Truist CEO granted 351,941 RSUs in equity awards
Truist Financial’s President & CEO received two multi-year restricted stock unit awards tied to future vesting dates.
Rhea-AI Filing Summary
TRUIST FINANCIAL CORP (symbol: TFC) is the issuer of record for a Form 4 filing submitted to the SEC. Lyons Michael P. reported acquisition or exercise transactions in this Form 4 filing.
TRUIST FINANCIAL CORP (TFC) reported that President & CEO and director Michael P. Lyons received two equity awards on September 1, 2026. He was granted 84,951 restricted stock units vesting in one-third increments on March 15, 2028, March 15, 2029, and March 15, 2030, and 266,990 restricted stock units vesting in three equal installments on September 1, 2027, September 1, 2028, and September 1, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 84,951 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2 | 266,990 | $0.00 | $0.00 |
Footnotes (2)
- F1. On September 1, 2026, the reporting person was granted 84,951 restricted stock units, vesting in one-third increments 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.
- F2. On September 1, 2026, the reporting person was granted 266,990 restricted stock units, vesting in three equal installments on September 1, 2027, September 1, 2028, and September 1, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock.
Key Figures
Key Terms
Restricted Stock Units financial
vesting financial
TFC common stock financial
FAQ
What insider transactions did TFC report for Michael P. Lyons on this Form 4?
How many restricted stock units were granted to the TFC CEO in total?
What is the vesting schedule for the 84,951 TFC restricted stock units?
What is the vesting schedule for the 266,990 TFC restricted stock units?
Were these TFC restricted stock unit grants made under a Rule 10b5-1 plan?
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