Form 4: PNC EVP Reilly Reacquires Shares from Trust

PNC Financial Services Group Executive Vice President Robert Q. Reilly reacquired 5,519 shares of common stock from a grantor retained annuity trust.

Summary

• Executive Vice President Robert Q. Reilly of PNC Financial Services Group, Inc. reacquired 5,519 shares of PNC common stock.
• The transaction occurred on January 26, 2026, at a price of $213.1 per share.
• The reacquisition resulted from the maturation of a grantor retained annuity trust on January 4, 2026, to which Reilly had contributed 15,000 shares on January 31, 2023.
• Reilly's direct beneficial ownership after the transaction is 169,888 shares.
• Additionally, Reilly indirectly holds 2,056 shares through The PNC Incentive Savings Plan (401(k) plan), which are held in a unitized fund primarily consisting of PNC common stock.
• The reacquisition is considered a change in the form of beneficial ownership, exempt from Section 16 under Rule 16a-13.

Sentiment

Score: 6

Explanation: The reacquisition of shares, even if pre-planned, generally indicates an executive's continued beneficial ownership and alignment with shareholder interests. It's a neutral to slightly positive event, as it's not a sale.

Positives

• Executive Vice President Robert Q. Reilly reacquired 5,519 shares of PNC common stock, increasing his direct beneficial ownership.
• The reacquisition was part of a pre-planned trust maturation, indicating long-term financial planning by the executive.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction, as it is solely a report on insider beneficial ownership changes.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a reacquisition of shares by an executive due to a pre-planned trust maturation. It does not provide information relevant to broader industry trends or competitive positioning within the financial services sector.

Stakeholder Impact

• Shareholders: Minor positive impact as an executive's beneficial ownership increased, aligning interests, though it was a pre-planned event.

Key Dates

Keywords

PNC Financial Services Group, Robert Q. Reilly, SEC Form 4, Insider Transaction, Common Stock, Beneficial Ownership, Grantor Retained Annuity Trust, Executive Vice President