Truist CEO Michael Lyons buys $1.2 million of company stock

Truist Financial President and Chief Executive Michael Lyons bought 25,000 shares of the bank's common stock on the open market Wednesday, a purchase worth about $1.2 million, according to a Form 4 filing.

Lyons paid a weighted average price of $48.362 per share, with individual prices ranging from $48.35 to $48.38, the filing shows. At that average, the purchase totals roughly $1,209,050.

What he holds now

After the purchase, Lyons directly owns 46,000 shares of Truist common stock, according to the Form 4 filed Thursday morning.

He also holds two blocks of restricted stock units granted on Sept. 1, 2026, the filing shows. One grant of 84,951 units vests in one-third increments on March 15 of 2028, 2029 and 2030. A second grant of 266,990 units vests in three equal installments on Sept. 1 of 2027, 2028 and 2029. Each unit represents the right to receive one share of Truist common stock.

The filing details

The Form 4 lists Lyons as both a director and an officer of the Charlotte, North Carolina-based bank. The transaction was reported under code P, which denotes an open-market or private purchase, rather than a stock award, an option exercise or shares withheld for taxes.

The trade was dated Oct. 28, and the report was filed with the Securities and Exchange Commission on Oct. 29, according to the filing.

By the numbers

• Buyer: Michael Lyons, president and CEO
• Shares bought: 25,000
• Weighted average price: $48.362
• Approximate value: $1.21 million
• Direct holdings after the trade: 46,000 shares
• Trade date: Oct. 28, 2026

Sources

1. Form 4 filed by Michael P. Lyons reporting open-market purchase of Truist Financial common stock, filed Oct. 29, 2026 (accession 0001534574-26-000018)

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

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