Michael P. Lyons, President and CEO of Truist Financial Corp, filed a Form 4 on October 29, 2026, disclosing an open-market purchase of 25,000 shares of common stock on October 28, 2026.

Key Highlights

  • Purchase transaction: Michael P. Lyons acquired 25,000 shares of Truist Financial Corp common stock on October 28, 2026, with a weighted average price of $48.362 per share.
  • Price range: According to the filing, actual prices paid ranged from $48.3500 to $48.3800 per share.
  • Resulting ownership: Following the transaction, Lyons directly beneficially owned 46,000 shares of common stock.
  • RSU grant - tranche one: On September 1, 2026, Lyons was granted 84,951 restricted stock units vesting in one-third increments on March 15, 2028, March 15, 2029, and March 15, 2030.
  • RSU grant - tranche two: On September 1, 2026, Lyons was also granted 266,990 restricted stock units vesting in three equal installments on September 1, 2027, September 1, 2028, and September 1, 2029.
  • Roles: The filing identifies Lyons as both a Director and an Officer with the title President and CEO of Truist Financial Corp (NYSE:TFC).

Lyons' October 28 Purchase and September RSU Grants at Truist Financial

According to the Form 4 filed with the SEC on October 29, 2026, Michael P. Lyons, President and CEO of Truist Financial Corp (NYSE:TFC), reported an open-market purchase of 25,000 shares of common stock on October 28, 2026. The filing states the transaction code was "P," denoting a purchase, at a weighted average price of $48.362 per share. The filing further discloses that prices actually paid ranged from $48.3500 to $48.3800, and that Lyons will provide details on shares purchased at each price within that range upon request by the issuer, any security holder, or SEC staff.

Following the reported purchase, the filing indicates that Lyons directly beneficially owned 46,000 shares of Truist Financial Corp common stock. In addition to the open-market purchase, the filing discloses two separate restricted stock unit grants made on September 1, 2026. The first grant consists of 84,951 restricted stock units that vest in one-third increments on March 15, 2028, March 15, 2029, and March 15, 2030. The second grant consists of 266,990 restricted stock units vesting in three equal installments on September 1, 2027, September 1, 2028, and September 1, 2029. The filing states that each restricted stock unit represents a right to receive one share of TFC common stock.

Both RSU grants are held directly, and the filing lists Lyons' total derivative security positions following the reported transactions as 84,951 and 266,990 units respectively. The form was signed by Carla Brenwald as attorney-in-fact on October 29, 2026.

What Was Disclosed

The filing reported an open-market purchase of 25,000 shares of Truist Financial Corp common stock by President and CEO Michael P. Lyons on October 28, 2026, at a weighted average price of $48.362, along with previously granted restricted stock units totaling 351,941 units.