Form 4: PNC Executive Vice President Amanda Rosseter Schab Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Amanda Rosseter Schab, an Executive Vice President at PNC Financial Services Group, disposed of 432 shares to cover tax liabilities related to vesting restricted share units.
Summary
- On October 19, 2024, Amanda Rosseter Schab, an Executive Vice President at PNC Financial Services Group, disposed of 432 shares of PNC's $5 Par Common Stock.
- The transaction was executed to cover the reporting person's tax liability in connection with the vesting of restricted share units previously reported on Form 3.
- The price per share was $189.38.
- Following the transaction, Schab directly owns 9,317 shares of PNC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/19/2024 | Date of stock disposal transaction. |
| 10/22/2024 | Date of signature by Attorney-in-Fact. |
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