Blair C. PickerellDirector2026-09-25A27300CommonForm 4 ↗
Clare S. RicherDirector2026-09-25A13800CommonForm 4 ↗
Miller Jocelyn CarterDirector2026-09-25A64800CommonForm 4 ↗
Timothy W. BrownEVP, General Counsel and Sec2026-09-25A16300CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-09-25A35400CommonForm 4 ↗
Kenneth A. McCullumEVP - Chief Risk Officer2026-09-25A7100CommonForm 4 ↗
Kamal BhatiaPresident and CEO - PAM2026-09-25A41500CommonForm 4 ↗
Kathleen B. KayEVP-Chief Information Officer2026-09-25A38300CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-09-25A57700CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 95 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
George DjurasovicInterim General Counsel2026-04-28D2,571$101$259,234CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-04-29D1,080101109,080CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-04-30D4,737101478,484CommonForm 4 ↗
George DjurasovicInterim General Counsel2026-04-30D0.9910099CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-05-01D9,183101929,871CommonForm 4 ↗
Jonathan S. AuerbachDirector2026-05-19A2,17500CommonForm 4 ↗
Miller Jocelyn CarterDirector2026-05-19A2,17500CommonForm 4 ↗
Diane C. NordinDirector2026-05-19A2,17500CommonForm 4 ↗
Blair C. PickerellDirector2026-05-19A2,17500CommonForm 4 ↗
H. Elizabeth MitchellDirector2026-05-19A2,17500CommonForm 4 ↗
Scott M. MillsDirector2026-05-19A2,17500CommonForm 4 ↗
Roger C. HochschildDirector2026-05-19A2,17500CommonForm 4 ↗
Clare S. RicherDirector2026-05-19A2,17500CommonForm 4 ↗
Alfredo RiveraDirector2026-05-19A2,17500CommonForm 4 ↗
Mary E. Maliz BeamsDirector2026-05-19A2,17500CommonForm 4 ↗
Claudio N. MuruzabalDirector2026-05-19A2,17500CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-05-20D3,211103330,926CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-05-21D7,534103777,207CommonForm 4 ↗
Roger C. HochschildDirector2026-06-05A68910572,497Derivative, Class A CommonForm 4 ↗
Scott M. MillsDirector2026-06-05A41610543,772Derivative, Class A CommonForm 4 ↗
Timothy W. BrownEVP, General Counsel and Sec2026-06-08A22,27900CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11A16,825631,056,274CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11D16,825631,056,274Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11A19,7671102,175,556CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11A2,94263184,699CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-11D2,94263184,699Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D13,88363871,575Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D26,4451102,921,644CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D4,263111474,259CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12D16,825631,056,274Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12A16,825631,056,274CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-12A13,88363871,575CommonForm 4 ↗
Claudio N. MuruzabalDirector2026-06-26A10000CommonForm 4 ↗
H. Elizabeth MitchellDirector2026-06-26A8000CommonForm 4 ↗
Roger C. HochschildDirector2026-06-26A21910823,597Derivative, Class A CommonForm 4 ↗
Roger C. HochschildDirector2026-06-26A29400CommonForm 4 ↗
Scott M. MillsDirector2026-06-26A15210816,378Derivative, Class A CommonForm 4 ↗
Blair C. PickerellDirector2026-06-26A28100CommonForm 4 ↗
Alfredo RiveraDirector2026-06-26A251082,694Derivative, Class A CommonForm 4 ↗
Alfredo RiveraDirector2026-06-26A11700CommonForm 4 ↗
Kenneth A. McCullumEVP - Chief Risk Officer2026-06-26A7300CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-26A4400CommonForm 4 ↗
Vivek AgrawalEVP & Chief Growth Officer2026-06-26A23400CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-06-26A36800CommonForm 4 ↗
Kathleen B. KayEVP-Chief Information Officer2026-06-26A39800CommonForm 4 ↗
Christopher LittlefieldPresident - RIS2026-06-26A55900CommonForm 4 ↗
Kamal BhatiaPresident and CEO - PAM2026-06-26A43000CommonForm 4 ↗
Joel PitzEVP & CFO2026-06-26A200CommonForm 4 ↗
Jonathan S. AuerbachDirector2026-06-26A16600CommonForm 4 ↗
Mary E. Maliz BeamsDirector2026-06-26A10900CommonForm 4 ↗
