PNC FINANCIAL SERVICES GROUP, INC.·4

Jun 16, 12:14 PM ET

Thomas Michael Duane 4

Research Summary

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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.