PNC Financial Services Group, Inc. (PNC) director updates phantom and deferred stock units
Rhea-AI Filing Summary
PNC Financial Services Group, Inc. director Bryan S. Salesky reported compensation-related equity holdings and activity as of 01/02/2026. He acquired 124 phantom stock units tied to PNC common stock at a reported price of $211.46 per unit, held 2,031 phantom stock units indirectly through a Deferred Compensation Plan, and held 4,824 deferred stock units (DSUs) directly under PNC's 2016 Incentive Award Plan.
Each phantom stock unit is the economic equivalent of one share of PNC common stock and will be settled in cash upon distribution, while 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 a share. Both phantom stock units and DSUs include additional units credited as dividend equivalents in transactions exempt from reporting.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 124 | $211.46 | $26K |
| holding | Deferred Stock Unit | -- | -- | -- |
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 2016 Incentive Award 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.
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FAQ
What insider transaction did PNC (PNC) report for Bryan S. Salesky?
Director Bryan S. Salesky reported the acquisition of 124 phantom stock units tied to $5 par value PNC common stock on 01/02/2026, as shown in the derivative securities table.
How many phantom stock units does Bryan S. Salesky hold at PNC (PNC)?
Following the reported transaction, Bryan S. Salesky beneficially owned 2,031 phantom stock units indirectly through a Deferred Compensation Plan, according to the filing.
What are phantom stock units in the PNC (PNC) filing?
The filing explains that one phantom stock unit is the economic equivalent of one share of PNC common stock, will be settled in cash upon distribution to the reporting person, and generally does not expire.
What deferred stock units (DSUs) does Bryan S. Salesky hold at PNC (PNC)?
Bryan S. Salesky holds 4,824 deferred stock units (DSUs) directly under PNC's 2016 Incentive Award Plan, granted through the PNC Directors Deferred Stock Unit Program.
How do PNC (PNC) deferred stock units (DSUs) work for directors?
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 on the payment determination date, under the Directors Deferred Stock Unit Program.
Do Bryan S. Salesky’s PNC (PNC) units include dividend equivalents?
Yes. The filing states that both phantom stock units and DSUs include additional units acquired as dividend equivalents in transactions exempt from reporting since his most recent prior filing.