PNC (NYSE: PNC) EVP Overstrom sells 1,500 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PNC Financial Services Group Executive Vice President Alexander E. C. Overstrom reported an open-market sale of 1,500 shares of $5 Par Common Stock on June 8, 2026 at $227.971 per share. Following this transaction, he directly owns 19,620 shares of PNC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,500 shares ($341,957)
Net Sell
1 txn
Insider
Overstrom Alexander E. C.
Role
Executive Vice President
Sold
1,500 shs ($342K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $5 Par Common Stock | 1,500 | $227.971 | $342K |
Holdings After Transaction:
$5 Par Common Stock — 19,620 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,500 shares
Sale price: $227.971 per share
Shares owned after: 19,620 shares
3 metrics
Shares sold
1,500 shares
Open-market sale of $5 Par Common Stock
Sale price
$227.971 per share
Price for the 1,500 shares sold on June 8, 2026
Shares owned after
19,620 shares
Direct holdings following the reported sale
Key Terms
open-market sale, $5 Par Common Stock, non-derivative, Executive Vice President
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
$5 Par Common Stock financial
"security_title: $5 Par Common Stock"
non-derivative financial
"transaction_type: non-derivative"
Executive Vice President financial
"officer_title: Executive Vice President"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What insider transaction did PNC (PNC) report for Alexander E. C. Overstrom?
Alexander E. C. Overstrom reported selling 1,500 shares of PNC $5 Par Common Stock in an open-market transaction. This Form 4 filing identifies him as an Executive Vice President and shows his remaining direct holdings after the sale.
What does transaction code S mean in the PNC (PNC) Form 4 filing?
Transaction code S in the Form 4 indicates a sale in an open market or private transaction. In this case, it reflects Alexander Overstrom’s open-market sale of 1,500 non-derivative PNC common shares at $227.971 per share.
Is Alexander Overstrom’s PNC (PNC) transaction a derivative or non-derivative trade?
The transaction is classified as non-derivative, involving PNC $5 Par Common Stock rather than options or other derivatives. The Form 4 also shows no derivative transactions or remaining derivative positions for Alexander Overstrom in this filing.