PNC Financial Services Group: director Robert A. Niblock received 59 shares

What happened

• Robert A. Niblock, a director, received 59 phantom stock units (reported as a derivative award) at $220.75 per unit on Oct 1, 2026, for a total reported value of $13,024.

Key details

• Transaction date and price: Oct 1, 2026; $220.75 per unit; transaction code A (award/grant/acquisition); derivative securities.
• Shares owned after the transaction: not reported in this filing.
• Relevant footnotes from the filing:
  • F1: One phantom stock unit is the economic equivalent of one share of PNC common stock; phantom stock units will be settled in cash upon distribution and generally do not expire.
  • F2: Includes phantom stock units acquired as dividend equivalents under the PNC Deferred Compensation Plan in transactions exempt from reporting after the most recent Form 4.
  • F3: Deferred stock units (DSUs) granted under the PNC Directors Deferred Stock Unit Program; each DSU represents the right to receive at retirement one share or, in limited circumstances, cash equal to the fair market value on the payment date.
  • F4: Includes DSUs acquired as dividend equivalents under the Program in transactions exempt from reporting after the most recent Form 4.
• Filing date and timeliness: Form filed Oct 5, 2026 (period of report Oct 1, 2026); the form does not indicate a late filing.

Why it may matter

• The Form 4 reports an award of derivative securities (phantom stock units) that are to be settled in cash upon distribution per footnote F1.
• This filing does not show why the insider traded or why the company acted.