PNC EVP Novosel reports RSU vesting, tax withholdings
PNC Financial Services Group Executive Vice President Stephanie Novosel reported equity compensation activity and related tax withholdings in $5 par common stock.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | $5 Par Common Stock | 278 | $229.32 | $64K |
| Exercise Price or Tax Liability | $5 Par Common Stock | 234 | $229.32 | $54K |
| Grant/Award | $5 Par Common Stock | 572 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $5 Par Common Stock | 150 | $229.32 | $34K |
| holding | $5 Par Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2025 RSUs.
- F3. 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.
- F4. 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?
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