Feldstein Andrew T 4

What Happened
Andrew T. Feldstein, a director of PNC Financial Services Group (PNC), sold a total of 45,000 PNC shares in open-market transactions on May 26, 2026. The sales were executed in three tranches: 23,000 shares at $220.57 ($5,073,023), 18,000 shares at $220.57 ($3,970,192), and 4,000 shares at $220.57 ($882,265), for total proceeds of approximately $9,925,480. These were sales (not purchases or option exercises) and therefore are generally considered routine dispositions rather than indicators of company outlook.

Key Details

• Transaction date: May 26, 2026; Form 4 filed May 28, 2026 (timely filing within the standard two-business-day window).
• Prices and totals: 23,000 @ $220.57 = $5,073,023; 18,000 @ $220.57 = $3,970,192; 4,000 @ $220.57 = $882,265; combined ≈ $9.93M.
• Shares owned after transaction: Not disclosed in the excerpt of this filing.
• Footnotes: F1–F4 indicate reallocations among forms of indirect ownership and reclassification of shares previously reported as directly owned, owned by a revocable trust, or owned by the reporting person’s spouse/spouse’s trust. These notes relate to how ownership is reported rather than additional trades.
• No 10b5-1 plan, tax withholding, or option exercise was reported in this filing.

Context
Open-market sales by directors can be for many personal or portfolio reasons and do not by themselves signal company performance. The footnotes here primarily document adjustments to how certain shares are allocated among direct and indirect ownership categories on the reporting person’s holdings — not extra disposals. Purchases tend to be more informative about insider sentiment; this filing documents routine sales.