Deborah Guild - Feb 13, 2023 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 13, 2023
Transactions value $
$192,371
Form type
4
Date filed
2/15/2023, 02:34 PM
Previous filing
Feb 14, 2023
Next filing
Apr 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNC $5 Par Common Stock Award $269K +1.67K +7.71% $160.98 23.4K Feb 13, 2023 Direct F1
transaction PNC $5 Par Common Stock Tax liability -$76.8K -477 -2.04% $160.98 22.9K Feb 13, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 13, 2023, 1,672 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of restricted share units granted to the reporting person in the first quarter of 2020 (the "2020 RSUs"), based on achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2020 RSUs 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 2020 RSUs.