Miller Jocelyn CarterDirector2026-06-26A66900CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-06-26A61200CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-06-26A59900CommonForm 4 ↗
Scott M. MillsDirector2026-06-26A25300CommonForm 4 ↗
Clare S. RicherDirector2026-06-26A14200CommonForm 4 ↗
Joel PitzEVP & CFO2026-06-26A23400CommonForm 4 ↗
Diane C. NordinDirector2026-06-26A21700CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D11,89464760,978Derivative, Class A CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D11,89364760,914Derivative, Class A CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D11,89364760,914Derivative, Class A CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07D35,6801144,060,384CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-08-07A35,680642,282,806CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03A18,380641,175,952CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03A18,380641,175,952CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03A18,380641,175,952CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D18,380641,175,952Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D18,380641,175,952Derivative, Class A CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D55,1401216,649,840CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-03D18,380641,175,952Derivative, Class A CommonForm 4 ↗
Roger C. HochschildDirector2026-09-25A28500CommonForm 4 ↗
Joel PitzEVP & CFO2026-09-25A200CommonForm 4 ↗
Joel PitzEVP & CFO2026-09-25A22600CommonForm 4 ↗
Alfredo RiveraDirector2026-09-25A11300CommonForm 4 ↗
H. Elizabeth MitchellDirector2026-09-25A7800CommonForm 4 ↗
Vivek AgrawalEVP & Chief Growth Officer2026-09-25A22600CommonForm 4 ↗
Jonathan S. AuerbachDirector2026-09-25A16100CommonForm 4 ↗
Alfredo RiveraDirector2026-09-25A241152,754Derivative, Class A CommonForm 4 ↗
Scott M. MillsDirector2026-09-25A15011517,213Derivative, Class A CommonForm 4 ↗
Scott M. MillsDirector2026-09-25A24600CommonForm 4 ↗
Christopher LittlefieldPresident - RIS2026-09-25A53800CommonForm 4 ↗
Roger C. HochschildDirector2026-09-25A21811525,020Derivative, Class A CommonForm 4 ↗
Claudio N. MuruzabalDirector2026-09-25A9700CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-25A4200CommonForm 4 ↗
Deanna D. Strable-SoethoutChair, President and CEO2026-09-25A59300CommonForm 4 ↗
Mary E. Maliz BeamsDirector2026-09-25A10500CommonForm 4 ↗
Diane C. NordinDirector2026-09-25A21100CommonForm 4 ↗
Blair C. PickerellDirector2026-09-25A27300CommonForm 4 ↗
Clare S. RicherDirector2026-09-25A13800CommonForm 4 ↗
Miller Jocelyn CarterDirector2026-09-25A64800CommonForm 4 ↗
Timothy W. BrownEVP, General Counsel and Sec2026-09-25A16300CommonForm 4 ↗
Wee Yee CheongPresident - Asia & Middle East2026-09-25A35400CommonForm 4 ↗
Kenneth A. McCullumEVP - Chief Risk Officer2026-09-25A7100CommonForm 4 ↗
Kamal BhatiaPresident and CEO - PAM2026-09-25A41500CommonForm 4 ↗
Kathleen B. KayEVP-Chief Information Officer2026-09-25A38300CommonForm 4 ↗
Amy FriedrichPresident - Benefits & Protect2026-09-25A57700CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Christopher LittlefieldRSU2025-02-24——8,432—$717,648
Joel PitzRSU2025-02-24——2,668—227,073
Daniel HoustonRSU2025-02-24——14,945—1,271,969
Deanna Strable-SoethoutRSU2025-02-24——29,961—2,549,981
Kamal BhatiaPSU2025-02-244,08220,412—36,7421,845,497
Kamal BhatiaRSU2025-02-24——8,748—744,542
Amy FriedrichRSU2025-02-24——8,673—738,159
Joel PitzPSU2025-02-241,2456,225—11,205562,817
Amy FriedrichPSU2025-02-244,04720,237—36,4271,829,675
Deanna Strable-SoethoutPSU2025-02-2413,98269,910—125,8386,320,728
Joel PitzPSU2025-02-241,2456,225—11,205562,817
Deanna Strable-SoethoutPSU2025-02-2413,98269,910—125,8386,320,728
Joel PitzRSU2025-02-24——2,668—227,073
Daniel HoustonPSU2025-02-246,97534,873—62,7713,152,950
Daniel HoustonPSU2025-02-246,97534,873—62,7713,152,950
Daniel HoustonRSU2025-02-24——14,945—1,271,969
Christopher LittlefieldPSU2025-02-243,93519,675—35,4151,778,863
Deanna Strable-SoethoutRSU2025-02-24——29,961—2,549,981
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christopher Littlefield$717,648$1,778,863$071.3%
Joel Pitz454,1461,125,634071.3%
Daniel Houston2,543,9386,305,900071.3%
Deanna Strable-Soethout5,099,96212,641,456071.3%
Kamal Bhatia744,5421,845,497071.3%
