Truist Financial (TFC) director receives 4,027 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRUIST FINANCIAL CORP director Laurence Stein reported an equity award. He acquired 4,027 shares of common stock on a grant or award basis at a price of $0.00 per share, described in the footnote as restricted stock units that cliff vest on December 31, 2026.
After this award, his directly held common stock position is 11,216 shares. The filing characterizes the transaction as an acquisition related to a grant or award rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STEIN LAURENCE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,027 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,216 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Laurence Stein report for TRUIST FINANCIAL CORP (TFC)?
Laurence Stein reported receiving an equity award of Truist Financial common stock. The Form 4 lists an acquisition of 4,027 shares as a grant or award, rather than an open-market purchase, increasing his directly owned stake to 11,216 shares after the transaction.
When do Laurence Stein’s Truist Financial restricted stock units vest?
The footnote states the award consists of restricted stock units that cliff vest on December 31, 2026. Cliff vesting means the entire grant becomes vested on that single date, rather than gradually over time, if the specified vesting conditions are satisfied by that date.
Was Laurence Stein’s Truist Financial Form 4 transaction a stock purchase or an award?
The transaction is an award, not a market purchase. It is coded as a grant, award, or other acquisition at $0.00 per share, and the footnote clarifies it represents restricted stock units that will cliff vest on December 31, 2026, rather than shares bought in the market.