Powell Cynthia B 4

4 · TRUIST FINANCIAL CORP · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Truist (TFC) Controller Cynthia Powell Receives RSUs; Shares Withheld

What Happened

Cynthia B. Powell, Truist Financial Corp. (TFC) Corporate Controller & CAO, had restricted stock units (RSUs) convert to 1,929 shares on March 13, 2026 (reported as a derivative exercise/ conversion). To satisfy tax withholding, 2,476 shares were surrendered/withheld at $43.83 per share, totaling $108,523. The filing shows the conversion and the related withholding rather than an open-market sale.

Key Details

Transaction date: March 13, 2026.
Conversion/vesting: 1,929 shares acquired (derivative exercise/conversion) at $0.00 (RSU vesting).
Tax withholding: 2,476 shares disposed at $43.83 each for a total of $108,523 (code F = tax withholding).
Additional filing line: a derivative-related line for 1,929 shares is included in the report (related to the RSU conversion).
Shares owned after transaction: not specified in the provided summary; the filing notes 228.466 shares were acquired under the issuer’s 401(k) plan between Feb 20–Mar 13, 2026 (footnote).
Timeliness: Report filed 2026-03-17 for a 2026-03-13 transaction — appears timely (Form 4 is due within two business days).

Context

This was RSU vesting (derivative conversion) with a “sell-to-cover” style withholding to satisfy tax obligations, not an open-market sale or independent bearish trade. Such withholding is routine following a grant vesting. The filing also references prior and recent RSU grants (F1 and F3) and ongoing future vesting schedules.

Form 4

Period: 2026-03-13

Corp. Controller & CAO

Transactions

Exercise/Conversion
Common Stock
2026-03-13+1,929→ 9,862 total
Tax Payment
Common Stock
2026-03-13$43.83/sh−2,476$108,523→ 7,386 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-03-13−1,929→ 5,543 total
→ Common Stock (1,929 underlying)

Holdings

Footnotes (3)

[F1]On February 24, 2025, the reporting person was granted 7,719 RSUs. Each RSU represents a right to receive one share of TFC common stock. The remaining RSUs vest as follows: 1,929 on March 15, 2026, 1,930 on each of March 15, 2027 and March 15, 2028, and 1,683 on March 15, 2029.
[F2]Includes 228.466 shares acquired between February 20, 2026 through March 13, 2026, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated February 20, 2026 through March 13, 2026.
[F3]On February 23, 2026, the reporting person was granted 7,386 restricted stock units, vesting in four equal installments on March 15, 2027, March 15, 2028, March 15, 2029, and March 15, 2030. Each restricted stock unit represents a right to receive one share of TFC common stock.

Signature

Carla Brenwald, Attorney-in-fact|2026-03-17

1 file