Gregory H. Kozich - 13 Feb 2023 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Role: Controller
Signature: Laura Gleason, Attorney-in-Fact for Gregory H. Kozich
Issuer symbol: PNC
Transactions as of: 13 Feb 2023
Net transactions value: +$79,363
Form type: 4
Filing time: 15 Feb 2023, 14:39:01 UTC
Previous filing: 14 Feb 2023
Next filing: 13 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PNC	$5 Par Common Stock	Award	$107,535	+668	+5.1%	$160.98	13,851	13 Feb 2023	Direct	F1
transaction	PNC	$5 Par Common Stock	Tax liability	$28,172	-175	-1.3%	$160.98	13,676	13 Feb 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, 668 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.

Content

On February 13, 2023, 668 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.

Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2020 RSUs.