Paul D. Donahue - Feb 28, 2023 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Stock symbol
TFC
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 01:04 PM
Previous filing
Apr 5, 2023
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock +Grant/Award $0 +3,833 +48.59% $0.00 11,722 Feb 28, 2023 Direct F1

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 Units 3,275 Feb 28, 2023 Common Stock 3,275 $0.00 Direct F3, F4
holding TFC Phantom Stock Unit 1,536 Feb 28, 2023 Common Stock 1,536 $0.00 Direct F2, F3

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units which cliff vest on December 31, 2023.
F2 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.
F3 Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
F4 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.