Thread regarding Truist Bank layoffs

CIO just sold shares

Case just sold 11k shares. These were direct, not automated or option grants. He is not the only one. Where is the confidence?

https://www.sec.gov/Archives/edgar/data/92230/000166427223000241/xslF345X03/f4_a1e2k00000rxrqfuad-live.xml

by
| 20301 views | | 4 replies (last March 20, 2023) | Reply
Post ID: @OP+1lG86SEs

4 replies (most recent on top)

Of course Kelly and all other executives sold on 3/15! I guess you did not see my previous post! ALL executives, VP and above actually received a bonus/benefit that came payable this year! I received 10k as a lowly VP in March 21 that is now March 15, 2023 is required to be claimed! So of course their shares would be much higher!

by
| | Reply
Post ID: @3kzh+1lG86SEs

Even Kelly is selling seeds of hope

by
| | Reply
Post ID: @1opi+1lG86SEs

This date 3/15 is the date for redemption of VP and over additional compensation on the benefit accrued in March 2021. No option but to sell the shares awarded in 2021. Mine is actually a paltry amount. I took the VSRP in 2021.

by
| | Reply
Post ID: @1vbm+1lG86SEs

Seems a bit odd as it appears all but one member of executive management made a direct sale today at the same price. Even Kelly sold 45000 shares. Someone have insight on this?

by
| | Reply
Post ID: @pis+1lG86SEs

Post a reply

: