The PNC Financial Services Group, Inc. announced changes to its restricted share unit (RSU) and performance share unit (PSU) awards for Section 16 officers under its 2016 Incentive Award Plan. Effective February 14, 2025, these awards will continue to vest and be paid out under the original terms even if the recipient experiences a qualifying termination without cause or for good reason, provided they comply with award conditions. The awards will follow the same vesting and performance conditions as if the recipient had remained employed for the full performance or service period.
WS Investor
2025-02-22
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