Truist (NYSE: TFC) CRO receives grant of 17,293 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bender Bradley D reported acquisition or exercise transactions in this Form 4 filing.
Truist Financial Corp reported that Chief Risk Officer Bradley D. Bender received a grant of 17,293 restricted stock units on February 23, 2026. These units vest in three equal installments on March 15, 2028, March 15, 2029, and March 15, 2030. Each restricted stock unit represents the right to receive one share of Truist Financial (TFC) common stock, reflecting additional equity-based compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Bender Bradley D
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,293 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 17,293 shares (Direct);
Common Stock — 2,263 shares (Direct)
Footnotes (1)
- On February 23, 2026, the reporting person was granted 17,293 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. On February 22, 2022, the reporting person was granted 2,412 restricted stock units, vesting in three equal installments on March 15, 2024, March 15, 2025, and March 15, 2026. Each restricted stock unit represents a right to receive one share of TFC common stock. On February 27, 2023, the reporting person was granted 8,686 restricted stock units, vesting in three equal installments on March 15, 2025, March 15, 2026, and March 15, 2027. Each restricted stock unit represents a right to receive one share of TFC common stock. On June 1, 2023, the reporting person was granted 16,149 restricted stock units, which cliff vest on June 1, 2026. Each restricted stock unit represents a right to receive one share of TFC common stock. On February 26, 2024, the reporting person was granted 12,366 restricted stock units, vesting in three equal installments on March 15, 2026, March 15, 2027, and March 15, 2028. Each restricted stock unit represents a right to receive one share of TFC common stock. On February 24, 2025, the reporting person was granted 18,202 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. On February 28, 2025, the reporting person was granted 883 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
What insider transaction did Truist Financial (TFC) report for Bradley D. Bender?
Truist Financial reported that Chief Risk Officer Bradley D. Bender received a grant of 17,293 restricted stock units on February 23, 2026. This equity award is part of his compensation and does not represent an open-market stock purchase or sale.
How do the new restricted stock units for Truist (TFC) vest?
The 17,293 restricted stock units granted to Bradley D. Bender vest in three equal installments. Vesting dates are March 15, 2028, March 15, 2029, and March 15, 2030, aligning the executive’s compensation with longer-term Truist Financial performance and retention incentives.
What does each restricted stock unit granted at Truist Financial (TFC) represent?
Each restricted stock unit granted to Bradley D. Bender represents the right to receive one share of Truist Financial common stock. Once vested, these units convert into actual TFC shares, directly linking part of his compensation to the company’s share price and long-term value.
Is Bradley D. Bender’s Form 4 transaction at Truist (TFC) a stock purchase or sale?
The Form 4 reports an equity award, not a market trade. Bradley D. Bender acquired 17,293 restricted stock units as a grant, classified under a grant or award acquisition code, rather than buying or selling Truist Financial shares on the open market.
What role does Bradley D. Bender hold at Truist Financial (TFC)?
Bradley D. Bender serves as Chief Risk Officer at Truist Financial. The reported Form 4 transaction reflects part of his executive compensation, granting 17,293 restricted stock units that vest over several years and are tied to Truist’s common stock performance.