PATTON CHARLES A 4

What Happened Charles A. Patton, a member of Truist Financial Corporation’s Board of Directors, was granted 4,027 derivative shares on February 24, 2026. The award is reported at $0.00 per share (a non‑cash grant) and represents restricted stock units (RSUs) rather than an open‑market purchase or sale. These RSUs were granted as compensation and do not reflect a cash investment by the director.

Key Details

• Transaction date and type: 2026-02-24 — Grant/Award of 4,027 RSUs reported at $0.00 per share.
• Filing date: Form 4 filed 2026-02-26 (timely filing for a Feb 24 transaction).
• Shares owned after transaction: Not specified in the excerpt; see the full Form 4 for total beneficial ownership.
• Important footnote (F4): These are restricted stock units under the Truist Financial Corporation 2022 Incentive Plan, deferred under the Truist Amended and Restated Non‑Employee Directors' Deferred Compensation Plan. Payments in shares commence after the reporting person's departure from the Board; RSUs convert to common stock on a one‑for‑one basis.
• Other footnotes (F1–F3, F5): Note that portions of reported holdings include shares acquired via dividend reinvestment during 2025.

Context This transaction is a routine director compensation award (RSUs) and not an open‑market buy or sale. RSUs are derivatives that typically convert to common shares at vesting or upon specified events (here, payout begins after board departure). Such awards are common for non‑employee directors and don’t by themselves indicate a buy or sell signal in the market. For full details (total holdings, vesting schedule, and related disclosures), consult the linked Form 4 filing (Accession: 0001566014-26-000002).