Truist Financial (NYSE: TFC) director receives 4,027 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRUIST FINANCIAL CORP director Jonathan Pruzan reported an equity award of 4,027 shares of common stock on a Form 4. The filing describes this as a grant of Restricted Stock Units that cliff vest on December 31, 2026.
Following this grant or award acquisition, Pruzan directly holds 6,724 shares of Truist common stock. The transaction carried a stated price of $0.00 per share, consistent with a compensatory stock unit grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRUZAN JONATHAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,027 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,724 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Truist Financial (TFC) director Jonathan Pruzan report?
Jonathan Pruzan reported receiving a grant of 4,027 shares of Truist common stock. The filing classifies this as a grant or award acquisition, reflected as Restricted Stock Units that will vest later rather than as an open-market stock purchase.
What type of equity award did Jonathan Pruzan receive from Truist Financial (TFC)?
Jonathan Pruzan received a grant of Restricted Stock Units tied to Truist common stock. The Form 4 identifies the transaction code as a grant, award, or other acquisition, and notes that these units cliff vest on a future date rather than vesting gradually.
When do Jonathan Pruzan’s Restricted Stock Units from Truist Financial (TFC) vest?
The Restricted Stock Units granted to Jonathan Pruzan cliff vest on December 31, 2026. Cliff vesting means the entire award becomes vested at that single date, as described in the Form 4 footnote, instead of vesting in multiple incremental installments.
Is Jonathan Pruzan’s Truist Financial (TFC) transaction classified as a buy or an award?
The transaction is classified as a grant, award, or other acquisition rather than a market buy. The Form 4 uses transaction code A, and the normalized data describe it as a grant or award acquisition of Restricted Stock Units settling in common stock.