HARSHMAN RICHARD J 4

What Happened
Richard J. Harshman, a director of The PNC Financial Services Group, Inc. (PNC), was granted 844 deferred stock units (DSUs) on April 22, 2026. The units were reported as a derivative award (transaction code A) at a price of $0.00 — standard for compensated equity awards. These DSUs represent a future right to receive one share of PNC common stock at retirement (or, in limited circumstances, cash).

Key Details

• Transaction date: 2026-04-22; Form 4 filed: 2026-04-24 (filed within the usual 2-business-day window).
• Grant details: 844 deferred stock units (derivative grant), reported at $0.00 per unit.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: DSUs were granted under PNC’s Directors Deferred Stock Unit Program; typically convert to one share per unit at retirement or, in limited cases, cash equal to fair market value.
  • F2: Phantom stock units (if applicable) are cash-settled equivalents of one share and generally do not expire.
• Transaction type: Award/Grant (A) — not an open-market purchase or sale.

Context
DSU grants are deferred compensation for directors and do not represent immediate open-market buying or selling. They create a future economic interest in company stock (or cash), and therefore are routine director compensation rather than direct signals of insider buying or selling.