Daniel Hesse - Apr 24, 2024 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Role
Director
Signature
Laura Gleason, Attorney-in-Fact for Daniel R. Hesse
Stock symbol
PNC
Transactions as of
Apr 24, 2024
Transactions value $
$0
Form type
4
Date filed
4/26/2024, 03:49 PM
Previous filing
Apr 3, 2024
Next filing
May 13, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PNC Deferred Stock Unit Award $0 +1.08K +12.31% $0.00 9.81K Apr 24, 2024 $5 Par Common Stock 1.08K Direct F1
holding PNC Phantom Stock Unit 3.61K Apr 24, 2024 $5 Par Common Stock 3.61K Deferred Compensation Plan F2
holding PNC Phantom Stock Unit 1.97K Apr 24, 2024 $5 Par Common Stock 1.97K Deferred Stock Unit Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred stock units ("DSU") granted pursuant to the PNC Directors Deferred Stock Unit Program (the "Program") under PNC's 2016 Incentive Award Plan. Each DSU represents the right to receive at retirement one share of The PNC Financial Services Group, Inc. ("PNC") common stock, or in limited circumstances cash equal to the fair market value of one share of PNC common stock on the payment determination date, pursuant to the terms of the Program.
F2 One phantom stock unit is the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") common stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.