Truist Financial (NYSE: TFC) director sells 3,986 shares at $50.70
Rhea-AI Filing Summary
Boyer K. David Jr., a director of Truist Financial Corp, reported selling 3,986 shares of Common Stock on July 23, 2026 at $50.70 per share. After this sale, he held 10,270.342 shares directly, including 50.669 acquired through a Dividend Reinvestment Plan, and 4,070.94 shares held indirectly by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,986 shares
Net Sell
2 txns
Insider
Boyer K. David Jr.
Role
Director
Sold
3,986 shs ($202K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,986 | $50.70 | $202K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,270.342 shares (Direct);
Common Stock — 4,070.94 shares (Indirect, By Trust)
Footnotes (1)
- F1. Includes 50.669 shares acquired from March 2026 through June 2026 under the Issuer's Dividend Reinvestment Plan.
Key Figures
Shares sold: 3,986 shares
Sale price per share: $50.70
Direct holdings after sale: 10,270.342 shares
+2 more
5 metrics
Shares sold
3,986 shares
Common Stock sold by director on July 23, 2026
Sale price per share
$50.70
Per-share price for the 3,986 shares sold
Direct holdings after sale
10,270.342 shares
Direct Common Stock owned following the July 23, 2026 sale
Indirect holdings (trust)
4,070.94 shares
Common Stock held indirectly by trust after the reported transaction
Dividend Reinvestment Plan shares
50.669 shares
Portion of direct holdings acquired March–June 2026 under Dividend Reinvestment Plan
Key Terms
Dividend Reinvestment Plan, Common Stock, By Trust
3 terms
Dividend Reinvestment Plan financial
"shares acquired from March 2026 through June 2026 under the Issuer's Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
By Trust financial
"nature_of_ownership": "By Trust""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Truist Financial (TFC) director Boyer K. David Jr. report?
Boyer K. David Jr. reported selling 3,986 shares of Truist Financial Common Stock on July 23, 2026 at $50.70 per share. Following this transaction, he disclosed updated direct and indirect share holdings in the company.
What does the footnote about the Dividend Reinvestment Plan mean for Truist Financial (TFC)?
The footnote states that 50.669 shares in Boyer K. David Jr.’s direct holdings were acquired from March through June 2026 under Truist Financial’s Dividend Reinvestment Plan. This clarifies that a portion of his position came from automatic dividend reinvestments.
How are indirect holdings in Truist Financial (TFC) reported for Boyer K. David Jr.?
The Form 4 shows 4,070.94 shares of Truist Financial held indirectly by Boyer K. David Jr. with ownership described as “By Trust”. This indicates the shares are held through a trust rather than in his name directly.