Form 4: PNC Financial Services Group Director Robert Niblock Reports Changes in Beneficial Ownership

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

Summary

• Robert A. Niblock, a director of PNC Financial Services Group, Inc., filed a Form 4 detailing changes in his beneficial ownership.
• On July 1, 2024, Niblock acquired 164 phantom stock units, each equivalent to one share of PNC common stock, at a price of $156.14.
• He also holds 1,260 phantom stock units through the PNC Deferred Compensation Plan, including 11 units acquired as dividend equivalents.
• Additionally, Niblock owns 3,417 deferred stock units (DSUs) granted under the PNC Directors Deferred Stock Unit Program, representing the right to receive one share of PNC common stock at retirement.
• This includes 22 DSUs acquired as dividend equivalents since his last Form 4 filing.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company director, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates