PNC (PNC) director Linda Medler granted 844 deferred stock units in Form 4
Rhea-AI Filing Summary
Medler Linda R reported acquisition or exercise transactions in this Form 4 filing.
PNC Financial Services Group director Linda R. Medler reported routine equity-based compensation and holdings. She received an award of 844 Deferred Stock Units (DSUs) under PNC's 2016 Incentive Award Plan, bringing her directly held DSU balance to 10,982 units.
Each DSU represents the right to receive, at retirement, one share of PNC common stock or in limited cases cash equal to one share's fair market value. Separately, she indirectly holds phantom stock units economically equivalent to 1,115 PNC shares through a deferred compensation arrangement, which are settled in cash and generally do not expire.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Medler Linda R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit | 844 | $0.00 | $0.00 |
| holding | Phantom Stock Unit | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Unit — 10,982 shares (Direct);
Phantom Stock Unit — 1,115 shares (Indirect, Deferred Compensation Plan)
Footnotes (4)
- F1. Deferred stock units ("DSUs") granted pursuant to the PNC Directors Deferred Stock Unit Program (the "Program") under PNC's 2016 Incentive Award Plan. Each DSU represents the right to receive at retirement one share of The PNC Financial Services Group, Inc. ("PNC") common stock, or in limited circumstances cash equal to the fair market value of one share of PNC common stock on the payment determination date, pursuant to the terms of the Program.
- F2. Includes DSUs acquired by the reporting person as dividend equivalents under the Program in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4.
- F3. One phantom stock unit is the economic equivalent of one share of PNC common stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.
- F4. Includes phantom stock units acquired by the reporting person as dividend equivalents under the PNC Outside Directors Deferred Stock Unit Plan in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4.
Key Figures
Deferred Stock Units granted: 844 units
Total DSUs after grant: 10,982 units
Phantom stock underlying shares: 1,115 units
+2 more
5 metrics
Deferred Stock Units granted
844 units
Grant to director Linda R. Medler on April 22, 2026
Total DSUs after grant
10,982 units
Direct Deferred Stock Unit holdings following transaction
Phantom stock underlying shares
1,115 units
Indirect phantom stock units economically equivalent to PNC shares
DSU exercise price
$0.0000 per unit
Deferred Stock Unit award under 2016 Incentive Award Plan
Phantom unit exercise price
$0.0000 per unit
Phantom stock units in deferred compensation plan
Key Terms
Deferred Stock Unit, Phantom Stock Unit, dividend equivalents, Deferred Compensation Plan, +1 more
5 terms
Deferred Stock Unit financial
"Deferred stock units ("DSUs") granted pursuant to the PNC Directors Deferred Stock Unit Program"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
Phantom Stock Unit financial
"One phantom stock unit is the economic equivalent of one share of PNC common stock."
dividend equivalents financial
"Includes DSUs acquired by the reporting person as dividend equivalents under the Program"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Deferred Compensation Plan financial
"nature_of_ownership": "Deferred Compensation Plan""
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
2016 Incentive Award Plan financial
"under PNC's 2016 Incentive Award Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
