WILLIAM S. DEMCHAK - 11 Oct 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
11 Oct 2024
Transactions value $
-$229,770
Form type
4
Filing time
15 Oct 2024, 14:25:52 UTC
Previous filing
07 Oct 2024
Next filing
21 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNC $5 Par Common Stock Sale -$229,770 -1,242 -0.23% $185 547,249 11 Oct 2024 Direct F1
holding PNC $5 Par Common Stock 2,666 11 Oct 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.