Truist (NYSE: TFC) CAO gains RSUs and performance stock awards
Rhea-AI Filing Summary
Truist Financial Corp executive Cynthia B. Powell, the Corporate Controller and Chief Accounting Officer, reported equity awards and related share activity. She received a grant of 7,386 restricted stock units on February 23, 2026, which will vest in four equal installments from March 15, 2027 through March 15, 2030.
In addition, performance-based awards previously granted in 2022, 2023, and 2024 met their respective criteria, resulting in Powell acquiring 1,782, 2,298, and 3,186 shares of common stock, all at a price of $0.00 per share. The filing also notes directly held restricted stock units totaling 7,472 and indirectly held 401(k) shares of 6,766.604 as of the latest plan statements.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,386 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,782 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,298 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,186 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. On February 22, 2022, the reporting person was granted 5,347 restricted stock units, which shall vest and become earned in 1/3 increments over three years based on certain performance criteria for each vesting period ending March 15, 2024, 2025, and 2026. The performance criteria for the third increment were met, resulting in 1,782 restricted stock units being earned.
- F2. On February 27, 2023, the reporting person was granted 6,894 restricted stock units, which shall vest and become earned in 1/3 increments over three years based on certain performance criteria for each vesting period ending March 15, 2025, 2026, and 2027. The performance criteria for the second increment were met, resulting in 2,298 restricted stock units being earned.
- F3. On February 26, 2024, the reporting person was granted 9,556 restricted stock units, which shall vest and become earned in 1/3 increments over three years based on certain performance criteria for each vesting period ending March 15, 2026, 2027, and 2028. The performance criteria for the first increment were met, resulting in 3,186 restricted stock units being earned.
- F4. Includes 42.811 shares acquired between January 1, 2026 through February 19, 2026 under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2026 through February 19, 2026.
- F5. On February 23, 2026, the reporting person was granted 7,386 restricted stock units, vesting in four equal installments on March 15, 2027, 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.
- F6. On February 24, 2025, the reporting person was granted 7,719 RSUs. Each RSU represents a right to receive one share of TFC common stock. The remaining RSUs vest as follows: 1,929 on March 15, 2026, 1,930 on each of March 15, 2027 and March 15, 2028, and 1,683 on March 15, 2029.
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