Truist director granted 4,027 deferred RSUs
Truist Financial director Jennifer S. Banner received an equity award in the form of restricted stock units.
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Rhea-AI Filing Summary
Truist Financial director Jennifer S. Banner received an equity award in the form of restricted stock units. She acquired 4,027 restricted stock units on February 24, 2026 as a grant under the Truist Financial Corporation 2022 Incentive Plan.
The award has been deferred under the Non-Employee Directors' Deferred Compensation Plan, with payment in Truist common shares beginning after she leaves the board. These units convert into common stock on a one-for-one basis, bringing her total restricted stock units to 23,542. Her directly held common stock position is now 27,969 shares, including shares added through dividend reinvestment since the last report.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,027 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents restricted stock units granted under the Truist Financial Corporation 2022 Incentive Plan, as amended, for which a deferral election has been made pursuant to the Truist Financial Corporation Amended and Restated Non-Employee Directors' Deferred Compensation Plan. Payments in the form of shares of common stock commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.
- F2. Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
FAQ
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What did Truist Financial (TFC) director Jennifer Banner report on this Form 4?
How many restricted stock units does Jennifer Banner hold in Truist Financial (TFC) after this grant?
When will Jennifer Banner’s Truist (TFC) restricted stock units be paid out?
What is the conversion ratio for Jennifer Banner’s Truist (TFC) restricted stock units?
Was Jennifer Banner’s Truist (TFC) Form 4 transaction a market purchase or sale?
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