Form 4: Reilly Robert Q reports multiple insider transactions in PNC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reilly Robert Q reported multiple insider transaction types in a Form 4 filing for PNC. The filing lists transactions totaling 17,130 shares at a weighted average price of $229.68 per share. Following the reported transactions, holdings were 182,351 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Reilly Robert Q
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $5 Par Common Stock | 12,463 | $0.00 | -- |
| Tax Withholding | $5 Par Common Stock | 4,667 | $229.68 | $1.07M |
| holding | $5 Par Common Stock | -- | -- | -- |
Holdings After Transaction:
$5 Par Common Stock — 182,351 shares (Direct);
$5 Par Common Stock — 1,877 shares (Indirect, 401(k) Plan)
Footnotes (1)
- On February 12, 2026, 12,463 shares of The PNC Financial Services Group, Inc. ("PNC") common stock vested pursuant to an award of performance share units granted to the reporting person on February 16, 2023 (the "2023 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 119.57% based on the satisfaction of the reporting person's service requirements and achievement against performance criteria established under the award. Pursuant to the award, the 2023 PSUs 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 PSUs. 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 insider transaction did PNC (PNC) Executive Vice President Robert Q. Reilly report?
Robert Q. Reilly reported equity compensation activity from vested performance share units. On February 12, 2026, 12,463 PNC common shares were acquired at no cost upon vesting of 2023 PSUs, with a separate share withholding used to satisfy associated tax obligations.
What are the 2023 PSUs mentioned in Robert Q. Reilly’s PNC (PNC) Form 4 filing?
The 2023 PSUs are performance share units granted to Reilly on February 16, 2023. They vest based on service and achievement against performance goals, paying out in PNC common shares, while any accrued dividend equivalents associated with the units are paid in cash.