Truist banking chief Dontá Wilson to leave Dec. 31, 2026

Shimna Sameer will lead consumer banking, while Jeff Warner will lead small business banking.

Rhea-AI Filing Summary

Truist Financial Corporation (TFC) announced that Dontá L. Wilson, senior executive vice president and chief consumer and small business banking officer, will leave effective December 31, 2026. He is entitled to benefits for an involuntary separation not for cause, subject to executing and not revoking a release of claims and complying with applicable restrictive covenants.

D. Steve Boland will join Truist as vice chair, and Jeff Warner will join as chief small business banking officer. Shimna Sameer will become chief consumer banking officer. Jeff Dunn and Bryan Cram will act as interim co-heads of Truist Wealth, reporting to Chief Wholesale Banking Officer Kristin Lesher. Boland, Sameer, and Warner will report to President and Chief Executive Officer Mike Lyons.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Wilson departure effective date: December 31, 2026 Boland financial services experience: More than three decades Sameer banking and wealth experience: More than 20 years +1 more

4 metrics

Wilson departure effective date December 31, 2026 Effective date announced for Dontá L. Wilson's departure

Boland financial services experience More than three decades Experience stated for D. Steve Boland

Sameer banking and wealth experience More than 20 years Experience stated for Shimna Sameer

Warner client and operations experience More than 25 years Experience stated for Jeff Warner

Key Terms

core deposits, primary banking relationships, involuntary separation not for cause, restrictive covenants

4 terms

core deposits financial

"growing core deposits"

Core deposits are the stable, everyday customer balances a bank keeps—like checking and savings accounts and regular business deposits—that are unlikely to be withdrawn suddenly. Think of them as a household’s paycheck direct-deposits: predictable, low-cost funding the bank can rely on. For investors, a larger share of core deposits means steadier cash available, lower borrowing needs and interest expenses, and therefore more predictable earnings and lower risk.

primary banking relationships financial

"deepening primary banking relationships"

involuntary separation not for cause regulatory

"benefits for an involuntary separation not for cause"

restrictive covenants regulatory

"compliance with applicable restrictive covenants"

Restrictive covenants are contract terms that limit what a company, its executives, or shareholders can do—like rules that prohibit selling stock, starting a rival business, or taking on certain debts. Think of them as house rules that protect one party’s interests by keeping risky or competitive actions off the table. For investors they matter because these limits affect a company’s flexibility, governance, potential future value and the ease of exiting an investment.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is leaving Truist (TFC), and when?

Dontá L. Wilson, Truist's senior executive vice president and chief consumer and small business banking officer, will leave effective December 31, 2026. He is entitled to benefits for an involuntary separation not for cause, subject to executing and not revoking a release of claims and complying with applicable restrictive covenants.

Who are the new banking leaders at Truist (TFC)?

D. Steve Boland will join as vice chair, Shimna Sameer will become chief consumer banking officer, and Jeff Warner will join as chief small business banking officer. Jeff Dunn and Bryan Cram will act as interim co-heads of Truist Wealth. Boland, Sameer, and Warner will report to President and CEO Mike Lyons; Dunn and Cram will report to Chief Wholesale Banking Officer Kristin Lesher.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/16/2026 - 07:12 AM EDT Accepted by SEC EDGAR 10/16/2026 - 07:12 AM EDT Learn about SEC filing dates

TRUIST FINANCIAL CORP 5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock false 0000092230 0000092230 2026-10-14 2026-10-14 0000092230 us-gaap:CommonStockMember 2026-10-14 2026-10-14 0000092230 tfc:SeriesIPreferredStockMember 2026-10-14 2026-10-14 0000092230 tfc:SeriesJPreferredStockMember 2026-10-14 2026-10-14 0000092230 tfc:SeriesOPreferredStockMember 2026-10-14 2026-10-14 0000092230 tfc:SeriesRPreferredStockMember 2026-10-14 2026-10-14

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

October 14, 2026

Date of Report (Date of earliest event reported)

Truist Financial Corporation

(Exact name of registrant as specified in its charter)

Commission file number: 1-10853

North Carolina		56-0939887
(State or other jurisdiction of incorporation)		(I.R.S. Employer Identification No.)

