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PNC FINANCIAL SERVICES GROUP, INC.·4

Jul 6, 2:19 PM ET

NIBLOCK ROBERT A 4

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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.