Truist CEO Michael Lyons Buys $1.2 Million of Stock on Oct. 28
Truist's CEO bought 25,000 common shares at a weighted average $48.36, lifting his direct holding 119% to 46,000 shares, a Form 4 filed Oct. 29 shows.
Alpha Score of 62 reflects moderate overall profile with moderate momentum, strong value, moderate quality. Based on 3 of 4 signals – score is capped at 90 until remaining data ingests.
Michael P. Lyons, president and CEO of Truist Financial Corp. (TFC) and a member of its board, bought 25,000 shares of common stock on Oct. 28, according to a Form 4 filed Oct. 29, 2026. The purchase was worth $1,209,050.
The filing reports one purchase line, made at a weighted average price of $48.36 a share in trades from $48.35 to $48.38. It was not made under a Rule 10b5-1 plan.
A Form 4 is the report that officers, directors and holders of more than 10% of a company's stock must file within two business days of a trade in its shares. This one carries transaction code P, which marks an open-market or private purchase paid for by the insider, as opposed to grants, option exercises or purchases under an employee plan. AlphaScala's explainer on Form 4 code P covers the distinction in more detail.
Lyons reported a direct holding of 46,000 shares after the purchase, up from 21,000 before it, a 119% increase. The Form 4 was filed one day after the trade, which is also one weekday.
This was not his first open-market purchase of Truist stock in the window the filings cover. Among open-market trades dated July 23 or later in Form 4s filed before Oct. 29, one earlier purchase was recorded, and it was Lyons's. He bought 21,000 shares on Sept. 17 for $1,015,576.80. The Oct. 28 purchase came 41 days after that one.
The same window holds two open-market sales by two different insiders. Donta L. Wilson, listed as Chief Consumer & SB BK Officer, sold 13,280 shares on July 31 for $688,618.46. Director K. David Boyer Jr. sold 3,986 shares on July 23 for $202,090.20. Together the sales were worth $890,708.66. The Oct. 28 purchase came 89 days after the last of them.
The Oct. 29 filing covers a single insider and a single common stock purchase line. Lyons's 25,000 shares were the only common stock purchase reported in it.
After the Oct. 28 purchase, his direct holding stood at 46,000 shares.
Written by a large language model from primary sources linked in the article: AlphaScala's structured filing data (SEC Form 4 / STOCK Act / 13F / CFTC records) or an official release (central bank, BLS, EIA or SEC). Every figure is checked automatically against those sources before publication. Not investment advice.