Deborah Guild - Feb 14, 2025 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Signature
Laura Gleason, Attorney-in-Fact for Deborah Guild
Stock symbol
PNC
Transactions as of
Feb 14, 2025
Transactions value $
-$761,291
Form type
4
Date filed
2/19/2025, 06:21 PM
Previous filing
Feb 12, 2025
Next filing
Mar 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNC $5 Par Common Stock Options Exercise $0 +6.84K +30.78% $0.00 29K Feb 14, 2025 Direct F1
transaction PNC $5 Par Common Stock Tax liability -$493K -2.54K -8.75% $193.91 26.5K Feb 14, 2025 Direct F2
transaction PNC $5 Par Common Stock Options Exercise $0 +1.58K +5.96% $0.00 28.1K Feb 16, 2025 Direct F3
transaction PNC $5 Par Common Stock Tax liability -$126K -649 -2.31% $193.91 27.4K Feb 16, 2025 Direct F4
transaction PNC $5 Par Common Stock Options Exercise $0 +1.79K +6.53% $0.00 29.2K Feb 16, 2025 Direct F5
transaction PNC $5 Par Common Stock Tax liability -$143K -736 -2.52% $193.91 28.5K Feb 16, 2025 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 14, 2025, 6,835 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of performance share units granted to the reporting person on February 10, 2022 (the "2022 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 142.17% based on achievement against performance criteria established under the award. Pursuant to the award, the 2022 PSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F2 Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2022 PSUs.
F3 On February 16, 2025, 1,579 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 16, 2023 (the "2023 RSUs"), following approval by 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 2023 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F4 Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2023 RSUs.
F5 On February 16, 2025, 1,791 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 16, 2024 (the "2024 RSUs"), following approval by 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 2024 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F6 Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2024 RSUs.