Cynthia B. Powell - Feb 27, 2023 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Corp. Controller, Exec VP
Signature
Carla Brenwald, Attorney-in-fact
Stock symbol
TFC
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 08:57 AM
Previous filing
Mar 17, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Award $0 +1.58K +58.58% $0.00 4.28K Feb 27, 2023 Direct F3
transaction TFC Common Stock Award $0 +330 +13.93% $0.00 2.7K Feb 27, 2023 Direct F2
transaction TFC Common Stock Award $0 +825 +53.43% $0.00 2.37K Feb 27, 2023 Direct F1
holding TFC Common Stock 5.04K Feb 27, 2023 By 401(k) F4
* 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 3,299 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 825 restricted stock units being earned.
F2 On July 27, 2020, the reporting person was granted 1,319 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 330 restricted stock units being earned.
F3 On February 22, 2021, the reporting person was granted 4,740 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 1,581 restricted stock units being earned.
F4 Includes 361.481 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.