February 16, 2024 · Form 4 insider transaction
DEMCHAK WILLIAM S bought 47,707 shares of The PNC Financial Services Group, Inc. at $148.85 per share, a transaction worth $7.10M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
On February 16, 2024, 47,707 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of performance share units granted to the reporting person on February 11, 2021 (the "2021 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 105.56% based on achievement against performance criteria established under the award. Pursuant to the award, the 2021 PSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.