---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-063770"
form_type: "8-K"
ticker: "PNC"
cik: "0000713676"
company_name: "PNC FINANCIAL SERVICES GROUP, INC."
filed_at: "2026-09-29T12:22:15+00:00"
generated_at: "2026-10-12T13:42:57.488679+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# PNC to redeem all $525M Series S preferred depositary shares Nov 2, 2026 at $1,000 each

## Summary
- All 525,000 outstanding Depositary Shares (CUSIP 693475 AQ8) representing interests in PNC's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series S, will be redeemed.
- Redemption price is $1,000 per Depositary Share, which excludes any declared but unpaid dividends.
- Redemption date of Nov. 1, 2026 shifts to Nov. 2, 2026 because Nov. 1 is a non-business day; payment to DTC made by Computershare Trust Company, N.A.
- Any declared but unpaid semiannual dividend will be paid on the redemption date to holders of record as of a date set by PNC's board prior to redemption.
- Each Depositary Share represents a 1/100th interest in one share of Series S Preferred Stock; total redemption is $525,000,000.

## SEC filing metadata
- accession: 0001628280-26-063770
- form_type: 8-K
- ticker: PNC
- cik: 0000713676
- company_name: PNC FINANCIAL SERVICES GROUP, INC.
- filed_at: 2026-09-29T12:22:15+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/713676/000162828026063770/0001628280-26-063770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/713676/000162828026063770/pnc-20260929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-063770
- JSON: https://secwatch.observer/filing/0001628280-26-063770.json
- Plain text: https://secwatch.observer/filing/0001628280-26-063770.txt

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