Form 4: PNC Financial Services Group Director Renu Khator Reports Acquisition of Phantom Stock Units and Deferred Stock Units

Director Renu Khator reports acquisition of phantom stock units and deferred stock units in PNC Financial Services Group, Inc.

Summary

• Renu Khator, a director of PNC Financial Services Group, Inc., filed a Form 4 on April 3, 2025, reporting changes in beneficial ownership.
• The report details the acquisition of 150 phantom stock units on April 1, 2025, at a price of $174.64 per unit.
• Khator also holds 2,644 phantom stock units and 2,524 deferred stock units.
• The deferred stock units were granted under the PNC Directors Deferred Stock Unit Program and represent the right to receive one share of PNC common stock at retirement.
• The report includes phantom stock units and deferred stock units acquired as dividend equivalents since the last Form 4 filing.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The deferred stock units represent a future claim on PNC common stock, payable upon retirement.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company director, as required by the SEC. It provides transparency into the holdings of company insiders.

Key Dates

Keywords

Form 4, Beneficial Ownership, PNC Financial Services Group, Renu Khator, Phantom Stock Units, Deferred Stock Units, Director, Securities