Dachille Douglas A. 4

4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

PNC Director Douglas A. Dachille Receives 31-Share Award

What Happened

Douglas A. Dachille, a director of PNC Financial Services Group, received an award of 31 deferred/phantom stock units (derivative securities) on 2026-04-01.
The units were valued at $209.24 each, for a total grant value of approximately $6,486. This was recorded as an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

Transaction date and value: 2026-04-01; 31 units × $209.24 = $6,486 (derivative grant).
Security type: Phantom stock units / Deferred Stock Units (DSUs) — classified as derivative awards rather than direct common stock.
Shares owned after transaction: Not specified in the filing.
Timeliness: Filing dated 2026-04-02 (reporting the 04-01 grant) — filed within the normal Form 4 window.
Notable footnotes: F1–F4 explain that phantom stock units are economically equivalent to one share each and are generally settled in cash upon distribution; DSUs provide the right to receive one share at retirement (or cash in limited circumstances); some units include dividend equivalents that were acquired in exempt transactions after the most recent Form 4.

Context

This is a compensation award to a director under PNC’s director deferred stock unit program, not a market purchase or sale — such awards are routine forms of director pay and do not by themselves indicate insider sentiment to buy or sell stock.
Because these are derivative/phantom units, payout may be in cash or stock per plan terms and typically occurs at distribution/retirement.

Form 4

Period: 2026-04-01

Director

Transactions

Award
Phantom Stock Unit
[F1][F2]
2026-04-01$209.24/sh+31$6,486→ 221 total(indirect: Deferred Compensation Plan)
→ $5 Par Common Stock (31 underlying)

Holdings

Footnotes (4)

[F1]One phantom stock unit is the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") common stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.
[F2]Includes phantom stock units acquired by the reporting person as dividend equivalents under the PNC Deferred Compensation Plan in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4.
[F3]Deferred stock units ("DSUs") granted pursuant to the PNC Directors Deferred Stock Unit Program (the "Program") under PNC's 2016 Incentive Award Plan. Each DSU represents the right to receive at retirement one share of PNC common stock, or in limited circumstances cash equal to the fair market value of one share of PNC common stock on the payment determination date, pursuant to the terms of the Program.
[F4]Includes DSUs acquired by the reporting person as dividend equivalents under the Program in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4.

Signature

Laura Gleason, Attorney-in-Fact for Douglas A. Dachille|2026-04-02

1 file