Truist CFO awarded new RSUs and stock grants
Truist Financial Corp’s Chief Financial Officer Michael Baron Maguire reported multiple equity awards and vesting events.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Truist Financial Corp’s Chief Financial Officer Michael Baron Maguire reported multiple equity awards and vesting events. On February 23, 2026, he received 23,931 restricted stock units (RSUs), each representing one future share of TFC common stock, vesting in three equal installments in 2028, 2029, and 2030.
Performance goals were also met for prior RSU grants. This resulted in Maguire earning 2,729, 6,583, and 8,988 shares of Truist common stock tied to awards originally granted in 2022, 2023, and 2024. Following these acquisitions, he directly owns 92,623.197 shares of common stock and 23,931 RSUs, along with additional RSU holdings from earlier 2025 grants.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 23,931 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,729 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,583 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 8,988 | $0.00 | $0.00 |
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Restricted Stock Units | -- | -- | -- |
Footnotes (6)
- F1. On February 22, 2022, the reporting person was granted 8,189 restricted stock units, which shall vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2024, 2025, and 2026. The performance criteria for the third increment were met, resulting in 2,729 restricted stock units being earned.
- F2. On February 27, 2023, the reporting person was granted 19,749 restricted stock units, which shall vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2025, 2026, and 2027. The performance criteria for the second increment were met, resulting in 6,583 restricted stock units being earned.
- F3. On February 26, 2024, the reporting person was granted 26,962 restricted stock units, which shall vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2026, 2027, and 2028. The performance criteria for the first increment were met, resulting in 8,988 restricted stock units being earned.
- F4. On February 23, 2026, the reporting person was granted 23,931 restricted stock units, vesting in three equal installments on March 15, 2028, March 15, 2029, and March 15, 2030. Each restricted stock unit represents a right to receive one share of TFC common stock.
- F5. On February 24, 2025, the reporting person was granted 25,165 restricted stock units, vesting in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock.
- F6. On February 28, 2025, the reporting person was granted 1,245 restricted stock units, vesting in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Truist Financial (TFC) report for its CFO?
How many new restricted stock units did the Truist (TFC) CFO receive?
What is the Truist (TFC) CFO’s common stock ownership after these transactions?
How do the Truist (TFC) CFO’s 2025 RSU grants vest over time?
What role does Michael Baron Maguire hold at Truist Financial (TFC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.