Stephanie Novosel - Aug 1, 2024 Form 3/A - Amendment Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Role
Executive Vice President
Signature
Laura Gleason, Attorney-in-Fact for Stephanie Novosel
Stock symbol
PNC
Transactions as of
Aug 1, 2024
Transactions value $
$0
Form type
3/A - Amendment
Date filed
12/11/2024, 02:18 PM
Date Of Original Report
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PNC $5 Par Common Stock 1.19K Aug 1, 2024 401(k) Plan F1

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
holding PNC Phantom Stock Unit Aug 1, 2024 $5 Par Common Stock 332 Supplemental Incentive Savings Plan F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents the number of shares of PNC common stock indirectly held for the account of the reporting person under The PNC Incentive Savings Plan (the "ISP"), a defined contribution 401(k) plan. Shares of PNC common stock are not directly allocated to ISP participants, but instead are held in a unitized fund (the "ISP fund"), the majority of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The percentage of assets in the ISP fund that are deemed to be invested in PNC common stock fluctuates from time to time and is not the result of volitional or discretionary actions of the reporting person. The reporting person's original Form 3 reflected the reporting person's holdings of units in the ISP fund, instead of the equivalent shares of PNC common stock represented by those units.
F2 Phantom Stock Units will be settled in cash upon distribution from the reporting person's plan account and generally do not expire.
F3 One phantom stock unit is the economic equivalent of the market value of the reporting person's PNC unitized stock fund balance, divided by the closing price of a share of PNC common stock as of the last quarterly statement date of the underlying plan account. The reporting person's original Form 3 reflected the reporting person's holdings of units in the fund, instead of the equivalent shares of PNC common stock represented by those units.