Truist (NYSE: TFC) executive uses 10,204 shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Truist Financial Corp executive Donta L. Wilson reported a routine tax-withholding transaction. On March 13, 2026, 10,204 shares of common stock were disposed of at $43.83 per share to cover tax obligations, not as an open-market sale. After this, he directly holds 69,289.099 common shares and indirectly holds 7,087.951 shares through a 401(k) plan. Wilson also holds several restricted stock unit awards that each convert into one share of common stock as they vest between 2027 and 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Wilson Donta L
Role
Chief Consumer & SB BK Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,204 | $43.83 | $447K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,289.099 shares (Direct);
Restricted Stock Units — 27,955 shares (Direct);
Common Stock — 7,087.951 shares (Indirect, By 401(k))
Footnotes (1)
- Includes 177.721 shares acquired between February 20, 2026 and March 13, 2026, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated February 20, 2026 and March 13, 2026. On February 24, 2025, the reporting person was granted 27,955 restricted stock units, vesting in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock. On February 28, 2025, the reporting person was granted 1,499 restricted stock units, vesting in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock. On February 23, 2026, the reporting person was granted 26,691 restricted stock units, vesting in three equal installments on 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.
FAQ
What did Truist (TFC) executive Donta L. Wilson report in this Form 4 filing?
Donta L. Wilson reported a tax-related share disposition, not an open-market sale. On March 13, 2026, 10,204 Truist common shares were withheld at $43.83 per share to satisfy tax obligations, while he retained sizeable direct, indirect, and restricted stock unit holdings in TFC.
What restricted stock units does Donta L. Wilson hold in Truist (TFC)?
Wilson holds several restricted stock unit grants tied to Truist common stock. Footnotes show awards of 27,955 units and 1,499 units granted in February 2025, vesting in three installments in 2027, 2028, and 2029, plus 26,691 units granted in February 2026 vesting in 2028, 2029, and 2030.
Is the Form 4 transaction for Truist (TFC) executive Donta L. Wilson a stock sale?
The transaction is not an open-market stock sale. It is classified as an F-code tax-withholding disposition, where 10,204 shares were delivered at $43.83 per share to satisfy tax obligations associated with equity compensation, while Wilson maintained substantial remaining share and restricted unit holdings.