Thomas Michael Duane 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
PNC EVP Thomas Michael Duane Sells 1,500 Shares
What Happened
Thomas Michael Duane, an Executive Vice President at PNC Financial Services Group (PNC), sold 1,500 shares in an open-market transaction on June 12, 2026. The reported weighted-average sale price was $238.14 per share, resulting in proceeds of approximately $357,205. This transaction is a sale (S), which is often routine insider selling and does not by itself indicate the insider's view of the company.
Key Details
- Transaction date: 2026-06-12 (open-market sale)
- Price: weighted average $238.14 per share (range reported $238.09–$238.19) — reporting person can provide per-price breakdown on request (Footnote F1)
- Shares sold: 1,500; Gross proceeds ≈ $357,205
- Shares owned after transaction: not specified in the provided excerpt (Footnote F2 notes inclusion of 30 shares acquired under PNC's Employee Stock Purchase Plan that were exempt from reporting)
- Filing date: 2026-06-16 — filing appears timely for the 2026-06-12 transaction (not marked late)
Context
- This was a straight sale of common stock in the open market (code S). Sales are common among executives for liquidity, tax or diversification reasons; they are not inherently a negative signal.
- Footnote F1 clarifies the reported price is a weighted average across multiple trades and the filer will provide a per-trade price breakdown upon request. Footnote F2 indicates 30 shares from the Employee Stock Purchase Plan were acquired in transactions exempt from reporting.
Insider Transaction Report
Form 4
Thomas Michael Duane
Executive Vice President
Transactions
- Sale
$5 Par Common Stock
[F1][F2]2026-06-12$238.14/sh−1,500$357,205→ 5,059 total
Footnotes (2)
- [F1]Represents the weighted average price of shares sold in multiple transactions with prices ranging from $238.09 to $238.19. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, The PNC Financial Services Group, Inc. ("PNC") or any security holder of PNC, upon request, full information regarding the number of shares sold at each separate price.
- [F2]Includes an aggregate of 30 shares acquired by the reporting person under the PNC Employee Stock Purchase Plan in transactions exempted from reporting under Rule 16a-11.
Signature
Laura Gleason, Attorney-in-Fact for Michael D. Thomas|2026-06-16