PNC Director Douglas Dachille Acquires Phantom Stock Units
PNC FINANCIAL SERVICES GROUP, INC.
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Filing Summary
{
"embeds": [
{
"title": "PNC Financial Services Group, Inc. (PNC) - Form 4 Insider Filing",
"color": 3447003,
"fields": [
{
"name": "Insider",
"value": "Douglas A. Dachille (Director)",
"inline": true
},
{
"name": "Transaction Type",
"value": "Acquisition (Deferred Compensation)",
"inline": true
},
{
"name": "Security",
"value": "Phantom Stock Unit",
"inline": true
},
{
"name": "Shares",
"value": "30",
"inline": true
},
{
"name": "Price",
"value": "$220.75",
"inline": true
},
{
"name": "Total Value",
"value": "$6,622.50",
"inline": true
},
{
"name": "Shares Owned After",
"value": "306",
"inline": true
}
],
"footer": {
"text": "Filing Date: 2026-10-05"
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]
}
Comprehensive Analysis
Transaction Summary
On October 1, 2026, PNC Financial Services Group, Inc. (NYSE: PNC) Director Douglas A. Dachille acquired 30 phantom stock units at an effective price of $220.75 per unit, representing a total transaction value of approximately $6,622.50. The transaction was filed via Form 4 with the SEC on October 5, 2026.
Filing Breakdown
- Security: Phantom Stock Unit (each economically equivalent to one share of PNC common stock, settled in cash upon distribution).
- Nature of Transaction: Code 'A' acquisition under the PNC Deferred Compensation Plan.
- Direct vs. Indirect: Held indirectly through the Deferred Compensation Plan.
- Post-Transaction Holdings: Following this transaction, Mr. Dachille holds 306 phantom stock units indirectly under the deferred compensation plan (which includes dividend equivalents). Additionally, he holds 2,104 deferred stock units (DSUs) directly under the Directors Deferred Stock Unit Program.
Market and Trading Significance
This filing carries Low trading significance. The transaction represents standard director compensation deferrals rather than an open-market discretionary purchase or sale. Routine director fee allocations into deferred compensation plans do not typically indicate a change in insider sentiment regarding near-term stock performance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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