TRUIST FINANCIAL CORP·4

Feb 26, 2:30 PM ET

Haynesworth Linnie M 4

Research Summary

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Updated

Truist (TFC) Director Linnie Haynesworth Receives 4,027-Share Award

What Happened

  • Linnie M. Haynesworth, a member of the Board of Directors of Truist Financial Corporation (TFC), was granted 4,027 restricted stock units (RSUs) on 2026-02-24. The award was reported as a derivative grant (transaction code A) at $0.00 per share; the reported acquisition value is $0.
  • This grant represents director compensation rather than an open-market purchase or sale. The RSUs convert to common stock on a one-for-one basis and are payable in shares following the reporting person's departure from the Board.

Key Details

  • Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing within the standard reporting window).
  • Grant type/price: Award of 4,027 RSUs @ $0.00 (derivative).
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes: F1 — RSUs granted under the Truist 2022 Incentive Plan and deferred under the Non-Employee Directors' Deferred Compensation Plan; payout in shares begins after departure. F2 — note that prior share totals include dividend reinvestment since the last reported transaction.
  • Transaction code meaning: A = Award/Grant (non-cash compensation).

Context

  • Director RSU grants are routine compensation for non-employee directors and do not necessarily signal personal market views (they are not purchases). Because these RSUs are deferred and paid after board departure, they function as deferred compensation rather than immediately tradable stock.