Last updated: 19 March 2024 at 3:51pm EST

Hugh Cummins Net Worth




The estimated Net Worth of Hugh S. Iii Cummins is at least $16.7 Million dollars as of 15 September 2023. Mr. Cummins owns over 9,961 units of Truist stock worth over $14,195,070 and over the last 7 years he sold TFC stock worth over $2,509,000. In addition, he makes $0 as Senior Executive Vice President and Head of the Corporate and Institutional Group at Truist.

Mr. Cummins TFC stock SEC Form 4 insiders trading

Hugh has made over 20 trades of the Truist stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 9,961 units of TFC stock worth $414,876 on 15 September 2023.

The largest trade he's ever made was exercising 91,100 units of Truist stock on 7 February 2020 worth over $3,794,315. On average, Hugh trades about 18,832 units every 62 days since 2018. As of 15 September 2023 he still owns at least 340,818 units of Truist stock.

You can see the complete history of Mr. Cummins stock trades at the bottom of the page.





Hugh Cummins biography

Hugh S. Cummins III serves as Senior Executive Vice President and Head of the Corporate and Institutional Group of the Company. Previously SunTrust Co-Chief Operating Officer and Wholesale Segment Executive since February 2018. SunTrust Corporate Executive Vice President and Wholesale Segment Executive from 2017 to February 2018. SunTrust Commercial and Business Banking Executive from 2013 to 2017.



How old is Hugh Cummins?

Hugh Cummins is 57, he's been the Senior Executive Vice President and Head of the Corporate and Institutional Group of Truist since 2019. There are 29 older and 11 younger executives at Truist. The oldest executive at Truist Financial Corporation is Kelly Stuart King, 73, who is the Exec. Chairman.

Insiders trading at Truist

Over the last 5 years, insiders at Truist have traded over $5,008,342 worth of Truist stock and bought 240,557 units worth $11,367,462 . The most active insiders traders include William H Jr Rogers, Paul R Garcia, and Kelly S King. On average, Truist executives and independent directors trade stock every 17 days with the average trade being worth of $1,039,209. The most recent stock trade was executed by Cynthia B Powell on 25 July 2024, trading 6,688 units of TFC stock currently worth $295,208.



What does Truist do?

bb&t and suntrust formed truist with a shared purpose—to inspire and build better lives and communities. with our combined resources, collective passion, and commitment to innovation, we’re creating a better financial experience to help people and businesses achieve more.with 275 years of combined bb&t and suntrust history, truist serves approximately 12 million households with leading market share in many high growth markets in the country. the company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. headquartered in charlotte, north carolina, truist is the sixth-largest commercial bank in the u.s. truist bank, member fdic. learn more at truist.com and see social media terms and conditions at truist.com/socialterms.



What does Truist's logo look like?

Truist Financial Corporation logo

Complete history of Mr. Cummins stock trades at Truist

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Sep 2023 Hugh S. Iii Cummins
Vice Chair and COO
Option 9,961 $29.00 $288,869
15 Sep 2023
340,818
27 Jan 2023 Hugh S. Iii Cummins
Vice Chair and COO
Option 55,924 $21.17 $1,183,911
27 Jan 2023
342,297
1 Oct 2022 Hugh S. Iii Cummins
Vice Chair and COO
Option 88,858 $43.54 $3,868,877
1 Oct 2022
325,862
11 Feb 2022 Hugh S. Iii Cummins
Vice Chair and COO
Option 907 $63.59 $57,676
11 Feb 2022
230,165
8 Feb 2022 Hugh S. Iii Cummins
Vice Chair and COO
Option 24,162 $65.85 $1,591,068
8 Feb 2022
238,797
3 Nov 2021 Hugh S. Iii Cummins
Vice Chair and COO
Option 59,052 $16.74 $988,530
3 Nov 2021
273,686
12 Feb 2021 Hugh S. Iii Cummins
Vice Chair and COO
Option 62,430 $54.01 $3,371,844
12 Feb 2021
238,010
8 Feb 2021 Hugh S. Iii Cummins
Vice Chair and COO
Option 23,411 $52.97 $1,240,081
8 Feb 2021
183,284
13 Feb 2020 Hugh S. Iii Cummins
Vice Chair and COO
Option 33,458 $54.92 $1,837,513
13 Feb 2020
172,388
7 Feb 2020 Hugh S. Iii Cummins
Vice Chair and COO
Option 91,100 $54.27 $4,943,997
7 Feb 2020
179,683


Truist executives and stock owners

Truist executives and other stock owners filed with the SEC include: