William S. Demchak - Jul 9, 2024 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Role
CEO, Director
Signature
Laura Gleason, Attorney-in-Fact for William S. Demchak
Stock symbol
PNC
Transactions as of
Jul 9, 2024
Transactions value $
-$384,640
Form type
4
Date filed
7/11/2024, 02:40 PM
Previous filing
Jul 8, 2024
Next filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNC $5 Par Common Stock Sale -$385K -2.4K -0.42% $160.00 565K Jul 9, 2024 Direct F1
holding PNC $5 Par Common Stock 2.64K Jul 9, 2024 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2024.