Form 4 for PNC PNC Financial Services

Accepted 2023-07-24 00:00:00 ET · period of report 2023-07-20 · accession 0001209191-23-043258 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-07-24	2023-07-20	PNC	HANNON MICHAEL J	EVP	J - Other	$128.38	+3,221	38.4K	+9%	+$413.5K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	$5 Par Common Stock	2023-07-20	J	A	3,221	$128.38	38,383	D	—	—	(F1) The reporting person contributed 10,000 shares of The PNC Financial Services Group, Inc. ("PNC") common stock to a grantor retained annuity trust for the benefit of himself and his children on June 16, 2020. In connection with the termination of the trust in accordance with its terms on June 16, 2023, 3,221 shares of PNC common stock were reacquired by the reporting person from the trust on July 20, 2023. The reporting person believes the foregoing transfer represents a change in the form of his beneficial ownership of the subject shares, which is exempt from Section 16 under Rule 16a-13. The shares of PNC common stock that the trust previously distributed to the reporting person as annuity payments (in transfers exempt from Section 16 under Rule 16a-13) are reported on this Form 4 as directly beneficially owned.