TRUIST (TFC) Director Boyer K. David Jr. Receives RSU Award (4,027)

What Happened

• Director Boyer K. David Jr. received a grant/award (transaction code A) of 4,027 restricted stock units (RSUs) on 2026-02-24. The shares were reported at $0.00 per share (standard for awards); no immediate cash value was exchanged. The RSUs cliff vest on December 31, 2026 (footnote F1).

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
• Amount granted: 4,027 RSUs; reported acquisition price: $0.00.
• Vesting: Cliff vests on December 31, 2026 (F1).
• Additional note: Filing references 25.789 shares acquired under the issuer’s Dividend Reinvestment Plan in Dec 2025 (F2).
• Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for total beneficial ownership.
• Transaction type: Award/Grant (A). No sale, tax-withholding sale, or 10b5-1 plan was reported in this entry.

Context

• RSU grants are a common form of executive/director compensation and vesting is typically time-based; they are not an open-market purchase and do not by themselves indicate an insider buying stock as a bullish signal. These RSUs will convert to shares only if/when they vest on the stated date, and any subsequent sale or withholding would be reported separately.