Karen L. Larrimer - 11 Feb 2022 Form 4 Insider Report for PNC FINANCIAL SERVICES GROUP, INC. (PNC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Feb 2022, 14:43:57 UTC
Prior SEC filing
14 Feb 2022
Next SEC filing
08 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Alicia G. Powell, Attorney-in-Fact for Karen L. Larrimer

Key filing fact

Karen L. Larrimer filed Form 4 for PNC FINANCIAL SERVICES GROUP, INC. (PNC) on 15 Feb 2022.

Key facts

  • This page summarizes Karen L. Larrimer's Form 4 filing for PNC FINANCIAL SERVICES GROUP, INC. (PNC).
  • 6 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 15 Feb 2022, 14:43.

Change

  • Previous filing in this sequence was filed on 14 Feb 2022.
  • Current net transaction value: +$823,634.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PNC transaction

$5 Par Common Stock

Award

Transaction value
$486,674
Shares
+2,347
Change %
+6.3%
Price
$207.36
Shares after
39,880
Date
11 Feb 2022
Ownership
Direct
Footnotes
F1
PNC transaction

$5 Par Common Stock

Tax liability

Transaction value
$199,895
Shares
-964
Change %
-2.4%
Price
$207.36
Shares after
38,916
Date
11 Feb 2022
Ownership
Direct
Footnotes
F2
PNC transaction

$5 Par Common Stock

Award

Transaction value
$444,995
Shares
+2,146
Change %
+5.5%
Price
$207.36
Shares after
41,062
Date
13 Feb 2022
Ownership
Direct
Footnotes
F3
PNC transaction

$5 Par Common Stock

Tax liability

Transaction value
$182,892
Shares
-882
Change %
-2.1%
Price
$207.36
Shares after
40,180
Date
13 Feb 2022
Ownership
Direct
Footnotes
F4
PNC transaction

$5 Par Common Stock

Award

Transaction value
$466,560
Shares
+2,250
Change %
+5.6%
Price
$207.36
Shares after
42,430
Date
13 Feb 2022
Ownership
Direct
Footnotes
F5
PNC transaction

$5 Par Common Stock

Tax liability

Transaction value
$191,808
Shares
-925
Change %
-2.2%
Price
$207.36
Shares after
41,505
Date
13 Feb 2022
Ownership
Direct
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

On February 11, 2022, 2,347 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 11, 2021 (the "2021 RSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 100% based on the satisfaction of service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2021 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.

Footnote F2

Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2021 RSUs.

Footnote F3

On February 13, 2022, 2,146 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 13, 2020 (the "2020 RSUs"), following approval by the Committee of a payout of 100% based on the satisfaction of service requirements and 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.

Footnote F4

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

Footnote F5

On February 13, 2022, 2,250 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 13, 2019 (the "2019 RSUs"), following approval by the Committee of a payout of 100% based on the satisfaction of service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2019 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.

Footnote F6

Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2019 RSUs.

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