Amy Friedrich738,1591,829,675071.3%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Deanna Strable-SoethoutRSU728,500—$85,722,595
Daniel HoustonRSU15,388—1,357,392
Daniel HoustonPSU95,514—8,425,327
Daniel HoustonRSU68,846—6,072,906
Daniel HoustonRSU40,935—3,610,868
Daniel HoustonPSU36,179—3,191,392
Daniel HoustonPSU35,906—3,167,280
Daniel HoustonPSU23,883—2,106,719
Amy FriedrichPSU22,638—1,996,856
Christopher LittlefieldPSU22,013—1,941,799
Kamal BhatiaPSU21,177—1,867,998
Christopher LittlefieldPSU20,412—1,800,552
Amy FriedrichPSU17,059—1,504,774
Christopher LittlefieldPSU16,574—1,461,993
Daniel HoustonRSU15,505—1,367,687
Kamal BhatiaRSU9,984—880,732
Christopher LittlefieldRSU9,434—832,213
Kamal BhatiaRSU9,076—800,571
Christopher LittlefieldRSU8,748—771,652
Christopher LittlefieldRSU8,558—754,877
Kamal BhatiaRSU7,406—653,259
Joel PitzPSU6,458—569,679
Joel PitzPSU5,914—521,673
Joel PitzPSU3,825—337,403
Joel PitzRSU2,768—244,161
Joel PitzRSU2,534—223,547
Joel PitzRSU1,975—174,202
Deanna Strable-SoethoutPSU104—12,238
Daniel HoustonPSU72,529—6,397,792
Amy FriedrichRSU8,808—776,947
Daniel HoustonRSU12,332—1,087,785
Daniel HoustonRSU31,083—2,741,872
Amy FriedrichRSU9,702—855,809
Kamal BhatiaPSU14,342—1,265,108
Joel PitzRSU5,475—482,948
Amy FriedrichRSU8,998—793,707
Kamal BhatiaPSU23,296—2,054,946
Amy FriedrichPSU20,995—1,851,983
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company provides competitive compensation to attract and retain high-quality, non-employee Directors and Named Executive Officers, with a substantial proportion provided in the form of equity to align interests with shareholders.

CEO STI target (% of salary)300%
CEO LTI target (% of salary)—
Independent consultantCompensation Advisory Partners
Clawback policytrue
Anti-hedging—
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-19143,995,7314,652,158640,67596.87%Passed
20252025-05-20142,675,1287,735,191545,02894.86%Passed
20242024-05-21144,597,9136,488,259344,75195.71%Passed
20232023-05-16161,362,3324,534,074435,29297.27%Passed
20222022-05-17158,693,8517,431,800998,15595.53%Passed
20212021-05-18167,630,95511,794,267591,89293.43%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1996.87%a
20252025-05-2094.86%b
20242024-05-2195.71%c

a. Approved under the standard stated in the filing — “​ Abstentions and broker non-votes will be treated as being present at the meeting for determining a quorum but will not be counted as votes for the proposals.”.

b. Approved under the standard stated in the filing — “​ • Abstentions and broker non-votes will be treated as being present at the meeting for determining a quorum but will not be counted as votes for the proposals.”.

c. Approved under the standard stated in the filing — “​ • Abstentions and broker non-votes will be treated as being present at the meeting for determining a quorum but will not be counted as votes for the proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)155 : 1
CEO total compensation$13,827,887
Median employee compensation$87,867
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Scott M. MillsIndependent · Lead Independent Director · Nominating/Governance · Executive · Audit · Compensation$170,000$200,037———$370,037
Diane C. NordinIndependent · Audit (Chair) · Finance152,500200,037———352,537
Clare S. RicherIndependent · Finance (Chair) · Human Resources · Executive · Audit (Chair) · Nominating/Governance152,500200,037———352,537
Jocelyn Carter-MillerIndependent · Nominating/Governance · Human Resources (Chair) · Executive · Audit · Compensation142,500200,037———342,537
Roger C. HochschildIndependent · Nominating/Governance · Human Resources · Audit · Compensation142,500200,037———342,537
Alfredo RiveraIndependent · Audit · Finance115,000200,037———315,037
Claudio N. MuruzabalIndependent · Nominating/Governance · Human Resources · Audit · Compensation115,000200,037———315,037
Jonathan S. AuerbachIndependent · Finance · Human Resources · Compensation · Nominating/Governance115,000200,037———315,037
Mary E. Maliz BeamsIndependent · Audit · Finance115,000200,037———315,037
H. Elizabeth MitchellIndependent · Nominating/Governance · Compensation (Chair) · Audit115,000200,037———315,037
