PNC (PNC) EVP Laura Long details RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PNC Financial Services Group Executive Vice President Laura L. Long reported equity award activity and related tax share withholding in company stock. On February 14, 2026, 572 shares of common stock vested from restricted stock units granted on February 14, 2025 after meeting service and risk-based performance criteria.
To cover tax obligations tied to this vesting and prior restricted share units, Long had 201, 267 and 206 shares of $5 par common stock withheld on February 14 and 16, 2026 at $229.32 per share, characterized as tax-withholding dispositions. Following these transactions, she continues to hold directly over 10,000 shares of PNC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Long Laura L
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | $5 Par Common Stock | 267 | $229.32 | $61K |
| Tax Withholding | $5 Par Common Stock | 206 | $229.32 | $47K |
| Grant/Award | $5 Par Common Stock | 572 | $0.00 | -- |
| Tax Withholding | $5 Par Common Stock | 201 | $229.32 | $46K |
Holdings After Transaction:
$5 Par Common Stock — 11,142 shares (Direct)
Footnotes (1)
- On February 14, 2026, 572 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 14, 2025 (the "2025 RSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 100% based on the satisfaction of the reporting person's service requirements and achievement against the risk-based performance criteria established under the award. Pursuant to the award, the 2025 RSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash. Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2025 RSUs. Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of restricted share units previously reported on Form 3.
FAQ
What did PNC (PNC) executive Laura L. Long report in this Form 4?
Laura L. Long reported vesting of restricted stock units and related tax share withholding. On February 14, 2026, 572 PNC common shares vested, and several tax-withholding dispositions were executed to satisfy tax liabilities tied to this and prior equity awards.
Were Laura L. Long’s PNC (PNC) transactions open‑market sales or tax withholdings?
The reported transactions are tax withholdings, not open‑market sales. Each transaction is coded “F” and described as payment of tax liability by delivering shares in connection with restricted stock unit vesting, rather than discretionary selling into the market.
How were dividend equivalents on Laura L. Long’s PNC (PNC) RSUs treated?
Dividend equivalents on the 2025 restricted stock units were paid in cash. The award terms state that while the RSUs pay out in PNC common shares upon vesting, any accrued dividend equivalents associated with those units are settled in cash rather than additional stock.