Truist director granted 4,027 RSUs in Form 4
PATTON CHARLES A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
PATTON CHARLES A reported acquisition or exercise transactions in this Form 4 filing.
Truist Financial Corp director Charles A. Patton reported an equity award and updated holdings. He was granted 4,027 restricted stock units on February 24, 2026, bringing his restricted stock unit balance to 23,542. Direct common stock holdings total 52,755.338 shares, with additional indirect holdings through his spouse, family trusts, and deferred compensation, some of which reflect dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,027 shares
Grant/Award
9 txns
Insider
PATTON CHARLES A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,027 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares Series I | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 23,542 contracts (Direct);
Common Stock — 52,755.338 shares (Direct);
Common Stock — 20,134 shares (Indirect, By Spouse);
Common Stock — 188.747 shares (Indirect, By Trust for Son);
Common Stock — 297.843 shares (Indirect, By Trust for Daughter - Rebecca);
Common Stock — 297.843 shares (Indirect, By Trust for Daughter - Lindsey);
Common Stock — 636 shares (Indirect, By Trust);
Depositary Shares Series I — 5,000 shares (Direct);
Common Stock — 1,484 shares (Indirect, By Deferred Compensation)
Footnotes (5)
- F1. Includes 753.082 shares acquired between January 2025 through December 2025 under the Issuer's Dividend Reinvestment Plan.
- F2. Includes 3.577 shares acquired between January 2025 through December 2025 under the Issuer's Dividend Reinvestment Plan.
- F3. Includes 2.500 shares acquired between January 2025 through December 2025 under the Issuer's Dividend Reinvestment Plan.
- F4. Represents restricted stock units granted under the Truist Financial Corporation 2022 Incentive Plan, as amended, for which a deferral election has been made pursuant to the Truist Financial Corporation Amended and Restated Non-Employee Directors' Deferred Compensation Plan. Payments in the form of shares of common stock commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.
- F5. Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Truist Financial (TFC) director Charles A. Patton report?
Charles A. Patton reported receiving a grant of 4,027 restricted stock units on February 24, 2026. The award was granted at no stated price per unit and increases his deferred equity compensation tied to Truist Financial common stock.
How many restricted stock units does Charles A. Patton hold after this Truist (TFC) grant?
After the February 24, 2026 award, Charles A. Patton holds 23,542 restricted stock units. These units were granted under Truist’s 2022 Incentive Plan and are subject to a deferral election, converting into common shares on a one-for-one basis following his departure from the board.
What are Charles A. Patton’s direct common stock holdings in Truist Financial (TFC)?
Following the reported transactions, Charles A. Patton directly holds 52,755.338 shares of Truist Financial common stock. Footnotes indicate part of this position includes shares accumulated between January and December 2025 through the company’s Dividend Reinvestment Plan.
What indirect Truist Financial (TFC) holdings are associated with Charles A. Patton?
Indirect holdings include 20,134 common shares held by his spouse and smaller amounts held in trusts for his son and daughters, another trust, and deferred compensation. These positions are reported as indirect beneficial ownership, reflecting family and compensation-related accounts.
How do Truist Financial (TFC) dividend reinvestments affect Charles A. Patton’s reported shares?
Footnotes state that certain positions include shares acquired through dividend reinvestment between January and December 2025. The Dividend Reinvestment Plan automatically uses cash dividends to buy additional Truist common shares, gradually increasing reported holdings over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
