Michael P. Lyons - 10 Feb 2023 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Feb 2023, 20:55:58 UTC
Prior SEC filing
25 Aug 2022
Next SEC filing
15 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Laura Gleason, Attorney-in-Fact for Michael P. Lyons
Filing notes and source

Key filing fact

Michael P. Lyons filed Form 4 for PNC FINANCIAL SERVICES GROUP, INC. (PNC) on 14 Feb 2023.

Key facts

  • This page summarizes Michael P. Lyons's Form 4 filing for PNC FINANCIAL SERVICES GROUP, INC. (PNC).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 14 Feb 2023, 20:55.

Change

  • Previous filing in this sequence was filed on 25 Aug 2022.
  • Current net transaction value: +$910,469.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PNC transaction

$5 Par Common Stock

Award

Transaction value
$665,723
Shares
+4,178
Change %
+2.4%
Price
$159.34
Shares after
178,846
Date
10 Feb 2023
Ownership
Direct
Footnotes
F1, F2
PNC transaction

$5 Par Common Stock

Tax liability

Transaction value
$206,983
Shares
-1,299
Change %
-0.73%
Price
$159.34
Shares after
177,547
Date
10 Feb 2023
Ownership
Direct
Footnotes
F3
PNC transaction

$5 Par Common Stock

Award

Transaction value
$736,788
Shares
+4,624
Change %
+2.6%
Price
$159.34
Shares after
182,171
Date
11 Feb 2023
Ownership
Direct
Footnotes
F4
PNC transaction

$5 Par Common Stock

Tax liability

Transaction value
$285,059
Shares
-1,789
Change %
-0.98%
Price
$159.34
Shares after
180,382
Date
11 Feb 2023
Ownership
Direct
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

On February 10, 2023, 4,178 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.

Footnote F2

Includes an aggregate of 17 shares acquired by the reporting person under the PNC Employee Stock Purchase Plan.

Footnote F3

Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2022 RSUs.

Footnote F4

On February 11, 2023, 4,624 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 11, 2021 (the "2021 RSUs"), following approval by the Committee of a payout of 100% based on the satisfaction of the reporting persons service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2021 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.

Footnote F5

Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2021 RSUs.

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