Clarke R. Starnes III - Oct 19, 2021 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role: Chief Risk Officer
Signature: Carla Brenwald, Attorney-in-fact
Stock symbol: TFC
Transactions as of: Oct 19, 2021
Transactions value $: -$910,050
Form type: 4
Date filed: 10/21/2021, 01:43 PM
Next filing: Feb 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TFC	Common Stock	Options Exercise	$1.44M	+37.6K	+25.34%	$38.22	186K	Oct 19, 2021	Direct
transaction	TFC	Common Stock	Sale	-$2.35M	-37.6K	-20.21%	$62.45	148K	Oct 19, 2021	Direct	F1
holding	TFC	Common Stock						14.6K	Oct 19, 2021	By 401(k)	F2
holding	TFC	Common Stock						7.72K	Oct 19, 2021	By IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TFC	Stock Option (right to buy)	Options Exercise	$0	-37.6K	-100%	$0.00^*	0	Oct 19, 2021	Common Stock	37.6K	$38.22	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. The prices actually received ranged from $62.4400 to $62.4710. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2	Includes 338.016 shares acquired between January 1, 2021 and September 30, 2021, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2021 through September 30, 2021.