PNC (NYSE: PNC) EVP Overstrom sells 2,500 common shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PNC Financial Services Group Executive Vice President Alexander E. C. Overstrom reported multiple stock transactions in PNC common stock. On February 18, 2026, he completed an open-market sale of 2,500 shares at $233.91 per share, leaving him with 21,120 directly held shares.
On February 14 and 16, 2026, several prior restricted stock unit awards vested, delivering share grants of 2,063, 1,881 and 1,146 shares of PNC common stock at no cash cost to him. On each vesting date, portions of the vested shares—898, 499 and 819 shares—were withheld to satisfy tax liabilities associated with these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares ($584,775)
Net Sell
7 txns
Insider
Overstrom Alexander E. C.
Role
Executive Vice President
Sold
2,500 shs ($585K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | $5 Par Common Stock | 2,500 | $233.91 | $585K |
| Grant/Award | $5 Par Common Stock | 1,881 | $0.00 | -- |
| Tax Withholding | $5 Par Common Stock | 819 | $229.32 | $188K |
| Grant/Award | $5 Par Common Stock | 1,146 | $0.00 | -- |
| Tax Withholding | $5 Par Common Stock | 499 | $229.32 | $114K |
| Grant/Award | $5 Par Common Stock | 2,063 | $0.00 | -- |
| Tax Withholding | $5 Par Common Stock | 898 | $229.32 | $206K |
Holdings After Transaction:
$5 Par Common Stock — 21,120 shares (Direct)
Footnotes (1)
- On February 14, 2026, 2,063 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. On February 16, 2026, 1,881 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 16, 2024 (the "2024 RSUs"), following approval by 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 2024 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 2024 RSUs. On February 16, 2026, 1,146 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 16, 2023 (the "2023 RSUs"), following approval by 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 2023 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 2023 RSUs.