Former Vice Chair and Chief Operating Officer · TRUIST FINANCIAL CORP (TFC)

Hugh Cummins III

A named executive officer of TRUIST FINANCIAL in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$6,693,120

FY2024: $8,024,551

2nd of 6 named executive officers at Truist Financial by FY2025 total.

6 named officers on file for TRUIST FINANCIAL, FY2025

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What this number hides

The filing gives the total. TRUIST FINANCIAL’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 16, 2026 (DEF 14A).

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Hugh Cummins III compensation by year

TRUIST FINANCIAL Summary Compensation Table · all 2 fiscal years held
In US dollars, as TRUIST FINANCIAL reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$800,000$54,965
Bonus$0$0
Stock awards$3,132,295$0
Option awards$0$0
Non-equity incentive$3,459,547$0
Pension and deferred compensation$480,156$449,453
All other$152,553$6,188,702
Total$8,024,551$6,693,120

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: TRUIST FINANCIAL CORP DEF 14A filed March 16, 2026, accession 0001193125-26-107144, and prior-year filings. Open the filing on EDGAR.

How this page was built: the TRUIST FINANCIAL CORP filed document, accession 0001193125-26-107144. Every figure is read from that document and cited to the page and table it appears in. Filed March 16, 2026.

$8.0M
$6.7M
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU78,931$3,884,195—
RSU57,225$2,816,042—

Per the Outstanding Equity Awards at Fiscal Year-End table in TRUIST FINANCIAL CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

TRUIST FINANCIAL’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
William RogersChairman and Chief Executive Officer$14,313,770
Hugh Cummins III · this pageFormer Vice Chair and Chief Operating Officer$6,693,120
Kristin LesherSenior Executive Vice President and Chief Wholesale Banking Officer$6,534,906
Dontá WilsonSenior Executive Vice President and Chief Consumer and Small Business Banking Officer$6,287,512
Michael MaguireSenior Executive Vice President and Chief Financial Officer$5,044,647
Bradley BenderSenior Executive Vice President and Chief Risk Officer$3,917,304

The full TRUIST FINANCIAL compensation record

free company brief

This page is one person within TRUIST FINANCIAL's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the TRUIST FINANCIAL proxy · each links to its own free brief

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are TRUIST FINANCIAL's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Hugh Cummins III's compensation dossier