[144] PNC Financial Services Group SEC Filing
Rhea-AI Filing Summary
Form 144 filed for PNC (PNC) notifies a proposed sale of 71 common shares through Fidelity Brokerage Services with an aggregate market value of $14,561.11, to be sold approximately on 08/27/2025 on the NYSE. The filing lists total outstanding shares of 393,807,382, and shows the shares were acquired between 2017 and 2025 mainly via open-market purchases and dividend reinvestment, all paid in cash. The filer states there have been no securities sold in the past three months and certifies no undisclosed material adverse information is known.
Positive
- Proposed sale amount clearly disclosed: 71 common shares with aggregate market value of $14,561.11.
- Broker and market identified: Fidelity Brokerage Services; trade to occur on the NYSE around 08/27/2025.
- Acquisition history provided: Shares were acquired between 2017 and 2025 via open-market purchases and dividend reinvestment, paid in cash.
- No recent dispositions: Filing reports "Nothing to Report" for securities sold during the past three months.
Negative
- None.
Insights
TL;DR: Small, routine insider sale notice; economically immaterial relative to outstanding shares.
The filing documents a proposed sale of 71 shares valued at $14,561.11 against 393.8 million outstanding shares, indicating the transaction is extremely small on a company scale and unlikely to affect market valuation or liquidity. Acquisition history shows routine open-market purchases and dividend reinvestments between 2017 and 2025, all cash-paid, suggesting no complex compensation or non-cash consideration. The absence of sales in the prior three months reduces the likelihood of ongoing significant disposition activity by the filer.
TL;DR: Filing appears procedurally complete and includes required certifications; no compliance red flags in the notice.
The Form 144 identifies broker, intended sale date, class, number of shares and aggregate market value, and includes the mandatory representation regarding material non-public information. Acquisition table details transaction types and cash payment for each lot. Nothing in the filing indicates potential disclosure violations or undisclosed contingent arrangements. Given the small size of the proposed sale, regulatory or market impact risk is minimal based on the provided information.