Deborah Guild 4
Research Summary
AI-generated summary
PNC EVP Deborah Guild Receives RSU Awards; Shares Withheld
What Happened
- Deborah Guild, Executive Vice President of PNC Financial Services Group (PNC), had a total of 5,435 restricted stock units (RSUs) vest on Feb 14 and Feb 16, 2026. The vesting converted to 5,435 shares of PNC common stock. To satisfy tax withholding, 2,233 shares were withheld (disposed) at $229.32 per share, generating cash withholding of $512,072. Net shares issued to Guild after withholding: 3,202 shares.
- These were awards vesting (transaction code A) with shares withheld for taxes (transaction code F) — not open-market sales.
Key Details
- Transaction dates and amounts:
- Feb 14, 2026: 2,063 RSUs vested; 848 shares withheld for taxes at $229.32 ($194,463).
- Feb 16, 2026: 1,792 RSUs vested; 736 shares withheld for taxes at $229.32 ($168,780).
- Feb 16, 2026: 1,580 RSUs vested; 649 shares withheld for taxes at $229.32 ($148,829).
- Totals: 5,435 shares vested; 2,233 shares withheld; total cash withheld ≈ $512,072; net issued = 3,202 shares.
- Footnotes: Vesting reflected 100% payout based on satisfaction of service requirements and achievement against the award’s risk‑based performance criteria for the 2023, 2024 and 2025 RSU grants. RSU awards pay out in shares; accrued dividend equivalents are paid in cash.
- Shares owned after the transaction: Not disclosed in this filing.
- Filing: Report filed Feb 18, 2026. The filing does not indicate a late-report designation.
Context
- This was vesting of restricted stock units with shares withheld to cover tax liability (a routine, non‑market sale action). The "disposed" entries are tax withholding; they do not necessarily reflect a directional insider trade signal.