Thread regarding Truist Bank layoffs

Execs selling stock

CFO Michael Baron Maguire sold 13,000 shares worth $651,690 on 1/26.


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Post ID: @OP+1kggv3yjx

11 replies (most recent on top)

Once I make AVP I will be trading stock whenever I feel like it.

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Post ID: @1fw+1kggv3yjx

Just saw info regarding shared on major news outlets:

Key Details of the Transaction:
Insider: Michael Baron Maguire (Chief Financial Officer)
Date of Sale: January 26, 2026
Shares Sold: 13,000
Total Value: Approx. $651,664 – $651,690
Remaining Position: 74,323 shares
Context: The sale occurred while TFC traded near its 52-week high, following strong 6-month returns.

But, we have to jump through hoops to trade stocks? Really!?
Wonder why he sold? Cash for a new home? Medical bills? College tuition?

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Post ID: @1df+1kggv3yjx

Teammates, I’d like to sell a large chunk of Truist stock as well. I’d like a larger yacht. But, the stock has remained stagnant since I became CEO. I’ve tried to come up with a good reason for that, but I’m left with only one conclusion. You all are not doing enough! Now get it together, play offense and do it with unwavering care and purpose!! And BTW, this is your final warning, so I suggest you keep your mouths shut and do what you are told.

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Post ID: @te+1kggv3yjx

Bro prolly had his kids college tuition bill coming due
That sh-t is EXPENSIVE!!

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Post ID: @mw+1kggv3yjx

@h7 Good Question, if whoever it is needs help in determining who to relieve I'm game.

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Post ID: @h8+1kggv3yjx

So, who’s buying Truist?

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Post ID: @h7+1kggv3yjx

Bro would have made $50k more if he waited a week.

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Post ID: @ed+1kggv3yjx

Can’t blame him, wish I had the much stock to liquidate. Maybe one day when I make AVP.

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Post ID: @db+1kggv3yjx

Must be nice when you are one of the main reason the company is performing horribly, are punishing the rank and file in their yearly comp, and still pull down raises far in excess of those you pass out.

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Post ID: @cp+1kggv3yjx

Enron...is that you?

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Post ID: @cm+1kggv3yjx

Must be nice to liquidate over half a million dollars in stock on a whim.

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Post ID: @ck+1kggv3yjx

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