Thomas Nichols Thompson - Feb 22, 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role: Director
Signature: Carla Brenwald, Attorney-in-fact
Stock symbol: TFC
Transactions as of: Feb 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/24/2022, 04:19 PM
Next filing: Sep 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TFC	Common Stock	Award	$0	+2.41K	+0.48%	$0.00	503K	Feb 22, 2022	Direct	F1, F2
holding	TFC	Common Stock						66.1K	Feb 22, 2022	By GRATs	F2
holding	TFC	Depositary Shares Series O						10K	Feb 22, 2022	Direct
holding	TFC	Depositary Shares Series R						6K	Feb 22, 2022	Direct

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

Explanation of Responses:

Id	Content
F1	Grant of Restricted Stock Units which cliff vest on December 31, 2022.
F2	On September 2, 2021, a grantor retained annuity trust ("GRAT") for the benefit of the reporting person and his adult children made an annuity payment to the reporting person consisting of 10,493 shares of Truist common stock. The reporting person is the trustee of the GRAT and the sole recipient of the annuity payments made by the GRAT. This Form 4 reflects the change in the form of the reporting person's beneficial ownership of the Truist common stock transferred by the GRAT from indirect to direct beneficial ownership. Also, the reporting person no longer has a reportable beneficial interest in 2,585 shares of TFC common stock owned by his son and included in the reporting person's prior ownership reports.

Content

Grant of Restricted Stock Units which cliff vest on December 31, 2022.

On September 2, 2021, a grantor retained annuity trust ("GRAT") for the benefit of the reporting person and his adult children made an annuity payment to the reporting person consisting of 10,493 shares of Truist common stock. The reporting person is the trustee of the GRAT and the sole recipient of the annuity payments made by the GRAT. This Form 4 reflects the change in the form of the reporting person's beneficial ownership of the Truist common stock transferred by the GRAT from indirect to direct beneficial ownership. Also, the reporting person no longer has a reportable beneficial interest in 2,585 shares of TFC common stock owned by his son and included in the reporting person's prior ownership reports.