Your Relationship Manager (RM) has worked with you to determine the best intraday trading time for your plan, understanding the need for flexibility to meet your plan needs.
In addition, we also support clients who have privately held stock within the plan.
Principal has created a solution to help our clients enforce trading restrictions and/or identify trades that may require reporting trade activity for Section 16 employees to the Securities Exchange Commission (SEC).
As the recordkeeper, we’re responsible for providing the share position report of each participant’s holdings. This report is shared with the transfer agent or vendor that handles the mailing and tabulation services for you. Principal needs to have advance notice of the record date for the annual meeting so we can order the report timely to meet your timing needs each year.