Truist director granted 4,027 restricted stock units
Truist Financial Corp director Linnie M. Haynesworth received an equity award tied to board service.
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Rhea-AI Filing Summary
Truist Financial Corp director Linnie M. Haynesworth received an equity award tied to board service. On February 24, 2026, Haynesworth acquired 4,027 restricted stock units at $0.00 per unit under the 2022 Incentive Plan.
According to the disclosure, a deferral election sends this award into the Non-Employee Directors' Deferred Compensation Plan, with payout in Truist common shares beginning after Haynesworth leaves the Board. Each restricted stock unit converts into one share of common stock. Following this grant, Haynesworth directly holds 23,542 restricted stock units and 2,923 common shares, with the common stock total including shares accumulated through dividend reinvestment since the last reported transaction.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Truist Financial (TFC) director Linnie M. Haynesworth receive in this Form 4 filing?
How will Linnie M. Haynesworth’s restricted stock units from Truist Financial (TFC) be paid out?
How many Truist Financial (TFC) restricted stock units does Linnie M. Haynesworth hold after this grant?
What does the Truist Financial (TFC) Form 4 say about Linnie M. Haynesworth’s common stock holdings?
Was the Truist Financial (TFC) equity award to Linnie M. Haynesworth a cash purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.