PNC EVP logs RSU vesting and tax share withholding
PNC Financial Services Group Executive Vice President Thomas Michael Duane reported stock-based compensation activity and related tax withholding.
Rhea-AI Filing Summary
PNC Financial Services Group Executive Vice President Thomas Michael Duane reported stock-based compensation activity and related tax withholding. On February 14, 2026, 1,753 shares of PNC common stock vested from a restricted stock unit award granted on February 14, 2025, after the Human Resources Committee approved a 100% payout based on service and risk-based performance criteria.
In connection with this vesting and other previously granted restricted share units, a total of 1,026 shares of PNC common stock were disposed of through tax-withholding transactions at a price of $229.32 per share to cover Duane’s tax liabilities. After these transactions, he directly owned 6,529 shares of PNC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | $5 Par Common Stock | 341 | $229.32 | $78K |
| Exercise Price or Tax Liability | $5 Par Common Stock | 231 | $229.32 | $53K |
| Grant/Award | $5 Par Common Stock | 1,753 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | $5 Par Common Stock | 454 | $229.32 | $104K |
Footnotes (3)
- F1. On February 14, 2026, 1,753 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.
FAQ
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