[Form 4] PNC FINANCIAL SERVICES GROUP, INC. Insider Trading Activity
Marjorie Rodgers Cheshire, a director of PNC Financial Services Group (PNC), filed a Form 4 reporting changes in her beneficial ownership dated 10/01/2025. The filing shows an acquisition of 67 phantom stock units under PNC’s deferred compensation structure at an indicated price reference of $198.44 per share equivalent. The report lists total phantom stock units beneficially owned following the transaction as 5,918 (held indirectly through a Deferred Compensation Plan) and 4,151 held indirectly through the Outside Directors Deferred Stock Unit Plan. The filing also records a disposition of 11,536 Deferred Stock Units under the Directors Deferred Stock Unit Program. Explanatory notes state phantom units are cash-settled equivalents to common stock and that some units reflect dividend equivalents received in transactions exempt from reporting.
Marjorie Rodgers Cheshire, direttrice di PNC Financial Services Group (PNC), ha presentato un Formulario 4 segnalando cambiamenti nella sua proprietà beneficiaria datati 10/01/2025. La presentazione mostra un acquisto di 67 unità di stock fantasma nell'ambito della struttura di compensazione differita di PNC, con un riferimento di prezzo indicato di $198.44 per equivalente azione. Il rapporto elenca un totale di unità di stock fantasma di proprietà dopo la transazione come 5.918 (tenute indirettamente tramite un Deferred Compensation Plan) e 4.151 detenute indirettamente tramite il Outside Directors Deferred Stock Unit Plan. La presentazione riporta anche una disposizione di 11.536 unità di stock differito sotto il Directors Deferred Stock Unit Program. Note esplicative affermano che le unità fantasma sono equivalenti in contanti alle azioni ordinarie e che alcune unità riflettono equivalenti di dividendi ricevuti in transazioni esenti da segnalazione.
Marjorie Rodgers Cheshire, directora de PNC Financial Services Group (PNC), presentó un Formulario 4 informando cambios en su propiedad beneficiaria con fecha 10/01/2025. La presentación muestra una adquisición de 67 unidades de stock fantasma bajo la estructura de compensación diferida de PNC, con una referencia de precio indicada de $198.44 por acción equivalente. El informe lista un total de unidades de stock fantasma propiedad tras la transacción como 5.918 (poseídas indirectamente a través de un Deferred Compensation Plan) y 4.151 en indirectamente a través del Outside Directors Deferred Stock Unit Plan. La presentación también registra una disposición de 11.536 unidades de stock diferido bajo el Directors Deferred Stock Unit Program. Notas explicativas indican que las unidades fantasma son equivalentes en efectivo a las acciones ordinarias y que algunas unidades reflejan equivalentes de dividendos recibidos en transacciones exentas de reporte.
Marjorie Rodgers Cheshire는 PNC Financial Services Group (PNC)의 이사로서 10/01/2025로 날짜가 기재된 혜택 소유권 변경에 대한 Form 4를 제출하였다. 이 제출서는 PNC의 연기 보상 구조 하에서 67 단위의 팬텀 주식 취득을 나타내며, 주당 기준으로 $198.44의 가격 참조를 제시한다. 보고서는 거래 후 보유한 팬텀 주식 총 단위를 5,918단위(Deferred Compensation Plan를 통해 간접 보유)와 4,151단위가 Outside Directors Deferred Stock Unit Plan를 통해 간접 보유 중이라고 목록화한다. 이 제출서는 또한 Directors Deferred Stock Unit Program 아래 11,536단위의 Deferred Stock Units 처분도 기록한다. 설명 노트에 따르면 팬텀 유닛은 보통주에 현금으로 정산되는 등가물이며, 일부 유닛은 보고 대상에서 제외된 거래에서 받은 배당 등가물을 반영한다고 한다.
Marjorie Rodgers Cheshire, directrice de PNC Financial Services Group (PNC), a déposé un formulaire 4 signalant des changements dans sa propriété bénéficiaire datés du 01/10/2025. Le dépôt indique une acquisition de 67 unités d’actions fantômes dans le cadre de la structure de rémunération différée de la PNC, avec une référence de prix indiquée de $198.44 par action équivalente. Le rapport répertorie un total d’unités d’actions fantômes détenues après la transaction comme 5.918 (détenues indirectement par le Deferred Compensation Plan) et 4.151 détenues indirectement via le Outside Directors Deferred Stock Unit Plan. Le dépôt enregistre également une disposition de 11.536 unités de stock différé dans le Directors Deferred Stock Unit Program. Des notes explicatives indiquent que les unités fantômes sont des équivalents en espèces d’actions ordinaires et que certaines unités reflètent des équivalents de dividendes reçus dans des transactions exemptes de rapport.
