Kelly S. King - 21 Jul 2022 Form 4/A - Amendment Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
21 Jul 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
25 Jul 2022, 16:16:16 UTC
Date Of Original Report
25 Jul 2022
Previous filing
22 Apr 2022
Next filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TFC Common Stock 80,948 21 Jul 2022 Direct F1, F2
holding TFC Common Stock 328,806 21 Jul 2022 By GRAT F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Also, on July 21, 2022, the reporting person contributed 70,000 shares of Truist common stock to a grantor retained annuity trust ("GRAT") for the benefit of himself and his adult children. The reporting person is the trustee of the GRAT and the sole recipient of the annuity payments made by the GRAT. This Form 4 is being filed to reflect the change in the form of the reporting person's beneficial ownership of the Truist common stock contributed to the GRAT from direct to indirect beneficial ownership.
F2 On July 21, 2022, 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 43,398 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 is being filed to reflect 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.

Remarks:

On July 25, 2022, the reporting person filed a Form 4 which inadvertently reported the Date of Earliest Transaction as 2/21/2022. This Form 4 is being Amended to report the correct Date of Earliest Transaction as 7/21/2022.