Blair C. PickerellIndependent · Finance · Human Resources · Audit · Nominating/Governance115,000200,037———315,037
Daniel J. HoustonEmployee director · Departed during FY—————0
Deanna D. Strable-SoethoutEmployee director · Board Chair · Executive (Chair)—————0
09

Board fee structure and ownership guideline

Annual cash retainer$115,000
Annual equity retainer$220,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)40,000 / 30,000 / 30,000
Stock ownership guideline$575,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,450,000
Equity awards (grant-date value)$2,200,407
All other compensation$0
Total cost of the board$3,650,407

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies PRINCIPAL FINANCIAL GROUP INC names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including PRINCIPAL FINANCIAL GROUP INC.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Bank of New York Mellon2025Robin Vince$1,300,000$47,440,141$25,000,004$9,510,000$83,472,970
2Ameriprise Financial2025James Cracchiolo1,250,00015,010,0003,990,0007,750,00030,828,468
3Lincoln National2025Ellen Cooper1,314,46220,303,44405,357,88027,991,242
4MetLife2025Michel Khalaf1,500,00014,797,60104,600,00022,364,273
5State Street2025Ronald O'Hanley1,200,00012,764,92405,399,37519,529,070
6Unum Group2025Richard McKenney1,128,2705,643,777011,587,99519,417,476
7Equitable Holdings2025Mark Pearson1,249,86212,600,04903,431,32018,001,113
8T. Rowe Price2025Robert Sharps350,0008,401,68908,401,50017,245,792
9Franklin Resources2025Jennifer Johnson750,0008,959,77106,925,00016,844,816
10Affiliated Managers Group2025Jay Horgen750,0008,967,00006,525,00016,311,950
11Invesco2025Andrew Schlossberg750,00010,084,90305,321,25016,299,849
12PRINCIPAL FINANCIAL GROUP INC2025Deanna Strable-Soethout990,7698,870,70803,091,20013,827,887
13Voya Financial2025Heather Lavallee991,6676,942,72704,456,00012,593,676
14Prudential Financial2025Andrew Sullivan1,089,2054,618,26604,664,00011,408,423

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
PRINCIPAL FINANCIAL GROUP INC104%PSU 70 · RSU 30NoCompensation Advisory Partners
Affiliated Managers Group134%PSU 75 · RSU 25NoSemler Brossy Consulting Group, LLC
Ameriprise Financial155%PSU 50NoSemler Brossy
Bank of New York Mellonnot disclosedPSU 75 · RSU 25Yes — TSR percentile vs. Relative Peer GroupMeridian
Equitable Holdings109%RSU 40 · MSU 30 · PSU 30Yes — Relative TSRMeridian Compensation Partners
Franklin Resources1847%PSU 100YesSemler Brossy Consulting Group
Invesco129%not disclosedYes — Relative TSRJohnson Associates, Inc.
Lincoln National147.6%not disclosedYes — Relative Total Shareholder Return (Relative TSR)Pay Governance LLC
MetLife100.5%PSU 70 · RSU 30Yes — TSR relative to TSR Peer GroupSemler Brossy Consulting Group
Prudential Financial106%PSU 75 · RSU 25NoFW Cook
State Streetnot disclosedPRSU 62 · DSA 38NoMeridian Compensation Partners
T. Rowe Pricenot disclosedRSU 50 · PRSU 50NoJohnson Associates
Unum Group76.4%RSU 50 · PSU 25 · CIU 25NoPay Governance LLC
Voya Financial155%PSU 55 · RSU 45Yes — Relative Total Shareholder Return (TSR)Frederic W. Cook & Co., Inc. (FW Cook)

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at PRINCIPAL FINANCIAL GROUP INC in fiscal 2025?
As disclosed, Deanna Strable-Soethout (Chair, President and Chief Executive Officer) was the highest-paid executive at PRINCIPAL FINANCIAL GROUP INC in fiscal 2025, with total compensation of $13,827,887.
How does PRINCIPAL FINANCIAL GROUP INC's chief executive pay compare to its disclosed peer group?
As disclosed, Deanna Strable-Soethout's total compensation ranked at the 15th percentile of PRINCIPAL FINANCIAL GROUP INC's disclosed peer group.
What is PRINCIPAL FINANCIAL GROUP INC's CEO-to-median employee pay ratio?
As disclosed, PRINCIPAL FINANCIAL GROUP INC's CEO-to-median employee pay ratio was 155:1.
How did shareholders vote on PRINCIPAL FINANCIAL GROUP INC's executive compensation?
As disclosed, 96.87% of shareholders supported PRINCIPAL FINANCIAL GROUP INC's executive compensation in the latest say-on-pay vote.
How much does PRINCIPAL FINANCIAL GROUP INC spend in total on board compensation for fiscal 2025?
