Truist exec reports tax withholding, RSU holdings
Truist Financial Corp executive Kristin Lesher, Chief Wholesale Banking Officer, reported a routine tax-withholding disposition of 7,433 shares of common stock on March 13, 2026 at $43.83 per share.
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Rhea-AI Filing Summary
Truist Financial Corp executive Kristin Lesher, Chief Wholesale Banking Officer, reported a routine tax-withholding disposition of 7,433 shares of common stock on March 13, 2026 at $43.83 per share. These shares were withheld to satisfy tax obligations tied to equity compensation and were not an open-market sale.
After this transaction, Lesher directly owns 71,520 shares of Truist common stock. She also holds several restricted stock unit (RSU) awards, each representing a right to receive one share of common stock, vesting in equal annual installments between March 15, 2027 and March 15, 2030.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,433 | $43.83 | $326K |
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Restricted Stock Units | -- | -- | -- |
Footnotes (3)
- F1. On February 24, 2025, the reporting person was granted 39,038 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.
- F2. On February 28, 2025, the reporting person was granted 1,947 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.
- F3. On February 23, 2026, the reporting person was granted 37,138 restricted stock units, vesting in three equal annual 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.
FAQ
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What did Truist Financial (TFC) executive Kristin Lesher report in this Form 4?
Was Kristin Lesher buying or selling Truist (TFC) stock in this transaction?
What restricted stock units does Kristin Lesher hold in Truist Financial (TFC)?
Does this Truist (TFC) Form 4 indicate a major change in insider ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.