214 North Tryon Street Charlotte, North Carolina		28202
(Address of principal executive offices)		(Zip Code)

(844) 487-8478

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $5 par value		TFC		New York Stock Exchange
Depositary Shares each representing 1/4,000th interest in a share of Series I Perpetual Preferred Stock		TFC.PI		New York Stock Exchange
5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock		TFC.PJ		New York Stock Exchange
Depositary shares each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock		TFC.PO		New York Stock Exchange
Depositary Shares each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred Stock		TFC.PR		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 16, 2026, Truist Financial Corporation (“Truist”) announced that Dontá L. Wilson, Senior Executive Vice President and Chief Consumer and Small Business Banking Officer, will be leaving Truist effective December 31, 2026. Mr. Wilson is entitled to the benefits for an involuntary separation not for cause, as previously disclosed in Truist’s proxy statement for its 2026 annual meeting of shareholders, subject to his execution and non-revocation of a release of claims and compliance with applicable restrictive covenants.

Item 7.01 Regulation FD Disclosure.

A copy of the press release announcing the departure, dated October 16, 2026, is furnished as Exhibit 99.1. The press release attached hereto as Exhibit 99.1 is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such information may only be incorporated by reference into another filing under the Exchange Act or the Securities Act of 1933, as amended, if such subsequent filing specifically references Section 7.01 of this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description of Exhibit
99.1		Press Release dated October 16, 2026
104		The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TRUIST FINANCIAL CORPORATION
(Registrant)
By:		/s/ Cynthia B. Powell
Name:		Cynthia B. Powell
Title:		Executive Vice President and Corporate Controller (Principal Accounting Officer)

Date: October 16, 2026

Exhibit 99.1

Truist announces leadership appointments

Executive appointments enhance Truist’s leadership depth as the company sharpens its strategic priorities and invests for its next phase of growth

CHARLOTTE, N.C., Oct. 16, 2026 — Truist Financial Corporation (NYSE: TFC) today announced executive leadership appointments to complement the bank’s existing team as it focuses on its next phase of growth.

The appointments build on Truist’s strengths in consumer and small business banking and support the company’s continued focus on growing core deposits, deepening primary banking relationships and investing in the capabilities that serve clients.

“Truist has all the ingredients to become one of the top-performing banks in the country, and these executive appointments will help ensure we have the leadership depth, organization structure and accountability to execute with discipline,” said Mike Lyons, president and chief executive officer.

Leadership Appointments

D. Steve Boland will join Truist as vice chair, working across the company to help advance the bank’s strategic agenda and support execution of the highest-priority initiatives. Boland brings more than three decades of financial services experience to Truist. Prior to retiring from Bank of America in 2025, Boland was chief administrative officer of the company and was previously president of Retail Banking.

Shimna Sameer, who Truist previously announced would join to lead Truist Wealth, will become chief consumer banking officer. Prior to joining Truist, Sameer spent more than 20 years in key consumer banking, wealth management and private banking roles at Bank of America. She will lead Truist’s efforts to grow core deposits, deepen primary banking relationships and strengthen the client experience and capabilities that support them. Jeff Dunn, head of Truist Private Banking, Specialty Wealth & Institutional, and Bryan Cram, head of Truist Wealth Brokerage, will act as co-heads of Truist Wealth on an interim basis, reporting to Chief Wholesale Banking Officer Kristin Lesher.

Jeff Warner will join Truist as chief small business banking officer. Warner joins from PNC Financial Services Group, where he spent more than 25 years serving small business, corporate and public finance clients and leading large-scale operations teams. Most recently, Warner served as head of small business for PNC.

“We have tremendous strengths, including deep client relationships, an attractive branch footprint, talented teammates and businesses with significant potential. These leaders have demonstrated track records driving growth and operational excellence,” said Lyons.

Boland, Sameer and Warner will each report to Lyons.

Dontá Wilson, Truist’s chief consumer and small business banking officer, will be leaving the bank. Truist is grateful for Dontá’s leadership, how he has positioned the business and the many contributions he has made to the company and its communities.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EX-99.1 4.6 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 14.0 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 23.5 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 15.0 KB