As disclosed, PRINCIPAL FINANCIAL GROUP INC reported total board compensation of $3,650,407 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Deanna Strable-SoethoutDEF 14A2026-04-060001104659-26-039920Section “Summary compensation table”. As printed: 13,827,887. Filing ↗machine: r4 · c28 · span 1116181–1116192
2Section 01, Daniel HoustonDEF 14A2026-04-060001104659-26-039920Section “Summary compensation table”. As printed: 11,321,031. Filing ↗machine: r1 · c28 · span 1106063–1106074
3Section 01, Kamal BhatiaDEF 14A2026-04-060001104659-26-039920Section “Summary compensation table”. As printed: 7,652,051. Filing ↗machine: r10 · c28 · span 1137190–1137200
4Section 01, Christopher LittlefieldDEF 14A2026-04-060001104659-26-039920Section “Summary compensation table”. As printed: 5,883,743. Filing ↗machine: r16 · c28 · span 1158015–1158025
5Section 01, Amy FriedrichDEF 14A2026-04-060001104659-26-039920Section “Summary compensation table”. As printed: 5,223,867. Filing ↗machine: r13 · c28 · span 1147400–1147410
6Section 01, Joel PitzDEF 14A2026-04-060001104659-26-039920Section “Summary compensation table”. As printed: 2,296,876. Filing ↗machine: r7 · c28 · span 1127273–1127283
7Section 03, Christopher Littlefield RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1330412–1330420
8Section 03, Joel Pitz RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1283626–1283634
9Section 03, Daniel Houston RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r4 · c22 · span 1263018–1263024
10Section 03, Deanna Strable-Soethout RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r7 · c22 · span 1273559–1273565
11Section 03, Kamal Bhatia PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r13 · c16 · span 1293040–1293046
12Section 03, Kamal Bhatia RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r14 · c25 · span 1297321–1297326
13Section 03, Amy Friedrich RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r17 · c25 · span 1306466–1306471
14Section 03, Joel Pitz PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r9 · c16 · span 1279438–1279443
15Section 03, Amy Friedrich PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r16 · c16 · span 1302983–1302989
16Section 03, Deanna Strable-Soethout PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r6 · c16 · span 1269612–1269618
17Section 03, Joel Pitz PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1280740–1280748
18Section 03, Deanna Strable-Soethout PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1271055–1271065
19Section 03, Joel Pitz RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r10 · c22 · span 1282874–1282879
20Section 03, Daniel Houston PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t133 · r3 · c16 · span 1259740–1259746
21Section 03, Daniel Houston PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1260970–1260980
22Section 03, Daniel Houston RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1263698–1263708
23Section 03, Christopher Littlefield PSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1327020–1327030
24Section 03, Deanna Strable-Soethout RSUDEF 14A2026-04-060001104659-26-039920Section “Grants of plan-based awards for fiscal year end December 31, 2025” · grants of plan-based awards table. Filing ↗machine: span 1274410–1274420
25Section 07, pay ratioDEF 14A2026-04-060001104659-26-039920Section “CEO Pay Ratio”. As printed: 155 : 1. Filing ↗
26Section 08, Scott M. MillsDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 370,037. Filing ↗machine: span 618867–618875
27Section 08, Diane C. NordinDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 352,537. Filing ↗machine: span 625632–625640
28Section 08, Clare S. RicherDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 352,537. Filing ↗machine: span 630030–630038
29Section 08, Jocelyn Carter-MillerDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 342,537. Filing ↗machine: span 614469–614477
30Section 08, Roger C. HochschildDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 342,537. Filing ↗machine: span 616832–616840
31Section 08, Alfredo RiveraDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 315,037. Filing ↗machine: span 632065–632073
32Section 08, Claudio N. MuruzabalDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 315,037. Filing ↗machine: span 623273–623281
33Section 08, Jonathan S. AuerbachDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 315,037. Filing ↗machine: span 610050–610058
34Section 08, Mary E. Maliz BeamsDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 315,037. Filing ↗machine: span 612427–612435
35Section 08, H. Elizabeth MitchellDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 315,037. Filing ↗machine: span 621232–621240
36Section 08, Blair C. PickerellDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 315,037. Filing ↗machine: span 627671–627679
37Section 08, Daniel J. HoustonDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 0. Filing ↗
38Section 08, Deanna D. Strable-SoethoutDEF 14A2026-04-060001104659-26-039920Section “Director Compensation”. As printed: 0. Filing ↗
