PNC (PNC) president gets 4,551 RSU shares, 2,071 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PNC Financial Services Group president Mark Wiedman reported compensation-related share activity. On April 17, 2026, 4,551 shares of PNC common stock vested from restricted stock units granted on April 17, 2025 after the Human Resources Committee approved a 100% payout based on service and risk-based performance criteria.
In connection with this vesting, 2,071 shares were withheld at $224.81 per share to cover Wiedman’s tax liability. Following these non-market transactions, he holds 2,500 shares of PNC common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wiedman Mark
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $5 Par Common Stock | 4,551 | $0.00 | -- |
| Tax Withholding | $5 Par Common Stock | 2,071 | $224.81 | $466K |
Holdings After Transaction:
$5 Par Common Stock — 4,571 shares (Direct, null)
Footnotes (1)
- On April 17, 2026, 4,551 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 April 17, 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.
Key Figures
RSU shares vested: 4,551 shares
Shares withheld for taxes: 2,071 shares
Tax withholding price: $224.81 per share
+2 more
5 metrics
RSU shares vested
4,551 shares
Vesting of 2025 restricted stock units on April 17, 2026
Shares withheld for taxes
2,071 shares
Tax-withholding disposition related to RSU vesting
Tax withholding price
$224.81 per share
Value used for 2,071 withheld PNC shares
Direct holdings after transactions
2,500 shares
PNC common stock held directly by Mark Wiedman after April 17, 2026
RSU payout level
100%
Payout approved by Human Resources Committee for 2025 RSUs
Key Terms
restricted stock units, dividend equivalents, Human Resources Committee, risk-based performance criteria, +1 more
5 terms
restricted stock units financial
"shares of PNC common stock vested pursuant to an award of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"any accrued dividend equivalents are paid out in cash"
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.
Human Resources Committee financial
"following approval by the Human Resources Committee (the "Committee") of a payout of 100%"
risk-based performance criteria financial
"achievement against the risk-based performance criteria established under the award"
tax liability financial
"shares withheld to cover the reporting person's tax liability in connection with the vesting"
FAQ
What insider transactions did PNC (PNC) president Mark Wiedman report?
Mark Wiedman reported the vesting of 4,551 shares of PNC common stock from previously granted restricted stock units, plus a related tax-withholding disposition of 2,071 shares. These events are compensation-related, not open-market purchases or sales.
Were Mark Wiedman’s PNC (PNC) transactions open-market sales?
No, the 2,071 PNC shares were withheld to cover Mark Wiedman’s tax liability on vested restricted stock units at $224.81 per share. This tax-withholding disposition is an administrative step, not a discretionary open-market stock sale.
What performance criteria governed Mark Wiedman’s 2025 PNC (PNC) RSUs?
The 2025 restricted stock units for Mark Wiedman vested at a 100% payout based on service requirements and risk-based performance criteria set by the Human Resources Committee. These criteria determined whether, and to what extent, the award would convert into PNC shares.