Bynum Richard Kevin 4

What Happened

• Richard K. Bynum, Executive Vice President of PNC Financial Services Group, sold a total of 7,407 shares in open-market transactions on Feb 17, 2026, generating about $1,710,847 in proceeds (6,407 shares @ $230.95 and 1,000 shares @ $231.15).
• In the days prior, a total of 1,514 restricted stock units (RSUs) vested (440 on Feb 14, 602 on Feb 16, and 472 on Feb 16) as 100% payouts following Committee approval; 422 of those shares were withheld to cover tax liabilities.

Key Details

• Transaction dates & prices: Feb 14 (vested RSUs), Feb 16 (vested RSUs), Feb 17 (open-market sales at $230.95 and $231.15).
• Shares vested (awarded): 1,514 total (2025, 2024, 2023 RSU awards).
• Shares withheld for taxes: 422 shares (withholdings equaled $96,773 in gross value based on stipulated per-share amounts).
• Open-market sale proceeds: $1,710,847 (6,407 shares = $1,479,697; 1,000 shares = $231,150).
• Footnotes indicate RSU payouts were approved at 100% based on service and risk-based performance criteria; RSUs pay out in shares and accrued dividend equivalents were paid in cash.
• Shares owned after the transactions are not provided in the supplied filing excerpt.
• No late filing is indicated in the information you provided.

Context

• Code meanings: A = award/grant/vesting of RSUs; F = shares withheld to cover tax liability; S = sale (open market).
• These transactions show routine executive compensation vesting (RSUs) followed by tax-withholding and open-market selling. Such sales often reflect compensation liquidity needs or routine portfolio management rather than a direct signal of company outlook; the filing is factual and does not state the insider's motivations.