February 11, 2024 · Form 4 insider transaction
DEMCHAK WILLIAM S bought 10,044 shares of The PNC Financial Services Group, Inc. at $147.77 per share, a transaction worth $1.48M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
On February 11, 2024, 10,044 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 11, 2021 (the "2021 RSUs"), following approval by the Committee of a payout of 100% based on the satisfaction of the reporting person's service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2021 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.