PNC Financial Services Group SEC Filings

Form 4 filing for The PNC Financial Services Group, Inc. (PNC) details insider activity by director Marjorie Rodgers Cheshire dated July 1, 2025.

• The director acquired 224 phantom stock units at an underlying reference price of $192.52. Each unit economically represents one share of PNC common stock and will be settled in cash under the Deferred Compensation Plan.
• Following the transaction, Cheshire beneficially owns 5,799 phantom units within the Deferred Compensation Plan, 4,114 phantom units under the Outside Directors Deferred Stock Unit Plan, and 11,437 deferred stock units (DSUs) granted through PNC’s Directors Deferred Stock Unit Program.
• No common shares were sold or disposed of; all reported securities were acquired or represent accrued dividend equivalents, indicating an incremental increase in the director’s economic exposure to PNC.
• All instruments are either indirect (plan-held phantom units) or direct (DSUs), with settlement occurring in cash or stock at retirement according to plan terms.

The filing reflects routine compensation-related accruals rather than open-market purchases, but the absence of sales signals continued alignment of the director’s interests with shareholders.

Form 4 filing for LXP Industrial Trust (ticker: LXP) dated 07/03/2025 reports that Director Arun Gupta acquired additional common shares.

• Transaction: 3,948 common shares were acquired on 07/03/2025 at a stated price of $8.23 per share (Transaction Code A).
• Post-transaction holdings: Gupta now beneficially owns 82,882 LXP common shares held directly.
• No derivative security transactions were reported in Table II.

The filing discloses no other material changes, amendments, or explanatory footnotes.

PNC Financial Services Group (PNC) – Form 4 insider transaction. Director Richard J. Harshman reported the acquisition of 119 phantom stock units on 01 July 2025 at an implied price of $192.52 per unit (≈ $23,000 in value). The units were credited to the issuer’s Deferred Compensation Plan; each phantom unit is economically equivalent to one share of PNC common stock but will be settled in cash at distribution. After the transaction, Harshman beneficially owns 2,032 phantom stock units indirectly and 8,635 deferred stock units (DSUs) directly under the Directors Deferred Stock Unit Program, both of which accrue dividend-equivalent units. No shares of common stock were bought or sold on the open market, and no derivatives were exercised or expired. The filing indicates continued, albeit modest, accumulation of equity-linked compensation by a non-executive director rather than a discretionary market purchase, suggesting limited near-term signaling value for public shareholders.

PNC Financial Services Group (PNC) – Form 4 insider filing

Director Robert A. Niblock reported a routine, compensation-related transaction dated July 1, 2025. The filing shows:

• Acquisition of 133 Phantom Stock Units under the PNC Deferred Compensation Plan at a reference price of $192.52 per unit. Phantom units are cash-settled equivalents of common shares and do not confer voting rights.
• Following the transaction, Mr. Niblock now indirectly holds 1,659 phantom stock units and directly holds 4,740 deferred stock units granted under the Directors Deferred Stock Unit Program.

No common shares were bought or sold; the activity occurred within established board compensation programs and is exempt from short-swing profit rules. Given PNC’s multi-billion-dollar market capitalization, the ≈$25 thousand notional value is immaterial and unlikely to influence the company’s share price or signal a directional view.

CH Robinson Worldwide (CHRW) – Form 4 insider filing

On 01 Jul 2025, director Mark A. Goodburn received 380 immediately-vested Phantom Stock/RSUs at a reference price of $95.95 per share under the company’s director compensation deferral program. After the grant, Goodburn now holds 2,280 common shares directly plus 12,038 RSUs that convert 1-for-1 into common stock upon his departure from the board. No shares were sold and no cash changed hands; the transaction simply converts a quarterly cash retainer into equity, modestly increasing the director’s alignment with shareholders. The filing does not disclose any broader operational or financial information and is routine in nature.

Form 4 overview: Director Daniel R. Hesse of PNC Financial Services Group (NYSE: PNC) reported changes in his deferred equity holdings effective 1 July 2025.

• Transaction details: Hesse acquired 204 phantom stock units at an implied reference price of $192.52 through the company’s Deferred Compensation Plan. Each unit is economically equivalent to one share of PNC common stock and will be settled in cash upon distribution.
• Post-transaction balances: • Phantom stock units held indirectly: 4,539 • Phantom stock units held under the Outside Directors Deferred Stock Unit Plan: 2,062 • Deferred Stock Units (DSUs) held directly under the Directors Deferred Stock Unit Program: 11,437
• No derivative securities expired, and no open-market purchases or sales of common shares occurred; all activity was plan-based and exempt from short-swing profit rules.

Because phantom and deferred stock units are settled in cash or stock at retirement and do not immediately affect the share count outstanding, the filing has minimal direct impact on PNC’s capital structure or daily trading liquidity. Nevertheless, the additional units modestly increase the director’s economic alignment with shareholders.

Form 4 filing overview – Agilysys, Inc. (AGYS)

Chief Financial Officer William David Wood III reported a single open-market sale of 321 common shares on 1 Jul 2025 at an average price of $113.39 per share, generating proceeds of roughly $36.4 thousand. The transaction was explicitly disclosed as a “sell-to-cover” to satisfy withholding taxes triggered by the vesting of restricted stock on 30 Jun 2025. Following the sale, the CFO still directly owns 47,288 shares of AGYS, indicating only a 0.7 % reduction in his direct equity position.

No derivative transactions were reported, and the filing lists no changes to option holdings. Because the disposition was limited in size and purpose, it is generally interpreted as routine liquidity management rather than a signal of reduced confidence.

On July 1, 2025, PNC Financial Services Group (ticker: PNC) director Bryan S. Salesky reported the acquisition of 240 phantom stock units under the company’s Deferred Compensation Plan, as disclosed in a Form 4 filing. Each phantom unit is economically equivalent to one share of PNC common stock and will be settled in cash upon distribution.

After this transaction, Salesky now holds 1,741 phantom stock units indirectly through the plan. The filing also shows he beneficially owns 4,740 Deferred Stock Units (DSUs) issued under the 2016 Incentive Award Plan, with each DSU convertible into one share of PNC common stock at retirement or, in limited circumstances, cash of equivalent value.

No common shares were directly bought or sold; the activity reflects routine director compensation mechanisms rather than open-market transactions.