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Truist (NYSE: TFC) executive uses 10,204 shares to cover tax liability

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Truist Financial Corp executive Donta L. Wilson reported a routine tax-withholding transaction. On March 13, 2026, 10,204 shares of common stock were disposed of at $43.83 per share to cover tax obligations, not as an open-market sale. After this, he directly holds 69,289.099 common shares and indirectly holds 7,087.951 shares through a 401(k) plan. Wilson also holds several restricted stock unit awards that each convert into one share of common stock as they vest between 2027 and 2030.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wilson Donta L

(Last) (First) (Middle)
214 N. TRYON STREET

(Street)
CHARLOTTE NC 28202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRUIST FINANCIAL CORP [ TFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Consumer & SB BK Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/13/2026 F 10,204 D $43.83 69,289.099 D
Common Stock 7,087.951(1) I By 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) (2) (2) Common Stock 27,955 27,955 D
Restricted Stock Units (3) (3) (3) Common Stock 1,499 1,499 D
Restricted Stock Units (4) (4) (4) Common Stock 26,691 26,691 D
Explanation of Responses:
1. Includes 177.721 shares acquired between February 20, 2026 and March 13, 2026, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated February 20, 2026 and March 13, 2026.
2. On February 24, 2025, the reporting person was granted 27,955 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.
3. On February 28, 2025, the reporting person was granted 1,499 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.
4. On February 23, 2026, the reporting person was granted 26,691 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.
Carla Brenwald, Attorney-in-fact 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Truist (TFC) executive Donta L. Wilson report in this Form 4 filing?

Donta L. Wilson reported a tax-related share disposition, not an open-market sale. On March 13, 2026, 10,204 Truist common shares were withheld at $43.83 per share to satisfy tax obligations, while he retained sizeable direct, indirect, and restricted stock unit holdings in TFC.

How many Truist (TFC) shares were used to cover taxes for Donta L. Wilson?

The filing shows 10,204 Truist common shares were disposed of to cover tax liabilities. The shares were valued at $43.83 per share. This transaction is coded as an F event, meaning payment of a tax liability by delivering securities rather than a discretionary market sale.

What are Donta L. Wilson’s remaining Truist (TFC) share holdings after this transaction?

After the tax-withholding disposition, Wilson directly holds 69,289.099 Truist common shares. He also indirectly holds 7,087.951 common shares through the issuer’s 401(k) plan. These positions remain in addition to multiple restricted stock unit awards that can convert into common stock in future years.

What restricted stock units does Donta L. Wilson hold in Truist (TFC)?

Wilson holds several restricted stock unit grants tied to Truist common stock. Footnotes show awards of 27,955 units and 1,499 units granted in February 2025, vesting in three installments in 2027, 2028, and 2029, plus 26,691 units granted in February 2026 vesting in 2028, 2029, and 2030.

Is the Form 4 transaction for Truist (TFC) executive Donta L. Wilson a stock sale?

The transaction is not an open-market stock sale. It is classified as an F-code tax-withholding disposition, where 10,204 shares were delivered at $43.83 per share to satisfy tax obligations associated with equity compensation, while Wilson maintained substantial remaining share and restricted unit holdings.
Truist Finl Corp

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