WILLIAM S. DEMCHAK - 27 Sep 2024 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Signature
Laura Gleason, Attorney-in-Fact for William S. Demchak
Issuer symbol
PNC
Transactions as of
27 Sep 2024
Transactions value $
-$228,205
Form type
4
Filing time
30 Sep 2024, 17:00:30 UTC
Previous filing
23 Sep 2024
Next filing
07 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNC $5 Par Common Stock Sale -$228,205 -1,242 -0.23% $183.74 549,733 27 Sep 2024 Direct F1
holding PNC $5 Par Common Stock 2,666 27 Sep 2024 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2024.