---
schema_version: "secwatch.filing_event.v1"
accession: "0000713676-24-000055"
form_type: "8-K/A"
ticker: "PNC"
cik: "0000713676"
company_name: "PNC FINANCIAL SERVICES GROUP, INC."
filed_at: "2024-05-24T23:59:59+00:00"
generated_at: "2026-06-01T08:56:30.176942+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PNC raises President Michael Lyons' 2024 target compensation to $10.5M

## Summary
- Target total compensation increased from $9M to $10.5M, effective Feb 16, 2024.
- Compensation mix set at 65% long-term incentive and 35% cash.
- Annual base salary remains unchanged at $700,000.
- Adjustment approved by Human Resources Committee on May 20, 2024.

## SEC filing metadata
- accession: 0000713676-24-000055
- form_type: 8-K/A
- ticker: PNC
- cik: 0000713676
- company_name: PNC FINANCIAL SERVICES GROUP, INC.
- filed_at: 2024-05-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/713676/000071367624000055/0000713676-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/713676/000071367624000055/pnc-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000713676-24-000055
- JSON: https://secwatch.observer/filing/0000713676-24-000055.json
- Plain text: https://secwatch.observer/filing/0000713676-24-000055.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.