39Section 02, George Djurasovic 2026-04-28Form 42026-04-300001126328-26-000099Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Wee Yee Cheong 2026-04-29Form 42026-04-300001126328-26-000100Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Wee Yee Cheong 2026-04-30Form 42026-05-040001126328-26-000102Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, George Djurasovic 2026-04-30Form 42026-04-300001126328-26-000099Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Wee Yee Cheong 2026-05-01Form 42026-05-040001126328-26-000102Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Jonathan S. Auerbach 2026-05-19Form 42026-05-210001126328-26-000115Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Miller Jocelyn Carter 2026-05-19Form 42026-05-210001126328-26-000118Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Diane C. Nordin 2026-05-19Form 42026-05-210001126328-26-000120Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Blair C. Pickerell 2026-05-19Form 42026-05-210001126328-26-000122Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, H. Elizabeth Mitchell 2026-05-19Form 42026-05-210001126328-26-000121Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Scott M. Mills 2026-05-19Form 42026-05-210001126328-26-000116Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Roger C. Hochschild 2026-05-19Form 42026-05-210001126328-26-000117Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Clare S. Richer 2026-05-19Form 42026-05-210001126328-26-000123Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Alfredo Rivera 2026-05-19Form 42026-05-210001126328-26-000124Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Mary E. Maliz Beams 2026-05-19Form 42026-05-210001126328-26-000125Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Claudio N. Muruzabal 2026-05-19Form 42026-05-210001126328-26-000119Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Wee Yee Cheong 2026-05-20Form 42026-05-220001126328-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Wee Yee Cheong 2026-05-21Form 42026-05-220001126328-26-000127Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Roger C. Hochschild 2026-06-05Form 42026-06-090001126328-26-000131Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Scott M. Mills 2026-06-05Form 42026-06-090001126328-26-000130Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Timothy W. Brown 2026-06-08Form 42026-06-090001126328-26-000135Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Deanna D. Strable-Soethout 2026-06-11Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Deanna D. Strable-Soethout 2026-06-11Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Deanna D. Strable-Soethout 2026-06-11Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Deanna D. Strable-Soethout 2026-06-11Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Deanna D. Strable-Soethout 2026-06-11Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Deanna D. Strable-Soethout 2026-06-12Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Deanna D. Strable-Soethout 2026-06-12Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Deanna D. Strable-Soethout 2026-06-12Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Deanna D. Strable-Soethout 2026-06-12Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Deanna D. Strable-Soethout 2026-06-12Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Deanna D. Strable-Soethout 2026-06-12Form 42026-06-150001126328-26-000137Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Claudio N. Muruzabal 2026-06-26Form 42026-06-300001126328-26-000172Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, H. Elizabeth Mitchell 2026-06-26Form 42026-06-300001126328-26-000177Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Roger C. Hochschild 2026-06-26Form 42026-06-300001126328-26-000170Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Roger C. Hochschild 2026-06-26Form 42026-06-300001126328-26-000170Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Scott M. Mills 2026-06-26Form 42026-06-300001126328-26-000171Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Blair C. Pickerell 2026-06-26Form 42026-06-300001126328-26-000174Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Alfredo Rivera 2026-06-26Form 42026-06-300001126328-26-000176Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Alfredo Rivera 2026-06-26Form 42026-06-300001126328-26-000176Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Kenneth A. McCullum 2026-06-26Form 42026-06-300001126328-26-000147Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Deanna D. Strable-Soethout 2026-06-26Form 42026-06-300001126328-26-000148Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Vivek Agrawal 2026-06-26Form 42026-06-300001126328-26-000149Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Wee Yee Cheong 2026-06-26Form 42026-06-300001126328-26-000150Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Kathleen B. Kay 2026-06-26Form 42026-06-300001126328-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Christopher Littlefield 2026-06-26Form 42026-06-300001126328-26-000153Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Kamal Bhatia 2026-06-26Form 42026-06-300001126328-26-000154Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Joel Pitz 2026-06-26Form 42026-06-300001126328-26-000155Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Jonathan S. Auerbach 2026-06-26Form 42026-06-300001126328-26-000167Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Mary E. Maliz Beams 2026-06-26Form 42026-06-300001126328-26-000168Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Miller Jocelyn Carter 2026-06-26Form 42026-06-300001126328-26-000169Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Deanna D. Strable-Soethout 2026-06-26Form 42026-06-300001126328-26-000148Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Amy Friedrich 2026-06-26Form 42026-06-300001126328-26-000151Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Scott