Feldstein Andrew T 4

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.