Kimberly Moore-Wright - 27 Feb 2023 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Sr. Executive Vice Presidnet
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, 08:55:02 UTC
Previous filing
17 Mar 2022
Next filing
17 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 +2,306 +35% $0.000000 8,907 27 Feb 2023 Direct F4
transaction TFC Common Stock Award $0 +310 +4.9% $0.000000 6,601 27 Feb 2023 Direct F3
transaction TFC Common Stock Award $0 +775 +14% $0.000000 6,291 27 Feb 2023 Direct F2
transaction TFC Common Stock Award $0 +1,928 +54% $0.000000 5,516 27 Feb 2023 Direct F1
holding TFC Common Stock 2,453 27 Feb 2023 By 401(k) F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Based Restricted Stock Units granted February 26, 2019 on which the performance criteria has been met. The shares will vest on March 15, 2023.
F2 On February 24, 2020, the reporting person was granted 3,099 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 775 restricted stock units being earned.
F3 On July 27, 2020, the reporting person was granted 1,239 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 310 restricted stock units being earned.
F4 On February 22, 2021, the reporting person was granted 6,915 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 2,306 restricted stock units being earned.
F5 Includes 160.870 shares acquired between January 1, 2022 and December 31, 2022, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2022 through December 31, 2022.