HANNON MICHAEL J 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Feb 21, 2024
Insider Transaction Report
Form 4
HANNON MICHAEL J
EVP and Chief Risk Officer
Transactions
- Tax Payment
$5 Par Common Stock
2024-02-16$148.85/sh−350$52,098→ 39,213 total - Award
$5 Par Common Stock
2024-02-16$148.85/sh+1,339$199,310→ 39,563 total - Tax Payment
$5 Par Common Stock
2024-02-16$148.85/sh−708$105,386→ 38,224 total - Award
$5 Par Common Stock
2024-02-16$148.85/sh+2,362$351,584→ 38,932 total
Holdings
- 10,000(indirect: by 2023 GRAT)
$5 Par Common Stock
- 151(indirect: By Spouse)
$5 Par Common Stock
Footnotes (4)
- [F1]On February 16, 2024, 2,362 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of performance share units granted to the reporting person on February 11, 2021 (the "2021 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 105.56% based on achievement against performance criteria established under the award. Pursuant to the award, the 2021 PSUs 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 2021 PSUs.
- [F3]On February 16, 2024, 1,339 shares of PNC common stock vested pursuant to an award of restricted share units granted to the reporting person in the first quarter of 2023 (the "2023 RSUs"), based on 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.
- [F4]Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2023 RSUs.