PNC (NYSE) Form 144: Insider files proposed sales including 16,112‑share lot

Rhea-AI Filing Summary

PNC filed a Form 144 reporting proposed sales of Common Stock by a filer, listing multiple lots originally acquired in open‑market purchases.

The excerpt shows individual lots with acquisition dates such as 03/17/2015 and 02/28/2020, and lists broker information (J.P. Morgan Securities LLC). Examples include holdings of 11,000 shares (acquired 03/17/2015) and 16,112 shares (acquired 02/28/2020), each shown as acquired by Open Market Purchase for cash.

Insights

Securities Attorney

Form 144 notifies the SEC of proposed resale by a filer; it is procedural, not an executed sale.

Form 144 is a statutory notice required when restricted or control securities are proposed to be sold. The excerpt lists acquisition dates and methods—principally Open Market Purchase—and identifies a broker, which aligns with standard resale disclosures.

Cash‑flow treatment and aggregate proposed sale amount are not included in the excerpt; subsequent filings or broker confirmations would show execution details and proceeds.

Equity Markets Analyst

The filing lists discrete lots that a filer plans to offer, creating potential sell pressure depending on execution.

The excerpt includes lot sizes such as 11,000 and 16,112 shares with acquisition dates. These are presented as examples of holdings the filer intends to dispose of via market channels.

Whether these notices lead to near‑term market activity depends on execution timing and whether sales occur via block trades or routine brokerage transactions; those details are not present here.

Key Figures

Broker listed: J.P. Morgan Securities LLC Lot example: 11,000 shares Lot example: 16,112 shares +1 more

4 metrics

Broker listed J.P. Morgan Securities LLC Broker address shown on filing

Lot example 11,000 shares acquired <date>03/17/2015</date>, Open Market Purchase

Lot example 16,112 shares acquired <date>02/28/2020</date>, Open Market Purchase

Additional lots 2,823; 10,535; 9,767; 8,056 shares acquisition dates shown in excerpt (various <date>2020</date> entries)

Key Terms

Form 144, Open Market Purchase, Brokerage placement

3 terms

Form 144 regulatory

"144: Securities To Be Sold — form used to notify proposed resale"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Open Market Purchase market

"listed as the nature of acquisition for multiple lots"

An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.

Brokerage placement financial

"J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	45000	9865350	401564632	05/26/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/09/2020	Open Market Purchase	See Nature of Acquisition			2823	03/09/2020	Cash
Common Stock	03/17/2015	Open Market Purchase	See Nature of Acquisition			11000	03/17/2015	Cash
Common Stock	03/12/2020	Open Market Purchase	See Nature of Acquisition			10535	03/12/2020	Cash
Common Stock	02/28/2020	Open Market Purchase	See Nature of Acquisition			16112	02/28/2020	Cash
Common Stock	03/09/2020	Open Market Purchase	See Nature of Acquisition			9767	03/09/2020	Cash
Common Stock	02/28/2020	Open Market Purchase	See Nature of Acquisition			8056	02/28/2020	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does PNC's Form 144 filing mean?

It notifies the SEC of proposed sales of restricted or control shares. The excerpt lists several lots acquired by open‑market purchase and names J.P. Morgan Securities LLC as broker, indicating planned resale methods.

How many shares are included in PNC's Form 144 example rows?

Individual lot examples include 11,000 and 16,112 shares. The excerpt shows multiple lots (e.g., 2,823; 10,535; 9,767; 8,056) with acquisition dates but does not present an aggregate total.

Who is the broker listed on the Form 144 for PNC?

J.P. Morgan Securities LLC is named as the broker. The filing excerpt includes the broker's address and indicates sales are to be handled through that brokerage relationship.

Do Form 144 notices mean the shares have already been sold?

No; a Form 144 is a notice of proposed sale, not proof of execution. Execution, proceeds, and timing are separate and would appear in trade confirmations or subsequent filings if and when sales occur.

What acquisition methods are shown for the shares in PNC's Form 144?

The excerpt lists Open Market Purchase and payment as cash for the acquired lots. Each row pairs an acquisition date with the method labeled "Open Market Purchase."