Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PNC | $5 Par Common Stock | Options Exercise | $0 | +2.06K | +1.35% | $0.00 | 154K | Feb 10, 2025 | Direct | F1, F2 |
transaction | PNC | $5 Par Common Stock | Tax liability | -$102K | -516 | -0.34% | $197.28 | 153K | Feb 10, 2025 | Direct | F3 |
holding | PNC | $5 Par Common Stock | 9.61K | Feb 10, 2025 | By 2023 GRAT | ||||||
holding | PNC | $5 Par Common Stock | 1.83K | Feb 10, 2025 | 401(k) Plan | F4 |
Id | Content |
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F1 | On February 10, 2025, 2,058 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 10, 2022 (the "2022 RSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 100% based on the satisfaction of the reporting person's service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2022 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash. |
F2 | Includes 5,387 shares of PNC common stock previously held through the GRAT that were distributed to the reporting person and are now held directly. |
F3 | Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2022 RSUs. |
F4 | This amount represents the number of shares of PNC common stock indirectly held for the account of the reporting person under The PNC Incentive Savings Plan (the "ISP"), a defined contribution 401(k) plan, and reflects shares indirectly acquired in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4. Shares of PNC common stock are not directly allocated to ISP participants, but instead are held in a unitized fund (the "ISP fund"), the majority of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The percentage of assets in the ISP fund that are deemed to be invested in PNC common stock fluctuates from time to time and is not the result of volitional or discretionary actions of the reporting person. |