Powell Cynthia B 4
4 · TRUIST FINANCIAL CORP · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Truist (TFC) Corp. Controller Cynthia B. Powell Sells 3,500 Shares
What Happened
Cynthia B. Powell, Truist Financial Corp.'s Corporate Controller & CAO, sold 3,500 shares of TFC in an open-market sale on February 2, 2026 at $52.49 per share, generating proceeds of $183,715. This transaction was a sale (disposition), which is commonly a routine liquidity event rather than a direct indicator of company outlook.
Key Details
- Transaction date and price: 2026-02-02 — sold 3,500 shares at $52.49 each (total $183,715).
- Transaction type: Open-market sale (code S).
- Filing date: Form 4 filed 2026-02-04 — appears timely for a Form 4 (filed within the typical two-business-day window).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes of note:
- F1: Includes 73.983 shares acquired between Oct 1, 2025 and Dec 31, 2025 under Truist’s 401(k) plan (based on plan statements from that period).
- F2: On Feb 24, 2025 Powell was granted 7,719 RSUs (each convertible to one share); remaining RSUs vest 3/15/2026 (1,929), 3/15/2027 (1,930), 3/15/2028 (1,930), and 3/15/2029 (1,683).
Context
This report documents a straightforward open-market sale by a senior finance executive. Sales by insiders can be routine (tax, diversification, personal liquidity) and do not by themselves signal a change in company fundamentals. The filing does not indicate a 10b5-1 trading plan or tax-withholding sale mechanics in the provided excerpt.
Insider Transaction Report
- Sale
Common Stock
2026-02-02$52.49/sh−3,500$183,715→ 667 total
- 6,723.793(indirect: By 401(k))
Common Stock
[F1] - 7,472
Restricted Stock Units
[F2]Exercise: $0.00From: 2026-03-15Exp: 2029-03-15→ Common Stock (7,472 underlying)
Footnotes (2)
- [F1]Includes 73.983 shares acquired between October 1, 2025 and December 31, 2025, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated October 1, 2025 through December 31, 2025.
- [F2]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.