STRABLE-SOETHOUT DEANNA D

Insider trading profile for STRABLE-SOETHOUT DEANNA D across Principal Financial Group Inc (PFG, primary), Elvance Health (ELV), Healthextras (HLEX), and Alkami Technology (ALKT) -- 207 total transactions. PFG (201 tx): Pattern is dominated by PFG from 2015-03-27 to 2026-06-12. The transaction mix: M-code (market/derivative vesting) events at $37.38 exercise price on multiple dates (2025-12-24: 20,715 shares; 2025-12-19: 500 shares; 2025-12-23: 200 shares; 2026-06-11/12: 29,708 shares total). D-code (dividend-reinvestment or similar) events at $90-$111 range (2025-12-24: 20,715 at $90.05; 2026-06-12: 26,445 at $110.48; 2026-06-11: 19,767 at $110.06; 2025-12-23: 200 at $90). A-code (acquisition) events at $37.38 exercise (2026-06-12: 16,825 + 13,883; 2025-12-24: 20,715; 2026-06-11: 2,942 + 16,825). S-code (open-market sell) events: 2026-01-22 (8,025 at $92.56), 2026-01-08 (300 at $92.50). Interpretation: The M-code + A-code events at $37.38 are option exercises; the D-code at $90-$111 represents dividend-equivalent or similar transactions. The S-code sells at $92.50-$92.56 in January 2026 represent profit-taking on shares acquired at $37.38 exercise -- a 2.5x gain. The December 2025 cluster (M+A+D codes at $37.38/$90) represents a major vesting event followed by partial conversion. ELV: 5 transactions 2022-2026, all A-code acquisitions (2026-05-13: 563 shares, etc.). ALKT: 1 transaction 2022 (11,357 A-code). HLEX: 1 transaction 2004 (100-share buy). Bearish read on PFG: The January 2026 S-code sells at $92.50-$92.56 (8,325 shares total) represent meaningful profit-taking on a position established at $37.38 exercise. This is a senior insider liquidating appreciated PFG equity. The D-code events at $110.48 (June 2026) suggest the stock has drifted higher since January. The pattern of exercising options at $37.38 and selling at $92-$110 captures a 2.5x-3x gain, consistent with an insider taking risk off the table. PFG stock (financial services/insurance) has performed well; this insider's actions suggest they view current levels as attractive for monetization. Net: bearish on PFG -- profit-taking by a long-tenured insider at 2.5x-3x gains on option exercises is a mild negative signal.