CEO William Demchak sells 50,000 PNC shares at $230.88; retains 554,274 shares post-transaction
William Demchak, PNC's CEO, sold 50,000 shares (50.0K shares) for $11,544,000.00 ($11.5M) at $230.88 on 2026-02-20, reducing his holdings from 604,274 shares (604.3K shares) to 554,274 shares (554.3K shares)—a reduction of 8.3% of pre-transaction holdings. The sale occurred at a price $13.0 above the current price of $217.91, placing the transaction above recent trading levels. PNC's fundamentals show solid operational performance with Revenue of $5,915,000,000.00 ($5.9B) in the latest quarter, Net income of $1,822,000,000.00 ($1.8B), Annual revenue growth of +7.2%, and a P/E of 11.51. The CEO maintains a substantial stake of 554,274 shares (554.3K shares) post-sale, demonstrating continued material ownership alignment with shareholders despite the reduction.