Principal Financial Group Amends Tompkins Financial Stake

TL;DR

**Principal Financial Group updated its Tompkins Financial stock ownership, signaling a potential shift in institutional interest.**

AI Summary

Principal Financial Group Inc. filed an amended SC 13G/A on February 12, 2024, indicating their ownership of Tompkins Financial Corporation's common stock as of December 31, 2023. This filing, Amendment No. 2, updates their previous disclosures regarding their stake in Tompkins Financial. This matters to investors because it provides transparency into institutional ownership changes, which can influence stock price and market sentiment for Tompkins Financial.

Why It Matters

Changes in institutional ownership can signal shifts in confidence or strategy, potentially impacting Tompkins Financial's stock valuation and investor perception.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not indicate any immediate or significant risk to the company or its investors.

Analyst Insight

Investors should monitor future SC 13G/A filings from Principal Financial Group to track any significant changes in their ownership percentage of Tompkins Financial Corporation, as large institutional buying or selling can influence stock performance.

Key Players & Entities

• Principal Financial Group Inc. (company) — the entity filing the SC 13G/A
• Tompkins Financial Corporation (company) — the issuer whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 12, 2024 (date) — the filing date of the SC 13G/A

FAQ

Key Financial Figures

• $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie

Filing Documents

• a13gatompkinsfinancialcorp.htm (SC 13G/A) — 59KB
• 0001126328-24-000054.txt ( ) — 60KB

If this statement is filed pursuant to Rule 13D-1(b) or 13D-2(b) or (c), check whether the person filing is a

Item 3. If this statement is filed pursuant to Rule 13D-1(b) or 13D-2(b) or (c), check whether the person filing is a (f) x An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)

Ownership

Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned Delaware Charter Guarantee Trust Company dba Principal Trust Company (the Trustee), in its capacity as the Directed Trustee of the Tompkins Financial Corporation Employee Stock Ownership Plan and Tompkins Retirement Savings Plan (the Plans), may be deemed, as of December 31, 2023, the beneficial owner of 766,558 shares, in the aggregate, of the Issuer's common stock which are owned by the Plans on behalf of numerous participants. The securities reported include all shares held of record by the Trustee. The Trustee follows the directions of the investment fiduciary named in the Plans, or other parties designated in the respective Plan's trust agreement, with respect to voting and disposition of shares. The Trustee, however, is subject to certain fiduciary duties under ERISA as limited in the trust agreements. The Trustee disclaims beneficial ownership of the shares of common stock that are the subject of this schedule 13G. (b) Percent of class The 766,558 shares of common stock represent 5.29% of the Issuer's outstanding shares of common stock. The percent of class is based on shares outstanding as of December 31, 2023, as provided by the Issuer. CUSIP No. 890110109 13GA Page 4 of 5 (c) Number of shares as to which such person has (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 766,558 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 766,558

Ownership of Five Percent or Less of Class

Item 5. Ownership of Five Percent or Less of Class Not Applicable

Ownership of More Than Five Percent on Behalf of Another Person

Item 6. Ownership of More Than Five Percent on Behalf of Another Person Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not Applicable

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group Not Applicable

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not Applicable

Certification

Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of having or influencing the control of the issuer of the securities and are not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. CUSIP No. 890110109 13GA Page 5 of 5 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Delaware Charter Guarantee Trust Company As Directed Trustee s Christopher Taylor Christopher Taylor COO February 12, 2024

View Full Filing

View this SC 13G/A filing on SEC EDGAR