Marjorie Rodgers Cheshire, Direktorin der PNC Financial Services Group (PNC), hat ein Formular 4 eingereicht, das Änderungen an ihrem wirtschaftlichen Eigentum datiert auf 10/01/2025 meldet. Die Einreichung zeigt einen Erwerb von 67 Phantomaktieneinheiten im Rahmen von PNCs verzögerter Vergütungsstruktur zu einem angegebenen Preisreferenz von $198.44 pro Anteilsäquivalent. Der Bericht listet insgesamt gehaltene Phantomaktien nach der Transaktion als 5.918 (indirekt über einen Deferred Compensation Plan) und 4.151 indirekt über den Outside Directors Deferred Stock Unit Plan. Die Einreichung verzeichnet außerdem eine Veräußerung von 11.536 Deferred Stock Units im Directors Deferred Stock Unit Program. Erläuternde Hinweise besagen, dass Phantom-Einheiten bargeldlich abgewickelte Äquivalente zu Stammaktien sind und dass einige Einheiten Dividendenäquivalente enthalten, die in Transaktionen erhoben wurden, die von der Berichterstattung ausgenommen sind.
مارجوري رودجز تشيشيرى، مديرة لدى PNC Financial Services Group (PNC)، قدمت نموذج 4 يبلّغ عن تغيّرات في ملكيتها المستفيدة بتاريخ 10/01/2025. يظهر الإبلاغ اقتناء 67 وحدة أسهم وهمية ضمن بنية التعويض المؤجل لدى PNC، مع مرجع سعر يشير إلى $198.44 للسهم المعادل. يقيد التقرير إجمالي وحدات الأسهم الوهمية المملوكة بعد المعاملة بـ 5,918 (المملوكة بشكل غير مباشر من خلال خطة تعويض مؤجلة) و 4,151 مملوكة بشكل غير مباشر عبر Outside Directors Deferred Stock Unit Plan. يسجل الإبلاغ أيضاً تصرف 11,536 وحدة من Deferred Stock Units ضمن برنامج Directors Deferred Stock Unit. تشير ملاحظات تفسيرية إلى أن وحدات الفانتوم هي مكافئ نقدي للأسهم العادية وأن بعض الوحدات تعكس مكافئات توزيعات أُخذت في معاملات مستثناة من الإبلاغ.
Marjorie Rodgers Cheshire，PNC Financial Services Group (PNC) 的 董事，提交了一份表格4，报告其有益所有权的变动，日期为10/01/2025。 filing shows an acquisition of 67 phantom stock units under PNC’s deferred compensation structure at an indicated price reference of $198.44 per share equivalent. 报告在交易后拥有的幻影股票总单位为 5,918（通过 Deferred Compensation Plan 间接持有）和 4,151 通过 Outside Directors Deferred Stock Unit Plan 间接持有。 报告还记录了在 Directors Deferred Stock Unit Program 下 11,536 单位的 Deferred Stock Units 的处置。 解释性注释指出，幻影单位是现金结算的普通股等价物，且某些单位反映在免披露交易中收到的股息等价物。
- Acquired 67 phantom stock units on 10/01/2025
- Phantom units and DSUs are held indirectly through formal deferred compensation plans, reflecting routine director compensation
- Dividend equivalents were credited to phantom units and DSUs in exempt transactions, increasing holdings
- Disposition of 11,536 Deferred Stock Units reported on 10/01/2025
- Reported holdings include large deferred balances (e.g., 11,536 DSUs, 5,918 phantom units) which may affect future cash-settlement obligations
Insights
Director reported modest acquisition and larger DSU disposition on 10/01/2025.
The Form 4 documents an acquisition of 67 phantom stock units and a reported disposition of 11,536 Deferred Stock Units by Director Marjorie Rodgers Cheshire. Both holdings are reported as indirect through PNC compensation plans, consistent with typical director deferred-pay arrangements.
This filing is material to disclosure compliance because it updates beneficial ownership counts and shows cash-settled phantom stock and deferred stock unit movements; it does not state any open-market purchases or sales of actual common shares.
Transactions reflect compensation-plan mechanics, not open-market trading.
The filing clarifies that phantom stock units are cash-settled equivalents to one share and that Deferred Stock Units convert to one share at retirement or may pay cash in limited cases. The report notes dividend equivalents were credited in exempt transactions, increasing reported unit totals.
This matters because investor-facing share counts remain tied to plan settlements rather than immediate share dilution; the filing shows 5,918 phantom units and 11,536 DSUs in the director’s reported positions after the noted activity.
