PNC Financial Services Director Acquires Phantom Stock Units

Executive Summary

On October 1, 2026, Daniel Hesse, a Director at The PNC Financial Services Group, Inc. (NYSE: PNC), acquired 65 phantom stock units at an effective price of $220.75 per share, representing an aggregate transaction value of approximately $14,348.75.

Transaction Details

• Security: Phantom Stock Unit (settled in cash, 1-for-1 economic equivalent to PNC common stock)
• Transaction Code: A (Acquisition via compensation/equity plan)
• Shares Acquired: 65
• Price: $220.75
• Total Value: $14,348.75
• Ownership Structure: Held indirectly through the PNC Deferred Compensation Plan
• Post-Transaction Beneficial Ownership: 5,166 phantom stock units in the Deferred Compensation Plan

Additional Derivative Holdings Disclosed

• Deferred Stock Unit Plan: 2,149 Phantom Stock Units held indirectly
• Directors Deferred Stock Unit Program: 12,743 Deferred Stock Units held directly

Market & Governance Impact

This transaction reflects routine director compensation deferral pursuant to PNC's Deferred Compensation Plan rather than open-market discretionary trading. Given the modest transaction size and its programmatic nature, this filing carries low predictive weight regarding company fundamentals or executive sentiment.