PNC director Dachille acquires 30 share-linked units
Phantom stock units are settled in cash upon distribution; deferred stock units provide a right to one PNC common share at retirement, with limited cash-settlement circumstances.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
The PNC Financial Services Group, Inc. director Douglas A. Dachille acquired 30 phantom stock units on October 1, 2026, as dividend equivalents under the Deferred Compensation Plan; his indirect balance afterward was 306 units. He also reported 2,104 directly held deferred stock units, including units acquired as dividend equivalents under the directors’ program.
Insider Trade Summary
Grant/Award: 30 shares
Grant/Award
2 txns
Insider
Dachille Douglas A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 30 | $220.75 | $7K |
| holding | Deferred Stock Unit F3, F4 | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Unit — 306 contracts (Indirect, Deferred Compensation Plan);
Deferred Stock Unit — 2,104 contracts (Direct)
Footnotes (4)
- F1. One phantom stock unit is the economic equivalent of one share of The PNC Financial Services Group, Inc. ("PNC") common stock. Phantom stock units will be settled in cash upon distribution to the reporting person and generally do not expire.
- F2. Includes phantom stock units acquired by the reporting person as dividend equivalents under the PNC Deferred Compensation Plan in transactions exempt from reporting that occurred after the date of the reporting person's most recent filing on Form 4.
- F3. Deferred stock units ("DSUs") granted pursuant to the PNC Directors Deferred Stock Unit Program (the "Program") under PNC's equity incentive plan. Each DSU represents the right to receive at retirement one share of 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.
- F4. 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.
Key Figures
Phantom stock units acquired: 30 Phantom Stock Units
Indirect phantom stock unit balance: 306 Phantom Stock Units
Direct deferred stock unit holding: 2,104 Deferred Stock Units
3 metrics
Phantom stock units acquired
30 Phantom Stock Units
Acquired as dividend equivalents on October 1, 2026
Indirect phantom stock unit balance
306 Phantom Stock Units
Reported following the October 1, 2026 transaction
Direct deferred stock unit holding
2,104 Deferred Stock Units
Reported on October 1, 2026
Key Terms
Phantom stock units, Deferred Compensation Plan, dividend equivalents, Deferred stock units
4 terms
Phantom stock units financial
"One phantom stock unit is the economic equivalent of one share"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan financial
"under the PNC 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.
dividend equivalents financial
"acquired by the reporting person as dividend equivalents"
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 stock units financial
"Deferred stock units ("DSUs") granted pursuant to the PNC Directors Deferred Stock Unit Program"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units did Douglas A. Dachille acquire at PNC (PNC)?
Douglas A. Dachille acquired 30 phantom stock units on October 1, 2026, as dividend equivalents under the PNC Deferred Compensation Plan. His reported indirect balance afterward was 306 units.
What rights do PNC (PNC) deferred stock units carry?
Each deferred stock unit represents the right to receive one PNC common share at retirement or, in limited circumstances, cash equal to the fair market value of one share on the payment determination date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
