NIBLOCK ROBERT A 4
4 · PNC FINANCIAL SERVICES GROUP, INC. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
PNC Director Robert A. Niblock Receives 102 Phantom Stock Units
What Happened
Robert A. Niblock, a director of PNC Financial Services Group, was awarded 102 phantom stock units on July 1, 2026. The units are reported at $251.62 each, for a total reported value of $25,665. The transaction is coded as an award/grant (A) and is reported as a derivative holding.
Key Details
- Transaction date: 2026-07-01; Report filed: 2026-07-06.
- Grant: 102 phantom stock units at $251.62 per unit; total reported value $25,665.
- Transaction type: Award/Grant (derivative).
- Shares/securities owned after the transaction: Not disclosed in this filing.
- Relevant footnotes: The units are phantom stock units/Deferred Stock Units (DSUs) that are the economic equivalent of one share of PNC common stock and are generally settled in cash upon distribution (see footnotes F1 and F3). Footnotes F2 and F4 note dividend-equivalent DSUs acquired in exempt transactions since the last Form 4 filing.
Context
This was a director compensation grant (not an open-market purchase or sale). Phantom stock units/DSUs are derivative awards that typically pay out in cash (or, in limited cases, shares) at distribution or retirement and do not necessarily reflect an immediate buy or sell signal. The filing shows the grant details but does not disclose post-transaction total share ownership.
Insider Transaction Report
- Award
Phantom Stock Unit
[F1][F2]2026-07-01$251.62/sh+102$25,665→ 2,011 total(indirect: Deferred Compensation Plan)→ $5 Par Common Stock (102 underlying)
- 5,736
Deferred Stock Unit
[F3][F4]→ $5 Par Common Stock (5,736 underlying)
Footnotes (4)
- [F1]One phantom stock unit is the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") common stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.
- [F2]Includes phantom stock units acquired by the reporting person as dividend equivalents under the PNC Deferred Compensation Plan in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4.
- [F3]Deferred stock units ("DSUs") granted pursuant to the PNC Directors Deferred Stock Unit Program (the "Program") under PNC's equity incentive plan. Each DSU represents the right to receive at retirement one share of PNC common stock, or in limited circumstances cash equal to the fair market value of one share of PNC common stock on the payment determination date, pursuant to the terms of the Program.
- [F4]Includes DSUs acquired by the reporting person as dividend equivalents under the Program in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4.