PNC FINANCIAL SERVICES GROUP, INC.·4

Apr 24, 11:20 AM ET

Feldstein Andrew T 4

4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Apr 24, 2026

Research Summary

AI-generated summary of this filing

Updated

PNC Director Andrew Feldstein Receives 844 Deferred Stock Units

What Happened

  • Andrew T. Feldstein, a director of The PNC Financial Services Group, Inc., was granted 844 deferred stock units (DSUs) on 2026-04-22. The award is reported as a derivative grant at $0.00 per unit (no cash paid); immediate value shown as $0 on the Form 4 because these are compensation units, not an open-market purchase.

Key Details

  • Transaction date: 2026-04-22; Form 4 filed 2026-04-24 (appears timely, within the typical 2-business-day filing window).
  • Grant: 844 DSUs; reported price $0.00; reported value $0 on the form (derivative award).
  • Shares owned after transaction: Not specified/disclosed in this filing.
  • Footnotes:
    • F1: DSUs granted under PNC’s Directors Deferred Stock Unit Program — each DSU typically converts to one share at retirement or, in limited cases, cash equal to the share fair market value on the payout date.
    • F2: Phantom stock units (if applicable) are economically equivalent to one share and are settled in cash on distribution; they generally do not expire.
  • Filing status: No late filing indicated in this report.

Context

  • This is a routine director compensation award (deferred units), not a purchase or sale. DSUs/phantom units are derivative awards that are settled later (stock or cash) and do not necessarily reflect immediate insider buying or selling activity.

Insider Transaction Report

Form 4
Period: 2026-04-22
Transactions
  • Award

    Deferred Stock Unit

    [F1]
    2026-04-22+84412,562 total
    $5 Par Common Stock (844 underlying)
Holdings
  • Phantom Stock Unit

    [F2]
    (indirect: Deferred Compensation Plan)
    $5 Par Common Stock (20,664 underlying)
    20,664
  • Phantom Stock Unit

    [F2]
    (indirect: Deferred Stock Unit Plan)
    $5 Par Common Stock (6,417 underlying)
    6,417
Footnotes (2)
  • [F1]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 The PNC Financial Services Group, Inc. ("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.
  • [F2]One phantom stock unit is the economic equivalent of one share of PNC common stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.
Signature
Laura Gleason, Attorney-in-Fact for Andrew T. Feldstein|2026-04-24

Documents

1 file
  • 4
    wk-form4_1777044055.xmlPrimary

    FORM 4