RSU vesting and tax withholdings for PNC (NYSE: PNC) executive Novosel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PNC Financial Services Group Executive Vice President Stephanie Novosel reported equity compensation activity and related tax withholdings in $5 par common stock. On February 14, 2026, 572 shares vested from restricted stock units granted on February 14, 2025, following approval of a 100% payout based on service and risk-based performance criteria.
The Form 4 shows three Code F transactions in which 278, 234 and 150 shares were disposed of at $229.32 per share to cover tax liabilities tied to vesting awards. After these transactions, she directly held 4,907 shares of PNC common stock and indirectly held 1,236 shares through The PNC Incentive Savings Plan, a 401(k) unitized fund invested primarily in PNC stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Novosel Stephanie
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | $5 Par Common Stock | 278 | $229.32 | $64K |
| Tax Withholding | $5 Par Common Stock | 234 | $229.32 | $54K |
| Grant/Award | $5 Par Common Stock | 572 | $0.00 | -- |
| Tax Withholding | $5 Par Common Stock | 150 | $229.32 | $34K |
| holding | $5 Par Common Stock | -- | -- | -- |
Holdings After Transaction:
$5 Par Common Stock — 5,141 shares (Direct);
$5 Par Common Stock — 1,236 shares (Indirect, 401(k) Plan)
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. This amount represents the number of shares of PNC common stock indirectly held for the account of the reporting person under The PNC Incentive Savings Plan (the "ISP"), a defined contribution 401(k) plan. Shares of PNC common stock are not directly allocated to ISP participants, but instead are held in a unitized fund (the "ISP fund"), the majority of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The percentage of assets in the ISP fund that are deemed to be invested in PNC common stock fluctuates from time to time and is not the result of volitional or discretionary actions of the reporting person.
FAQ
What does Stephanie Novosel’s latest Form 4 for PNC show?
The Form 4 reports RSU vesting and related tax withholdings. On February 14, 2026, 572 PNC common shares vested from a 2025 restricted stock unit award, and multiple dispositions of shares were made to satisfy associated tax liabilities.
What was the basis for the 100% payout of Novosel’s 2025 PNC RSUs?
The 100% payout was based on service and risk-based performance criteria. The Human Resources Committee approved full vesting of the 2025 restricted stock units after the service requirements and specified risk-based performance measures under the award were achieved.