Form 8-K
8-K — TRUIST FINANCIAL CORP
Accession: 0001193125-26-201455
Filed: 2026-05-01
Period: 2026-04-28
CIK: 0000092230
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Submission of Matters to a Vote of Security Holders
Item: Financial Statements and Exhibits
Documents
8-K — d435501d8k.htm (Primary)
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8-K
8-K (Primary)
Filename: d435501d8k.htm · Sequence: 1
8-K
TRUIST FINANCIAL CORP 5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock false 0000092230 0000092230 2026-04-28 2026-04-28 0000092230 us-gaap:CommonStockMember 2026-04-28 2026-04-28 0000092230 tfc:SeriesIPreferredStockMember 2026-04-28 2026-04-28 0000092230 tfc:SeriesJPreferredStockMember 2026-04-28 2026-04-28 0000092230 tfc:SeriesOPreferredStockMember 2026-04-28 2026-04-28 0000092230 tfc:SeriesRPreferredStockMember 2026-04-28 2026-04-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
April 28, 2026
Date of Report (Date of earliest event reported)
Truist Financial Corporation
(Exact name of registrant as specified in its charter)
Commission file number: 1-10853
North Carolina
56-0939887
(State or other jurisdiction
of incorporation)
(I.R.S. Employer
Identification No.)
214 North Tryon Street
Charlotte, North Carolina
28202
(Address of principal executive offices)
(Zip Code)
(844) 487-8478
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common Stock, $5 par value
TFC
New York Stock Exchange
Depositary Shares each representing 1/4,000th interest in a share of Series I Perpetual Preferred Stock
TFC.PI
New York Stock Exchange
5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock
TFC.PJ
New York Stock Exchange
Depositary shares, each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock
TFC.PO
New York Stock Exchange
Depositary Shares each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred Stock
TFC.PR
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As discussed below, at the 2026 Annual Meeting of Shareholders (the “Annual Meeting”) of Truist Financial Corporation (the “Corporation”) held on April 28, 2026, the Corporation’s shareholders approved the amendment and restatement of the Truist Financial Corporation 2022 Incentive Plan (the “A&R Plan”).
A description of the material terms of the A&R Plan is set forth under the heading “Summary of the A&R Plan” under “Proposal 4—Approval of the Amendment and Restatement of the Truist Financial Corporation 2022 Incentive Plan” in the Definitive Proxy Statement filed by the Corporation with the Securities and Exchange Commission on March 16, 2026 (the “2026 Proxy Statement”), which description is incorporated into this Item 5.02 by reference. This description of the A&R Plan does not purport to be complete and is qualified in its entirety by reference to the full text of the A&R Plan, which is included as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated into this Item 5.02 by reference.
Item 5.07
Submission of Matters to a Vote of Security Holders.
Annual Meeting
On April 28, 2026, the Corporation held its Annual Meeting. A total of 1,108,291,362 shares of the Corporation’s common stock were present or represented by proxy at the meeting. This represented approximately 89.3% of the Corporation’s 1,241,009,752 shares of common stock that were outstanding as of the record date of February 19, 2026 and entitled to vote at the Annual Meeting. The Corporation’s shareholders voted on five proposals and cast their votes as shown below. The proposals are described in the 2026 Proxy Statement.
Proposal 1: Election of Directors
Each of the individuals named below was elected to serve as a director of the Corporation for a one-year term expiring at the 2027 Annual Meeting of Shareholders.
Name
Votes For
Votes Against
Abstentions
Jennifer S. Banner
898,963,546
28,977,168
3,711,951
K. David Boyer, Jr.
911,564,863
17,909,264
2,178,538
Agnes Bundy Scanlan
848,082,321
79,665,135
3,905,209
Dallas S. Clement
888,927,672
38,937,870
3,787,123
Linnie M. Haynesworth
920,392,341
9,122,983
2,137,341
Donna S. Morea
914,284,660
15,145,420
2,222,585
Charles A. Patton
903,188,246
24,719,556
3,744,863
Jonathan M. Pruzan
922,751,390
6,731,800
2,169,475
William H. Rogers, Jr.
875,355,150
52,376,301
3,921,214
Thomas E. Skains
865,225,013
62,606,999
3,820,653
Laurence Stein
922,292,316
7,010,980
2,349,369
Bruce L. Tanner
911,637,770
16,003,619
4,011,276
There were 176,638,697 broker non-votes for each director on this proposal.
Proposal 2: Advisory Vote to Approve the Corporation’s Executive-Compensation Program
Shareholders approved the Corporation’s executive-compensation program as described in the 2026 Proxy Statement.
Votes For
Votes Against
Abstentions
847,000,157
79,114,808
5,537,700
There were 176,638,697 broker non-votes for this proposal.
Proposal 3: Ratification of the Appointment of the Corporation’s Independent Registered Public Accounting Firm
Shareholders ratified the reappointment of PricewaterhouseCoopers LLP as the Corporation’s independent registered public accounting firm for 2026.
Votes For
Votes Against
Abstentions
1,066,976,093
38,720,395
2,594,874
There were no broker non-votes for this proposal.
Proposal 4: Approval of the Amendment and Restatement of the Truist Financial Corporation 2022 Incentive Plan
Shareholders approved the A&R Plan.
Votes For
Votes Against
Abstentions
892,091,335
34,063,585
5,497,745
There were 176,638,697 broker non-votes for this proposal.
Proposal 5: Shareholder Proposal Regarding a Report on Risks from Misalignment between Corporation Policies and Customer Base
Shareholders did not approve the proposal regarding a report on risks from misalignment between Corporation policies and customer base.
Votes For
Votes Against
Abstentions
16,932,625
904,818,911
9,901,129
There were 176,638,697 broker non-votes for this proposal.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No.
Description of Exhibit
10.1
Truist Financial Corporation 2022 Incentive Plan (amended and restated as of April 28, 2026), incorporated by reference to Annex B to the Corporation’s Definitive Proxy Statement filed on March 16, 2026.
104
The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TRUIST FINANCIAL CORPORATION
(Registrant)
By:
/s/ Cynthia B. Powell
Name:
Cynthia B. Powell
Title:
Executive Vice President and Corporate Controller (Principal Accounting Officer)
Date: May 1, 2026
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