William S. Demchak, CEO of PNC Financial Services, sold 1,242 shares of the company at an average price of $172, totaling approximately $213,624, as part of a pre-established trading plan. Following this transaction, he holds 566,057 shares directly and 2,702 shares indirectly through a 401(k) plan.PNC reported strong fourth-quarter earnings, with earnings per share of $3.77, surpassing expectations, and revenue of $5.57 billion. The company also raised $2.75 billion through a public offering of senior notes and maintained a solid capital position with a common equity Tier 1 capital ratio of 10.5%.