Truist CEO buys 21,000 shares at $48.36
Truist Financial’s President & CEO reported an open-market purchase of 21,000 TFC shares and detailed sizable unvested RSU awards.
Rhea-AI Filing Summary
TRUIST FINANCIAL CORP (TFC) reports that President & CEO Michael P. Lyons purchased 21,000 shares of common stock on September 17, 2026, in an open market or private transaction at a weighted average price of $48.3608 per share, bringing his directly held common stock to 21,000 shares. The price reflects trades within a range of $48.33 to $48.375 per share, and no Rule 10b5-1 trading plan is reported.
The filing also lists previously granted restricted stock units: 84,951 units granted on September 1, 2026 that vest in one-third increments on March 15, 2028, 2029, and 2030, and 266,990 units granted on September 1, 2026 that vest in three equal installments on September 1, 2027, 2028, and 2029. Each restricted stock unit represents a right to receive one share of TFC common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 21,000 shares
Net Buy
3 txns
Insider
Lyons Michael P.
Role
President & CEO
Bought
21,000 shs ($1.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 21,000 | $48.3608 | $1.02M |
| holding | Restricted Stock Units F2 | -- | -- | -- |
| holding | Restricted Stock Units F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,000 shares (Direct);
Restricted Stock Units — 351,941 contracts (Direct)
Footnotes (3)
- F1. The price in Column 4 is a weighted average price. The prices actually paid ranged from $48.3300 to $48.3750. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- F2. 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.
- F3. 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
Shares purchased: 21,000 shares
Weighted average purchase price: $48.3608 per share
Purchase price range: $48.33–$48.375 per share
+3 more
6 metrics
Shares purchased
21,000 shares
Common stock bought by the President & CEO on September 17, 2026
Weighted average purchase price
$48.3608 per share
For the 21,000 TFC shares purchased on September 17, 2026
Purchase price range
$48.33–$48.375 per share
Range of prices actually paid within the reported weighted average
Direct common shares after transaction
21,000 shares
Directly held by Michael P. Lyons after the reported purchase
RSUs grant 1 underlying shares
84,951 shares
Restricted stock units granted September 1, 2026, vesting 2028–2030
RSUs grant 2 underlying shares
266,990 shares
Restricted stock units granted September 1, 2026, vesting 2027–2029
Key Terms
Restricted Stock Units, weighted average price, vesting
3 terms
Restricted Stock Units financial
"the reporting person was granted 84,951 restricted stock units, vesting in one-third"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vesting financial
"restricted stock units, vesting in one-third increments on March 15, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TFC President & CEO Michael P. Lyons report?
He purchased 21,000 shares of Truist Financial (TFC) common stock on September 17, 2026 in an open market or private transaction, at a weighted average price of $48.3608 per share, with actual prices ranging from $48.33 to $48.375.
What restricted stock units linked to TFC common stock does the CEO have from the September 1, 2026 grants?
He has 84,951 restricted stock units vesting in one-third increments on March 15, 2028, 2029, and 2030, and 266,990 restricted stock units vesting in three equal installments on September 1, 2027, 2028, and 2029. Each unit equals one TFC share upon settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
