Michael Lyons P., Pres, CEO at Truist Financial Corp, Buys Shares Worth $1.02 million

Truist Financial Corp (TFC) disclosed that Michael Lyons P., who holds the position of Pres, CEO at the company, was involved in buying 21,000 shares, per a Form 4 filing with the SEC.

The transaction was executed at a price of $48.36 per share, for a total value of approximately $1.02 million.

Company insiders are required to disclose changes in their stock ownership to the SEC on Form 4, typically within two business days of the trade.

Purchases by company insiders are one of several signals investors monitor, alongside earnings results and broader sector trends.