TRUIST FINANCIAL CORP·4

Mar 17, 3:40 PM ET

Maguire Michael Baron 4

Research Summary

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Truist (TFC) CFO Michael Maguire Sells 7,951 Shares (Tax Withholding)

What Happened
Michael Maguire, Chief Financial Officer of Truist Financial Corp (TFC), had 7,951 shares disposed (withheld) on March 13, 2026 to satisfy a tax obligation. The shares were valued at $43.83 each, for a total of $348,492. This was a withholding-for-tax transaction (code F), not an open-market sale.

Key Details

  • Transaction date: March 13, 2026; Filing date (Form 4): March 17, 2026 — filing appears timely.
  • Disposition: 7,951 shares withheld/disposed at $43.83 per share; total value $348,492. (Transaction code F = tax withholding)
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: Filing lists several restricted stock unit (RSU) grants to Maguire (Feb 24, 2025; Feb 28, 2025; Feb 23, 2026) with vesting in future years (2027–2030). The Form 4 does not specify which award triggered the withholding.
  • Filing status: No late filing indicated.

Context
Tax-withholding dispositions are routine administrative actions when equity awards vest or settle; they do not represent an open-market sale or necessarily signal a change in the insider’s view of the company. The referenced footnotes document outstanding RSU grants that vest in future periods; the filing does not tie the withheld shares to a specific grant in the excerpt provided.