Marjorie Rodgers Cheshire, direttrice di PNC Financial Services Group (PNC), ha presentato un Formulario 4 segnalando cambiamenti nella sua proprietà beneficiaria datati 10/01/2025. La presentazione mostra un acquisto di 67 unità di stock fantasma nell'ambito della struttura di compensazione differita di PNC, con un riferimento di prezzo indicato di $198.44 per equivalente azione. Il rapporto elenca un totale di unità di stock fantasma di proprietà dopo la transazione come 5.918 (tenute indirettamente tramite un Deferred Compensation Plan) e 4.151 detenute indirettamente tramite il Outside Directors Deferred Stock Unit Plan. La presentazione riporta anche una disposizione di 11.536 unità di stock differito sotto il Directors Deferred Stock Unit Program. Note esplicative affermano che le unità fantasma sono equivalenti in contanti alle azioni ordinarie e che alcune unità riflettono equivalenti di dividendi ricevuti in transazioni esenti da segnalazione.
Marjorie Rodgers Cheshire, directora de PNC Financial Services Group (PNC), presentó un Formulario 4 informando cambios en su propiedad beneficiaria con fecha 10/01/2025. La presentación muestra una adquisición de 67 unidades de stock fantasma bajo la estructura de compensación diferida de PNC, con una referencia de precio indicada de $198.44 por acción equivalente. El informe lista un total de unidades de stock fantasma propiedad tras la transacción como 5.918 (poseídas indirectamente a través de un Deferred Compensation Plan) y 4.151 en indirectamente a través del Outside Directors Deferred Stock Unit Plan. La presentación también registra una disposición de 11.536 unidades de stock diferido bajo el Directors Deferred Stock Unit Program. Notas explicativas indican que las unidades fantasma son equivalentes en efectivo a las acciones ordinarias y que algunas unidades reflejan equivalentes de dividendos recibidos en transacciones exentas de reporte.
Marjorie Rodgers Cheshire는 PNC Financial Services Group (PNC)의 이사로서 10/01/2025로 날짜가 기재된 혜택 소유권 변경에 대한 Form 4를 제출하였다. 이 제출서는 PNC의 연기 보상 구조 하에서 67 단위의 팬텀 주식 취득을 나타내며, 주당 기준으로 $198.44의 가격 참조를 제시한다. 보고서는 거래 후 보유한 팬텀 주식 총 단위를 5,918단위(Deferred Compensation Plan를 통해 간접 보유)와 4,151단위가 Outside Directors Deferred Stock Unit Plan를 통해 간접 보유 중이라고 목록화한다. 이 제출서는 또한 Directors Deferred Stock Unit Program 아래 11,536단위의 Deferred Stock Units 처분도 기록한다. 설명 노트에 따르면 팬텀 유닛은 보통주에 현금으로 정산되는 등가물이며, 일부 유닛은 보고 대상에서 제외된 거래에서 받은 배당 등가물을 반영한다고 한다.
Marjorie Rodgers Cheshire, directrice de PNC Financial Services Group (PNC), a déposé un formulaire 4 signalant des changements dans sa propriété bénéficiaire datés du 01/10/2025. Le dépôt indique une acquisition de 67 unités d’actions fantômes dans le cadre de la structure de rémunération différée de la PNC, avec une référence de prix indiquée de $198.44 par action équivalente. Le rapport répertorie un total d’unités d’actions fantômes détenues après la transaction comme 5.918 (détenues indirectement par le Deferred Compensation Plan) et 4.151 détenues indirectement via le Outside Directors Deferred Stock Unit Plan. Le dépôt enregistre également une disposition de 11.536 unités de stock différé dans le Directors Deferred Stock Unit Program. Des notes explicatives indiquent que les unités fantômes sont des équivalents en espèces d’actions ordinaires et que certaines unités reflètent des équivalents de dividendes reçus dans des transactions exemptes de rapport.
Marjorie Rodgers Cheshire, Direktorin der PNC Financial Services Group (PNC), hat ein Formular 4 eingereicht, das Änderungen an ihrem wirtschaftlichen Eigentum datiert auf 10/01/2025 meldet. Die Einreichung zeigt einen Erwerb von 67 Phantomaktieneinheiten im Rahmen von PNCs verzögerter Vergütungsstruktur zu einem angegebenen Preisreferenz von $198.44 pro Anteilsäquivalent. Der Bericht listet insgesamt gehaltene Phantomaktien nach der Transaktion als 5.918 (indirekt über einen Deferred Compensation Plan) und 4.151 indirekt über den Outside Directors Deferred Stock Unit Plan. Die Einreichung verzeichnet außerdem eine Veräußerung von 11.536 Deferred Stock Units im Directors Deferred Stock Unit Program. Erläuternde Hinweise besagen, dass Phantom-Einheiten bargeldlich abgewickelte Äquivalente zu Stammaktien sind und dass einige Einheiten Dividendenäquivalente enthalten, die in Transaktionen erhoben wurden, die von der Berichterstattung ausgenommen sind.
FAQ
What did Marjorie Rodgers Cheshire report on the Form 4 for PNC (PNC)?
When did the reported transactions occur on the PNC Form 4?
Are the reported units actual shares or cash-settled instruments?
How are the holdings owned according to the Form 4?
Did the Form 4 indicate any open-market purchases or sales of PNC common stock?