M. Mills 2026-06-26Form 42026-06-300001126328-26-000171Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Clare S. Richer 2026-06-26Form 42026-06-300001126328-26-000175Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Joel Pitz 2026-06-26Form 42026-06-300001126328-26-000155Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Diane C. Nordin 2026-06-26Form 42026-06-300001126328-26-000173Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Amy Friedrich 2026-08-07Form 42026-08-110001126328-26-000180Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, Amy Friedrich 2026-08-07Form 42026-08-110001126328-26-000180Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Amy Friedrich 2026-08-07Form 42026-08-110001126328-26-000180Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Amy Friedrich 2026-08-07Form 42026-08-110001126328-26-000180Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Amy Friedrich 2026-08-07Form 42026-08-110001126328-26-000180Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Deanna D. Strable-Soethout 2026-09-03Form 42026-09-080001126328-26-000182Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Deanna D. Strable-Soethout 2026-09-03Form 42026-09-080001126328-26-000182Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Deanna D. Strable-Soethout 2026-09-03Form 42026-09-080001126328-26-000182Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Deanna D. Strable-Soethout 2026-09-03Form 42026-09-080001126328-26-000182Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Deanna D. Strable-Soethout 2026-09-03Form 42026-09-080001126328-26-000182Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Deanna D. Strable-Soethout 2026-09-03Form 42026-09-080001126328-26-000182Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Deanna D. Strable-Soethout 2026-09-03Form 42026-09-080001126328-26-000182Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Roger C. Hochschild 2026-09-25Form 42026-09-290001126328-26-000186Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Joel Pitz 2026-09-25Form 42026-09-290001126328-26-000196Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, Joel Pitz 2026-09-25Form 42026-09-290001126328-26-000196Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Alfredo Rivera 2026-09-25Form 42026-09-290001126328-26-000208Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, H. Elizabeth Mitchell 2026-09-25Form 42026-09-290001126328-26-000214Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Vivek Agrawal 2026-09-25Form 42026-09-290001126328-26-000206Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Jonathan S. Auerbach 2026-09-25Form 42026-09-290001126328-26-000224Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Alfredo Rivera 2026-09-25Form 42026-09-290001126328-26-000208Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Scott M. Mills 2026-09-25Form 42026-09-290001126328-26-000188Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Scott M. Mills 2026-09-25Form 42026-09-290001126328-26-000188Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Christopher Littlefield 2026-09-25Form 42026-09-290001126328-26-000200Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Roger C. Hochschild 2026-09-25Form 42026-09-290001126328-26-000186Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Claudio N. Muruzabal 2026-09-25Form 42026-09-290001126328-26-000222Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Deanna D. Strable-Soethout 2026-09-25Form 42026-09-290001126328-26-000184Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Deanna D. Strable-Soethout 2026-09-25Form 42026-09-290001126328-26-000184Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Mary E. Maliz Beams 2026-09-25Form 42026-09-290001126328-26-000223Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Diane C. Nordin 2026-09-25Form 42026-09-290001126328-26-000221Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, Blair C. Pickerell 2026-09-25Form 42026-09-290001126328-26-000216Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, Clare S. Richer 2026-09-25Form 42026-09-290001126328-26-000215Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, Miller Jocelyn Carter 2026-09-25Form 42026-09-290001126328-26-000213Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, Timothy W. Brown 2026-09-25Form 42026-09-290001126328-26-000207Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, Wee Yee Cheong 2026-09-25Form 42026-09-290001126328-26-000202Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, Kenneth A. McCullum 2026-09-25Form 42026-09-290001126328-26-000198Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, Kamal Bhatia 2026-09-25Form 42026-09-290001126328-26-000194Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, Kathleen B. Kay 2026-09-25Form 42026-09-290001126328-26-000192Insider equity transaction reported since the proxy statement. Filing ↗
133Section 02, Amy Friedrich 2026-09-25Form 42026-09-290001126328-26-000190Insider equity transaction reported since the proxy statement. Filing ↗
134Section 06, 2026 voteForm 8-K2026-05-200001104659-26-064476Item 5.07 · say-on-pay result. As reported: 96.87% (votes for as printed: 143,995,731). Filing ↗
135Section 06, 2025 voteForm 8-K2025-05-220001104659-25-051988Item 5.07 · say-on-pay result. As reported: 94.86% (votes for as printed: 142,675,128). Filing ↗
136Section 06, 2024 voteForm 8-K2024-05-230001104659-24-064682Item 5.07 · say-on-pay result. As reported: 95.71% (votes for as printed: 144,597,913). Filing ↗
137Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
138Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
139Section 09b board cost (computed)Computed——Cash 1,450,000 + equity 2,200,407 + all other 0 = 3,650,407, summed across the director compensation table rows.machine: formula: Σ = 3,650,407
140Bank of New York Mellon, Section 10b CEO totalDEF 14A2026-03-050001193125-26-092500CEO total compensation as printed in Bank of New York Mellon's own proxy. As printed: 83,472,970. Filing ↗machine: t239 · r3 · c34 · span 1121523–1121533
141Ameriprise Financial, Section 10b CEO totalDEF 14A2026-03-200001104659-26-032725CEO total compensation as printed in Ameriprise Financial's own proxy. As printed: 30,828,468. Filing ↗machine: r10 · c16 · span 1368799–1368809
142Lincoln National, Section 10b CEO totalDEF 14A2026-04-160001193125-26-157983CEO total compensation as printed in Lincoln National's own proxy. As printed: 27,991,242. Filing ↗machine: r6 · c33 · span 1209415–1209425
143MetLife, Section 10b CEO totalDEF 14A2026-04-290001099219-26-000026CEO total compensation as printed in MetLife's own proxy. As printed: 22,364,273. Filing ↗machine: r2 · c8 · span 3558353–3558363
144State Street, Section 10b CEO totalDEF 14A2026-04-080001140361-26-013817CEO total compensation as printed in State Street's own proxy. As printed: 19,529,070. Filing ↗machine: r2 · c25 · span 1621757–1621768
145Unum Group, Section 10b CEO totalDEF 14A2026-04-090000005513-26-000026CEO total compensation as printed in Unum Group's own proxy. As printed: 19,417,476. Filing ↗machine: t159 · r4 · c20 · span 1212953–1212963
146Equitable Holdings, Section 10b CEO totalDEF 14A2026-08-100001193125-26-341149CEO total compensation as printed in Equitable Holdings's own proxy. As printed: 18,001,113. Filing ↗machine: r4 · c39 · span 896584–896594
147T. Rowe Price, Section 10b CEO totalDEF 14A2026-03-170001104659-26-028876CEO total compensation as printed in T. Rowe Price's own proxy. As printed: 17,245,792. Filing ↗machine: span 1474238–1474248
148Franklin Resources, Section 10b CEO totalDEF 14A2025-12-220001140361-25-046314CEO total compensation as printed in Franklin Resources's own proxy. As printed: 16,844,816. Filing ↗machine: r8 · c22 · span 1261002–1261012
149Affiliated Managers Group, Section 10b CEO totalDEF 14A2026-04-170001628280-26-025798CEO total compensation as printed in Affiliated Managers Group's own proxy. As printed: 16,311,950. Filing ↗machine: span 1521708–1521718
150Invesco, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140019CEO total compensation as printed in Invesco's own proxy. As printed: 16,299,849. Filing ↗machine: t223 · r2 · c27 · span 1030655–1030665
151PRINCIPAL FINANCIAL GROUP INC (subject), Section 10b CEO totalDEF 14A2026-04-060001104659-26-039920CEO total compensation as printed in PRINCIPAL FINANCIAL GROUP INC's own proxy. As printed: 13,827,887. Filing ↗machine: r4 · c28 · span 1116181–1116192
152Voya Financial, Section 10b CEO totalDEF 14A2026-04-100001535929-26-000061CEO total compensation as printed in Voya Financial's own proxy. As printed: 12,593,676. Filing ↗machine: t112 · r4 · c18 · span 1622260–1622270
153Prudential Financial, Section 10b CEO totalDEF 14A2026-03-260001104659-26-035162CEO total compensation as printed in Prudential Financial's own proxy. As printed: 11,408,423. Filing ↗machine: r1 · c47 · span 1578749–1578759
154Section 10a, Prudential Financial reciprocityDEF 14A—0001104659-26-035162Prudential Financial names PRINCIPAL FINANCIAL GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
155Section 10a, Lincoln National reciprocityDEF 14A—0001193125-26-157983Lincoln National names PRINCIPAL FINANCIAL GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
156Section 10a, Franklin Resources reciprocityDEF 14A—0001140361-25-046314Franklin Resources's most recent proxy was read; its disclosed peer group does not include PRINCIPAL FINANCIAL GROUP INC. Filing ↗
157Section 10a, Ameriprise Financial reciprocityDEF 14A—0001104659-26-032725Ameriprise Financial names PRINCIPAL FINANCIAL GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
158Section 10a, Unum Group reciprocityDEF 14A—0000005513-26-000026Unum Group names PRINCIPAL FINANCIAL GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
159Section 10a, Voya Financial reciprocityDEF 14A—0001535929-26-000061Voya Financial names PRINCIPAL FINANCIAL GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗
160Section 10a, Bank of New York Mellon reciprocityDEF 14A—0001193125-26-092500Bank of New York Mellon's most recent proxy was read; its disclosed peer group does not include PRINCIPAL FINANCIAL GROUP INC. Filing ↗
161Section 10a, Invesco reciprocityDEF 14A—0001193125-26-140019Invesco's most recent proxy was read; its disclosed peer group does not include PRINCIPAL FINANCIAL GROUP INC. Filing ↗
162Section 10a, T. Rowe Price reciprocityDEF 14A—0001104659-26-028876T. Rowe Price's most recent proxy was read; its disclosed peer group does not include PRINCIPAL FINANCIAL GROUP INC. Filing ↗
163Section 10a, Affiliated Managers Group reciprocityDEF 14A—0001628280-26-025798Affiliated Managers Group's most recent proxy was read; its disclosed peer group does not include PRINCIPAL FINANCIAL GROUP INC. Filing ↗
164Section 10a, Equitable Holdings reciprocityDEF 14A—0001193125-26-341149Equitable Holdings names PRINCIPAL FINANCIAL GROUP INC in its own disclosed peer group (read from its most recent proxy). Filing ↗

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