PNC Financial Services Group: director Andrew T Feldstein received 176 shares

What happened

• Andrew T Feldstein, a director, received 176 derivative units (reported as a grant/award) at $220.75 per unit on Oct 1, 2026, for a total reported value of $38,852. The filing classifies the transaction as a derivative grant.

Key details

• Transaction date and price: Oct 1, 2026 — 176 units at $220.75 per unit.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: one phantom stock unit equals one share and phantom stock units will be settled in cash upon distribution.
  • F2–F3: include phantom stock units acquired as dividend equivalents under PNC deferred compensation plans in transactions exempt from reporting.
  • F4: deferred stock units (DSUs) under the directors deferred stock unit program represent the right to receive at retirement one share or, in limited circumstances, cash.
  • F5: includes DSUs acquired as dividend equivalents in transactions exempt from reporting.
• Filing timeliness: not indicated as late in the provided excerpt.

Why it may matter

• The filing shows a derivative award (phantom stock units or DSUs) that, per the footnotes, will be settled in cash or converted to stock under plan terms rather than an open-market purchase or sale. A filing does not show why the insider traded or why the company acted.