Bender Bradley D 4

What Happened

• Bradley D. Bender, Chief Risk Officer of Truist Financial Corp (TFC), had 2,604 restricted stock units (RSUs) convert into 2,604 shares on February 13, 2026 (reported as an exercise/conversion of a derivative — code M). To satisfy tax withholding, 841 of those shares were disposed/sold at $51.90 each, generating $43,648 (code F). The conversion shows an effective acquisition price of $0.00 per share because these were RSUs, not option purchases.

Key Details

• Transaction date: February 13, 2026.
• Conversion: 2,604 RSUs → 2,604 shares (reported at $0.00 per share; code M).
• Tax withholding sale: 841 shares sold at $51.90 each for $43,648 (code F).
• Shares owned after transaction: not specified in the filing.
• Footnotes: Several prior RSU grants are listed (2022–2025) with scheduled vesting through 2029; the converted shares came from vested RSUs (see footnotes F1–F7 in the filing).
• Filing timeliness: Form was filed Feb 18, 2026 for a Feb 13 transaction — appears to be filed after the typical two-business-day window (i.e., late by one business day).

Context

• This was a routine RSU vesting and tax-withholding transaction, not an open-market purchase or a direct investment signal. RSUs convert to shares (no cash exercise price), and companies commonly sell or withhold shares to cover required tax withholding. Such transactions are typically administrative and do not necessarily indicate the insider’s market view.