Cynthia B. Powell - 21 Feb 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Corp. Controller, Exec VP
Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
21 Feb 2022
Net transactions value
$0
Form type
4
Filing time
23 Feb 2022, 16:14:27 UTC
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Award $0 +1,035 $0.000000 1,035 21 Feb 2022 Direct F1
transaction TFC Common Stock Award $0 +825 +80% $0.000000 1,860 21 Feb 2022 Direct F2
transaction TFC Common Stock Award $0 +330 +18% $0.000000 2,190 21 Feb 2022 Direct F3
holding TFC Common Stock 4,681 21 Feb 2022 By 401(k) F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 26, 2019, the reporting person was granted 3,104 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2020, 2021, and 2022. The performance criteria for 2022 were met, resulting in 1,035 restricted stock units being earned.
F2 On February 24, 2020, the reporting person was granted 3,299 restricted stock units, which shall vest and become earned ratably over four years based on certain performance criteria for each vesting year ending March 15, 2021, 2022, 2023 and 2024. The performance criteria for 2022 were met, resulting in 825 restricted stock units being earned.
F3 On July 27, 2020, the reporting person was granted 1,319 restricted stock units, which shall vest and become earned ratably over four years based on certain performance criteria for each vesting year ending March 15, 2021, 2022, 2023 and 2024. The performance criteria for 2022 were met, resulting in 330 restricted stock units being earned.
F4 Includes 304.767 shares acquired between January 1, 2021 and December 31, 2021, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2021 through December 31, 2021.