0001209191-24-003281.txt : 20240213 0001209191-24-003281.hdr.sgml : 20240213 20240213204044 ACCESSION NUMBER: 0001209191-24-003281 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240210 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DEMCHAK WILLIAM S CENTRAL INDEX KEY: 0001198053 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09718 FILM NUMBER: 24631454 MAIL ADDRESS: STREET 1: THE TOWER AT PNC PLAZA STREET 2: 300 FIFTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222-2707 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PNC FINANCIAL SERVICES GROUP, INC. CENTRAL INDEX KEY: 0000713676 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance IRS NUMBER: 251435979 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: THE TOWER AT PNC PLAZA STREET 2: 300 FIFTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222-2401 BUSINESS PHONE: 888-762-2265 MAIL ADDRESS: STREET 1: THE TOWER AT PNC PLAZA STREET 2: 300 FIFTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222-2401 FORMER COMPANY: FORMER CONFORMED NAME: PNC FINANCIAL SERVICES GROUP INC DATE OF NAME CHANGE: 20000327 FORMER COMPANY: FORMER CONFORMED NAME: PNC BANK CORP DATE OF NAME CHANGE: 19930505 FORMER COMPANY: FORMER CONFORMED NAME: PNC BANK CORP /PA/ DATE OF NAME CHANGE: 19930428 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2024-02-10 0 0000713676 PNC FINANCIAL SERVICES GROUP, INC. PNC 0001198053 DEMCHAK WILLIAM S THE TOWER AT PNC PLAZA 300 FIFTH AVENUE PITTSBURGH PA 15222-2707 0 1 0 0 President/CEO 0 $5 Par Common Stock 2024-02-10 4 A 0 9495 147.77 A 534844 D $5 Par Common Stock 2024-02-10 4 F 0 3075 147.77 D 531769 D $5 Par Common Stock 2024-02-11 4 A 0 10044 147.77 A 541813 D $5 Par Common Stock 2024-02-11 4 F 0 4326 147.77 D 537487 D $5 Par Common Stock 2621 I 401(k) Plan On February 10, 2024, 9,495 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 10, 2022 (the "2022 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 2022 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 2022 RSUs. On February 11, 2024, 10,044 shares of PNC common stock vested pursuant to an award of restricted stock units granted to the reporting person on February 11, 2021 (the "2021 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 2021 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 2021 RSUs. The amount of securities beneficially owned represents the number of shares of common stock indirectly held for the account of the reporting person under The PNC Incentive Savings Plan (the "ISP"). Shares of PNC common stock are not directly allocated to ISP participants, but instead are held in a unitized fund, approximately 98% of which consists of PNC common stock, and the remainder of which is invested in a money market fund. The amount of securities beneficially owned reflects 136 shares indirectly acquired for the account of the reporting person under the ISP in transactions exempt from reporting under Rule 16a-3(f)(1)(i)(B). The percentage of assets in the unitized fund investment option that are deemed to be invested in PNC common stock may vary from time to time. Laura Gleason, Attorney-in-Fact for William S. Demchak 2024-02-13