<SEC-DOCUMENT>0001628280-25-006489.txt : 20250219 <SEC-HEADER>0001628280-25-006489.hdr.sgml : 20250219 <ACCEPTANCE-DATETIME>20250219182014 ACCESSION NUMBER: 0001628280-25-006489 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250214 FILED AS OF DATE: 20250219 DATE AS OF CHANGE: 20250219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Henn Vicki C. CENTRAL INDEX KEY: 0001611774 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09718 FILM NUMBER: 25642247 MAIL ADDRESS: STREET 1: 249 FIFTH AVENUE, MAILSTOP: P1-POPP-30-1 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 </SEC-HEADER> <DOCUMENT> <TYPE>4 <SEQUENCE>1 <FILENAME>wk-form4_1740007207.xml <DESCRIPTION>FORM 4 <TEXT> <XML> <?xml version="1.0"?> <ownershipDocument> <schemaVersion>X0508</schemaVersion> <documentType>4</documentType> <periodOfReport>2025-02-14</periodOfReport> <notSubjectToSection16>0</notSubjectToSection16> <issuer> <issuerCik>0000713676</issuerCik> <issuerName>PNC FINANCIAL SERVICES GROUP, INC.</issuerName> <issuerTradingSymbol>PNC</issuerTradingSymbol> </issuer> <reportingOwner> <reportingOwnerId> <rptOwnerCik>0001611774</rptOwnerCik> <rptOwnerName>Henn Vicki C.</rptOwnerName> </reportingOwnerId> <reportingOwnerAddress> <rptOwnerStreet1>THE TOWER AT PNC PLAZA</rptOwnerStreet1> <rptOwnerStreet2>300 FIFTH AVENUE</rptOwnerStreet2> <rptOwnerCity>PITTSBURGH</rptOwnerCity> <rptOwnerState>PA</rptOwnerState> <rptOwnerZipCode>15222-2707</rptOwnerZipCode> <rptOwnerStateDescription></rptOwnerStateDescription> </reportingOwnerAddress> <reportingOwnerRelationship> <isDirector>0</isDirector> <isOfficer>1</isOfficer> <isTenPercentOwner>0</isTenPercentOwner> <isOther>0</isOther> <officerTitle>Executive Vice President</officerTitle> </reportingOwnerRelationship> </reportingOwner> <aff10b5One>0</aff10b5One> <nonDerivativeTable> <nonDerivativeTransaction> <securityTitle> <value>$5 Par Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-14</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>M</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> <footnoteId id="F1"/> </transactionCoding> <transactionAmounts> <transactionShares> <value>6074</value> </transactionShares> <transactionPricePerShare> <value>0</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>A</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>45449</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>$5 Par Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-14</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>F</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> <footnoteId id="F2"/> </transactionCoding> <transactionAmounts> <transactionShares> <value>2517</value> </transactionShares> <transactionPricePerShare> <value>193.91</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>D</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>42932</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>$5 Par Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-16</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>M</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> <footnoteId id="F3"/> </transactionCoding> <transactionAmounts> <transactionShares> <value>1179</value> </transactionShares> <transactionPricePerShare> <value>0</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>A</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>44111</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>$5 Par Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-16</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>F</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> <footnoteId id="F4"/> </transactionCoding> <transactionAmounts> <transactionShares> <value>576</value> </transactionShares> <transactionPricePerShare> <value>193.91</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>D</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>43535</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>$5 Par Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-16</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>M</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> <footnoteId id="F5"/> </transactionCoding> <transactionAmounts> <transactionShares> <value>1340</value> </transactionShares> <transactionPricePerShare> <value>0</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>A</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>44875</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeTransaction> <securityTitle> <value>$5 Par Common Stock</value> </securityTitle> <transactionDate> <value>2025-02-16</value> </transactionDate> <transactionCoding> <transactionFormType>4</transactionFormType> <transactionCode>F</transactionCode> <equitySwapInvolved>0</equitySwapInvolved> <footnoteId id="F6"/> </transactionCoding> <transactionAmounts> <transactionShares> <value>654</value> </transactionShares> <transactionPricePerShare> <value>193.91</value> </transactionPricePerShare> <transactionAcquiredDisposedCode> <value>D</value> </transactionAcquiredDisposedCode> </transactionAmounts> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>44221</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>D</value> </directOrIndirectOwnership> </ownershipNature> </nonDerivativeTransaction> <nonDerivativeHolding> <securityTitle> <value>$5 Par Common Stock</value> </securityTitle> <postTransactionAmounts> <sharesOwnedFollowingTransaction> <value>18</value> </sharesOwnedFollowingTransaction> </postTransactionAmounts> <ownershipNature> <directOrIndirectOwnership> <value>I</value> </directOrIndirectOwnership> <natureOfOwnership> <value>401(k)</value> </natureOfOwnership> </ownershipNature> </nonDerivativeHolding> </nonDerivativeTable> <derivativeTable></derivativeTable> <footnotes> <footnote id="F1">On February 14, 2025, 6,074 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 10, 2022 (the "2022 PSUs"), following approval by the Human Resources Committee (the "Committee") of a payout of 142.17% based on achievement against performance criteria established under the award. Pursuant to the award, the 2022 PSUs pay out in shares of PNC common stock, and any accrued dividend equivalents are paid out in cash.</footnote> <footnote id="F2">Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2022 PSUs.</footnote> <footnote id="F3">On February 16, 2025, 1,179 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.</footnote> <footnote id="F4">Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2023 RSUs.</footnote> <footnote id="F5">On February 16, 2025, 1,340 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.</footnote> <footnote id="F6">Represents shares withheld to cover the reporting person's tax liability in connection with the vesting of the 2024 RSUs.</footnote> </footnotes> <remarks></remarks> <ownerSignature> <signatureName>Laura Gleason, Attorney-in-Fact for Vicki C. Henn</signatureName> <signatureDate>2025-02-19</signatureDate> </ownerSignature> </ownershipDocument> </XML> </TEXT> </DOCUMENT> </SEC-DOCUMENT>