David Hudson Weaver - 21 Feb 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Sr. Executive Vice President
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, 18:00:49 UTC
Previous filing
22 Oct 2021
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 +1,875 +7% $0.000000 28,829 21 Feb 2022 Direct F1, F2
transaction TFC Common Stock Award $0 +2,571 +8.9% $0.000000 31,400 21 Feb 2022 Direct F3
transaction TFC Common Stock Award $0 +5,575 +18% $0.000000 36,975 21 Feb 2022 Direct F4
holding TFC Common Stock 19,637 21 Feb 2022 By 401(k) F5
holding TFC Common Stock 837 21 Feb 2022 By UTMA C/F Daughter F6
* 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 5,624 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 1,875 restricted stock units being earned.
F2 Includes 0.002 shares acquired in December 2021, under the Issuer's Dividend Reinvestment Plan.
F3 On February 24, 2020, the reporting person was granted 10,282 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 2,571 restricted stock units being earned.
F4 On February 26, 2019, the reporting person was granted 5,624 performance-vested restricted stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2019 through December 31, 2021) performance period's ROCE and TSR performance measures. Transaction represents the satisfaction of performance measures at 99.13% of the Target Level of Achievement, resulting in 5,575 shares being earned.
F5 Includes 153.469 shares acquired between October 1, 2021 and December 31, 2021, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated October 1, 2021 through December 31, 2021.
F6 Includes 6.529 shares acquired in December 2021, under the Issuer's Dividend Reinvestment Plan.