John M. Howard - 27 Feb 2023 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Chief Insurance Officer
Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 08:48:31 UTC
Previous filing
17 Mar 2022
Next filing
08 Mar 2023
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 +3,210 +9.7% $0.000000 36,186 27 Feb 2023 Direct F3
transaction TFC Common Stock Award $0 +4,068 +14% $0.000000 32,976 27 Feb 2023 Direct F2
transaction TFC Common Stock Award $0 +2,906 +11% $0.000000 28,908 27 Feb 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 24, 2020, the reporting person was granted 11,623 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 2023 were met, resulting in 2,906 restricted stock units being earned.
F2 On September 1, 2020, the reporting person was granted 16,273 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 2023 were met, resulting in 4,068 restricted stock units being earned.
F3 On February 22, 2021, the reporting person was granted 9,628 restricted stock units, which shall vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2023, 2024, and 2025. The performance criteria for 2023 were met, resulting in 3,210 restricted stock units being earned.