Steven C. Voorhees - Mar 2, 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role: Director
Signature: Carla Brenwald, Attorney-in-fact
Stock symbol: TFC
Transactions as of: Mar 2, 2022
Transactions value $: $598,000
Form type: 4
Date filed: 3/3/2022, 02:23 PM
Previous filing: Feb 24, 2022
Next filing: Mar 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TFC	Common Stock	Purchase	$299K	+5K	+23.95%	$59.80	25.9K	Mar 2, 2022	Direct
transaction	TFC	Common Stock	Purchase	$299K	+5K	+19.33%	$59.80	30.9K	Mar 3, 2022	Direct

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
holding	TFC	Phantom Stock Unit						4.39K	Mar 2, 2022	Common Stock	4.39K	$0.00	Direct	F1, F2
holding	TFC	Phantom Stock Units						5.92K	Mar 2, 2022	Common Stock	5.92K	$0.00	Direct	F2, F3
holding	TFC	Restricted Stock Unit						4.97K	Mar 2, 2022	Common Stock	2.41K		Direct	F4

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

Explanation of Responses:

Id	Content
F1	Represents phantom stock units issued prior to the merger under the SunTrust Banks, Inc. Directors' Deferred Compensation Plan with respect to the deferral of meeting and/or retainer fees payable in cash. Payments commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.
F2	Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
F3	Represents phantom stock units issued prior to the merger under the SunTrust Banks, Inc. 2009 Stock Plan or 2018 Omnibus Incentive Compensation Plan for which the director made an election to defer receipt until departure from the Board. These securities convert to common stock on a one-for-one basis.
F4	Represents restricted stock units granted under the Truist Financial Corporation 2012 Incentive Plan for which a deferral election has been made pursuant to the Truist Financial Corporation Amended and Restated Non-Employee Directors' Deferred Compensation Plan. Payments in the form of shares of common stock commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.