Alexander E. C. Overstrom - 16 Feb 2025 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Role
Executive Vice President
Signature
Laura Gleason, Attorney-in-Fact for Alexander E. Overstrom
Issuer symbol
PNC
Transactions as of
16 Feb 2025
Net transactions value
-$167,344
Form type
4
Filing time
19 Feb 2025, 18:20:44 UTC
Previous filing
12 Feb 2025
Next filing
22 Apr 2025
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 Options Exercise $0 +1,146 +7.2% $0.000000 17,112 16 Feb 2025 Direct F1
transaction PNC $5 Par Common Stock Tax liability $63,409 -327 -1.9% $193.91 16,785 16 Feb 2025 Direct F2
transaction PNC $5 Par Common Stock Options Exercise $0 +1,881 +11% $0.000000 18,666 16 Feb 2025 Direct F3
transaction PNC $5 Par Common Stock Tax liability $103,936 -536 -2.9% $193.91 18,130 16 Feb 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 16, 2025, 1,146 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 16, 2023 (the "2023 RSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 100% based on the satisfaction of the reporting person's service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2023 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 2023 RSUs.
F3 On February 16, 2025, 1,881 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 16, 2024 (the "2024 RSUs"), following approval by the Committee of a payout of 100% based on the satisfaction of the reporting person's service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2024 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.
F4 Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2024 RSUs.