Truist director granted 4,027 shares in stock award
Truist Financial Corp director David K. Boyer Jr. received an equity award rather than buying shares on the market.
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Rhea-AI Filing Summary
Truist Financial Corp director David K. Boyer Jr. received an equity award rather than buying shares on the market. On February 24, 2026, he acquired 4,027 shares of common stock at a stated price of $0.00 per share as a grant or award, bringing his directly held stake to 14,205.673 shares.
According to a footnote, the award is in the form of Restricted Stock Units that cliff vest on December 31, 2026, meaning the units vest all at once on that date. A separate line shows 4,070.94 common shares held indirectly in a trust, reflecting ongoing indirect ownership rather than a new transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,027 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Grant of Restricted Stock Units which cliff vest on December 31, 2026.
- F2. Includes 25.789 shares acquired in December 2025 under the Issuer's Dividend Reinvestment Plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Truist Financial (TFC) director David K. Boyer Jr. report on this Form 4?
Was the Truist Financial (TFC) Form 4 transaction a market purchase or a stock grant?
When do the Restricted Stock Units granted to the Truist Financial (TFC) director vest?
What indirect Truist Financial (TFC) holdings are shown for the director on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.