Truist Financial CEO Michael Lyons Buys $1.2 Million of Stock
The purchase was priced at $48.36 per share, and Lyons holds 46,000 shares directly after the trade.
Key points
- Lyons bought 25,000 shares on Oct. 28 at $48.36, a total of $1.21 million
- After the trade, Lyons held 46,000 shares directly
- Stock closed at $49.32 on Oct. 29, up 1.9%
- Q3 net income to common shareholders fell 49% to $684.0 million
Truist Financial Corp President and CEO Michael P. Lyons bought about $1.2 million of the company's stock, according to a Form 4 filing with the Securities and Exchange Commission that was disclosed Thursday, Oct. 29, 2026.
The filing shows Lyons bought 25,000 shares on Oct. 28 at $48.36 per share, for a total of $1.21 million. After the trade he held 46,000 shares directly. The trade was not made under a pre-arranged trading plan.
Other insider activity
In the period from July 31, 2026 through the day before these filings, Lyons also bought 21,000 shares worth about $1.02 million, according to the filings. Donta L. Wilson, Chief Consumer & SB BK Officer, sold 13,280 shares worth about $688,618 in the same period.
Price and company context
Truist closed at $48.42 on Oct. 28, the last close before the filings, and the stock had risen 4.6% over the preceding 20 sessions. The stock rose 1.9% on Oct. 29, closing at $49.32, while the S&P 500 ETF fell 0.4% that session.
The company reported net income to common shareholders of $684.0 million for the quarter ended Sept. 30, down 49% from a year earlier, with diluted earnings per share of $0.56. Cash and equivalents stood at $45.47 billion as of that date. Truist filed its 10-Q for the quarter one day before the insider filing.
The filings do not state why the purchase was made.
Sources
Written with AI from insiders' Form 4 filings with the SEC and our market data, and checked against those sources before publishing. Our editorial standards.
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